Tesla shares are trading lower Tuesday, adding to a multi-day slide that has seen shares fall approximately 9% over the last week. Here's a look at what's going on.
Tesla has told employees it will begin shortening shifts as it prepares for a fresh round of layoffs that could impact up to 20% of the company's workforce. Tesla stock was last down more than 4.75% on the news.
Mobile-Health Network Solutions put out a press release celebrating its successful IPO, which it said makes it the first pure-play telehealth company from the Asia-Pacific to list on a major U.S. stock exchange.
Canopy Growth announced that its shareholders approved the creation of a new class of Canopy Growth stock at its special meeting of shareholder on Friday. The approval authorizes the issuance of an unlimited number of a new class of non-voting and non-participating exchangeable shares in the capital of Canopy Growth.
Reddit made its highly anticipated debut on the New York Stock Exchange last month in what was the first major IPO of 2024. Several analysts are out with fresh ratings and price targets this week. Here's a look at the analyst updates from Monday.
Former President Donald Trump's Trump Media & Technology Group, which is behind the Truth Social platform, has filed for the potential issuance of up to 21.49 million shares of common stock issuable upon the exercise of warrants related to Digital World. Trump is the majority shareholder in the company.
In a new regulatory filing, Shah Capital, which owns 9.3 million shares of Novavax representing a 6.66% stake in the company, expressed disappointment with the recent performance of Novavax stock and appointed two new directors to the company's board.
Salesforce is in advanced talks to acquire cloud data management company Informatica, according to a Wall Street Journal report. The takeover price being discussed is currently below Informatica's share price of just over $38.