Rivian Stock is trading horribly. Wall Street thinks it’s time for an activist.
by Font size Wall Street is not happy with the recent performance of Rivian or Rivian stock. Justin Sullivan/Getty Images Rivian Automotive stock trades much worse …
Tag: Stock Price Movements/Distortions
GameStop Stock Soars on Surprise Earnings. The Short Squeeze begins.
GameStop shares rose in late trading Tuesday after the video game retailer reported a strong quarter. Jim Watson/AFP via Getty Images Font size GameStop reported …
Shares of First Republic plummet after bank bailout, dividend suspension
Friday’s drop reflects concerns that the bailout deal with the big banks won’t fully address problems at First Republic, which also suspended its dividend on …
Apple and other big tech stocks see gains despite bank blowouts Here’s why.
Font size Apple and other big companies have seen their shares rise despite concerns in the banking sector. Pau Barrena/AFP via Getty Images SVB Financial …
Results Adobe, outlook tops Street views as mission critical software top spending priorities
The shares of Adobe Inc. rose in the extended session on Wednesday after the software company beat Wall Street’s expectations for the quarter and raised …
Lumen’s stock follows an annual record decline with another steep plunge this year
Lumen Technologies Inc. is not exactly in the best company of the S&P 500 laggards this year. Of the eight worst-performing names in the index …
Dow posts new low in 2023 as banking sector collapses and investors await monthly employment report
US stocks closed sharply lower on Thursday, with the financial sector posting a sharp one-day decline as investors awaited Friday’s February employment data that could …
Bond losses force Silicon Valley Bank’s parent company to raise capital
SVB Financial Group‘s SIVB -42.72% Shares fell sharply after it said it had sold large chunks of its securities portfolio and would raise new capital, …
GE’s Investor Meeting is coming up. Here’s what to expect.
Font size GE’s wind turbine business will take center stage when the company meets with analysts and investors on March 9. Sebastein Salom-Gomis/AFP/Getty Images It’s …
Shares of Zscaler are down more than 10% after an outlook raise and job cuts
The share of Zscaler Inc. fell in the extended session Thursday after the cybersecurity firm raised its revenue forecast for the year and announced layoffs. …