Market swings and the surging prices of meme stocks have caught the attention of the U.S. Securities and Exchange Commission (SEC), Bloomberg reported on Monday (April 7). The SEC is doing a deep dive into the markets for evidence of manipulation and other improper behavior...
Decreased pandemic-era pantry-stocking and rising raw material and transportation costs are expected to see food giant J.M. Smucker’s sales slip 2 to 3 percent this year, the company told investors Thursday (June 3), noting that slower uptake of the back-to-work trend has helped its coffee...
GameStop shot up 16 percent in the stock market to $209.43 Tuesday (May 25), Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Another strong earnings report out of Airbnb for the first quarter of 2021 as the vaccine rolls out and consumers nationwide gear up to get back out there again, spurring what CEO Brian Chesky forecast to investors would be a heretofore unprecedented recovery for the...
DoorDash revenue grew nearly 200 percent year over year in first quarter 2021, an earnings report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
AMC rallied for five days on Nasdaq, going up 17 percent on Thursday afternoon (May 13), as investors took to social media with #AMCSqueeze to push up the price of shares, Bloomberg reported on the same day. Get the Full Story Complete the form to...
Surging trading volumes — and for Coinbase, profits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...
Asian eCommerce major player Coupang has reported its first-ever quarterly earnings report Wednesday (May 12) as a public company. (Its IPO was about two months ago.) The result it got, however, wasn’t quite what the firm was looking for. Get the Full Story Complete the...
Accounts receivable automation technology provider Billtrust hit the ground running last March when it released its first quarterly and yearly earnings report as a public company. Founder and CEO Flint Lane and Chief Financial Officer Mark Shifke returned on Wednesday (May 12) to present Q1...
