Newsfeeds Archive - Page 8 of 319

2 minute read

Canopy Growth Stock Is Falling Thursday: What’s Going On?

June 6, 11:00 AM

Canopy Growth has established an at-the-market equity program that allows the company to issue and sell up to $250 million worth of its common stock from time to time in concurrent public offerings in the United States and Canada.

CGC

1 minute read

Movers
News

What’s Going On With Reddit Stock Today?

By Adam Eckert

June 6, 10:58 AM

Reddit Inc (NYSE:RDDT) shares are trading higher Thursday. The company announced an expanded partnership with Sprinklr Inc (NYSE:CXM) covering both Reddit's Data API and Advertising API.

CXM

2 minute read

Movers
News

What’s Going On With Novavax Stock Thursday?

By Adam Eckert

June 6, 9:30 AM

The FDA's committee of independent advisors voted unanimously on Wednesday to recommend that the FDA tell vaccine makers to update their COVID-19 shots to make them more effective against the JN.1 variants. Novavax said it's on track to deliver the recommended vaccine by September.

NVAX

1 minute read

Robinhood Markets Stock Is Rising Thursday: What’s Going On?

By Adam Eckert

June 6, 9:27 AM

Robinhood announced Thursday morning that it entered into an agreement to acquire Bitstamp and bring its globally-scaled crypto exchange to Robinhood. Bitstamp holds over 50 active licenses and registrations globally. Robinhood said it expects the takeover of the global exchange to significantly accelerate the company's crypto's expansion worldwide.

HOOD

1 minute read

Barnes & Noble Stock Pops After The Bell: What’s Going On?

By Adam Eckert

June 5, 5:22 PM

Barnes & Noble announced shareholders voted to approve its previously announced equity and refinancing transactions with Immersion Corp and existing shareholders.

BNED

2 minute read

Smartsheet Stock Jumps On Q1 Earnings Beat, Management Sees ‘Pivotal Year’ Ahead

By Adam Eckert

June 5, 4:56 PM

Smartsheet Inc (NYSE:SMAR) shares are trading higher in Wednesday's after-hours session on the heels of the company's first-quarter financial results. Here's a rundown of the report.

SMAR

2 minute read

Lululemon Q1 Earnings: Revenue Beat, EPS Beat, Comps Up 6%, Soft Q2 Guidance And More

By Adam Eckert

June 5, 4:21 PM

Lululemon reported first-quarter revenue of $2.21 billion, beating the consensus estimate of $2.2 billion, according to Benzinga Pro. The athleisure company reported quarterly earnings of $2.54 per share, beating analyst estimates of $2.39 per share.

LULU

2 minute read

AMC Stock Rises As Annual Shareholder Meeting Results Roll In: What’s Going On?

By Adam Eckert

June 5, 3:03 PM

AMC's annual meeting of shareholders kicked off at 2 p.m. ET Wednesday.

AMC

2 minute read

Nvidia Has ‘Multi-Year Lead’ On AMD, Intel: Bank Of America Analyst Expects Stock To Hit $1,500 Per Share

By Adam Eckert

June 5, 2:49 PM

Nvidia is "best positioned" to help the IT industry deliver AI services and has a multi-year lead over competitors, analyst says.

AMD

2 minute read

Nvidia Had Games, Amazon Had Books, ‘Tesla Has Cars’: Ron Baron Is So Bullish On Elon Musk, He ‘Can’t Even Put A Top’ On Tesla Stock

By Adam Eckert

June 5, 12:50 PM

Billionaire investor Ron Baron has a cost average of around $13 on his Tesla Inc (NASDAQ:TSLA) investment. If he was not restricted from buying more, he would continue buying at current levels as he doesn't see a top in sight.

AMZN