Akanda implements a 1-for-40 reverse stock split on its ordinary shares effective May 23, 2024. The new CUSIP number for the ordinary shares following the reverse stock split is 00971M304.
Buckle reported a 7.2% YoY decline in Q1 FY24 sales to $262.48M, missing the $263.64M analyst estimate. Comparable store net sales fell 9%, while online sales dropped 13.4%.
Intuit shares decline in premarket trading after reporting third-quarter results exceeding revenue expectations, with strong performance in TurboTax revenue and AI enhancements.
Wall Street is eyeing a return to winning ways on Friday after the lackluster sentiment seen in the past two sessions. The index futures held modestly higher in early trading.
BYD, Tesla's top Chinese competitor, announces groundbreaking 5th Generation DM Hybrid Technology, achieving a 2000-kilometer range, while shares close lower.
Micron Technology has been reportedly ordered to pay $445 million to Netlist for patent infringement on high-performance memory-module technology. The jury in the U.S. District Court for the Eastern District of Texas found Micron's actions to be willful.