Text size Shares of Affirm, a “buy now, pay later” company, have fallen 60% over the past year. Courtesy Affirm Shares of Affirm were falling sharply Friday after the “buy now, pay later” company issued a fiscal third-quarter revenue forecast that was below analysts’ expectations. Affirm (ticker: AFRM) dropped 17.2% […]
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Text size Amazon, Chipotle, and others could be candidates for splitting their stocks. Noah Seelam/AFP via Getty Images Alphabet recently announced it is splitting its stock. It probably won’t be the only company to do so in the short term—and that’s a good thing for the stock market. Alphabet (ticker: […]
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The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Feb 1 (Reuters) – Google parent Alphabet Inc (GOOGL.O) reported record quarterly sales that topped expectations on […]
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NEW YORK, Dec 29 (Reuters) – The U.S. Securities and Exchange Commission charged Medallion Financial Corp and its president with fraud for trying to inflate the stock price of the lender to taxicab medallion buyers, amid competition from Uber (UBER.N) and Lyft . Medallion shares plummeted $3.83, or 45.3%, to […]
If you want to know who really controls The Wendy’s Company (NASDAQ:WEN), then you’ll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. I quite like to see at least […]
Text size Alibaba has taken investors on a wild ride in 2021. David Becker/Getty Images After hitting a yearly low earlier this month, Alibaba stock is now on track to hit a new rock bottom before 2021 is done. The embattled Chinese technology giant entered this year with a stock […]