by Dorian Holden | Sep 30, 2019 | Markets
Reports that the Trump Administration is considering blocking the listing of Chinese companies on U.S. exchanges was apparently “fake news.” “The administration is not contemplating blocking Chinese companies from listing shares on U.S. stock exchanges at this...
by Jamie Johnson | Sep 30, 2019 | Markets
A Wedbush analyst upgraded the stock and raised its price target. Shares of Bed Bath & Beyond are up more than 5% on Monday morning after the stock was upgraded by Wedbush from neutral to outperform. This is a bit of much-needed good news for the company, which is...
by Dorian Holden | Sep 30, 2019 | Markets
Apparently, WeWork is still a slow-motion train wreck. Things are so bad it just pulled its S-1 filing to postpone its IPO. “We have decided to postpone our IPO to focus on our core business, the fundamentals of which remain strong,” WeWork co-CEOs Artie...
by Jamie Johnson | Sep 27, 2019 | Markets
Shares of Peloton fell 11% after the company’s IPO on Thursday. This week, Peloton joined a growing list of companies that crashed at burned during their initial public offerings. On Thursday, the company’s shares fell 11%, bringing its total market valuation to $7.2...
by Dorian Holden | Sep 27, 2019 | Markets
Iran’s Hassan Rouhani said the U.S. offered to remove sanctions in exchange for negotiations. However, that doesn’t appear to have been the case at all. In fact, President Trump just refuted those claims, sending oil prices higher. “The German...
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