Business & Finance 22 October 2022, 1:40 pm 1 minute Reuters exclusively reported that Ancora Holdings, one of the hedge funds that spearheaded a board shake-up at Kohl’s Corp, is now pushing for the removal of the U.S. retailer’s chief executive and board chairman. The move marks the beginning of a new round of shareholder …
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Source: T. Schneider / Shutterstock.com The wild rides on Wall Street continue, but for Amprius Technologies (NYSE:AMPX), the stock is roaring. Shares of AMPX stock are currently up close to 40% on the day. At the same time, the S&P 500 has given up all of its gains for the session and is now trading …
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Bed Bath & Beyond (NASDAQ:BBBY) admitted it would have trouble with lenders if its stock price doesn’t get over $1/share by April 3. The admission came in a filing with the Securities and Exchange Commission (SEC). Shares were due to open March 23 at about 85 cents each, with a market capitalization of $93 million. …
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One of today’s biggest market sensations is Zura Bio Limited (NASDAQ:ZURA). The clinical-stage biotechnology firm recently completed a merger with JATT Acquisition Corp, a special-purpose acquisition company (SPAC). Following a successful shareholder vote on March 16, ZURA stock began trading on the Nasdaq yesterday. The newly formed company made its trading debut on Tuesday, March …
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Source: Shutterstock After a rollercoaster day, stocks plummeted heading into the market close after a controversial Federal Reserve rate hike announcement. Indeed, the central bank opted to raise rates once again this afternoon. This time, the Fed went with a comparably hawkish 25 basis point hike. The Fed was faced with perhaps its most difficult …
Source: Northfoto / Shutterstock.com GameStop (NYSE:GME) stock soared 50% in early morning trading. It is now down to “just” 38% in the green but is still the top-trending stock on Yahoo Finance after the company surprised the Street by reporting a fourth-quarter profit last night, excluding certain items. But GME’s move into the black appeared …
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Source: Shutterstock It has been a while since we’ve talked about cannabis stocks, but they’re popping up on investors’ radars on Tuesday. This group rallied rather nicely on the day. More specifically, Tilray (NASDAQ:TLRY) stock closed up 7% today. Meanwhile, Aurora Cannabis (NASDAQ:ACB) closed up 9%, SNDL (NASDAQ:SNDL) up 8% and Canopy Growth (NASDAQ:CGC) up …
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Source: My Life Graphic/Shutterstock.com Troika Media (NASDAQ:TRKA) is trending on Tuesday as shares of TRKA stock fall more than 25%. The pullback is not what investors were looking for, given the stock’s high short interest and recent earnings report. That said, it is a tricky market environment right now. The S&P 500 is under notable …
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The proposal to ban TikTok may be moving forward. In November 2022, the FBI informed the House Homeland Security Committee of national security concerns regarding the popular content-sharing platform. Since then, politicians have been looking into the data security dangers it may pose. Senator Mark Warner recently echoed the law enforcement agency’s accusation, and he …
Source: Artem Oleshko / Shutterstock.com Jobs have been the talk of Wall Street for most of the past month. Heading into the February unemployment report due this Friday, stock market crash alarms are ringing all across financial markets. What do you need to know heading into this week’s major market catalyst? Well, all eyes are …
Continue reading “Stock Market Crash Alert: Mark Your Calendars for March 10”
