Uber shares closed 5 percent higher on Wednesday (June 5), trading above their initial public offering (IPO) price for the first time since their May 10 debut, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and...
Apple stock was affected negatively on Monday (June 3) by news that the Department of Justice (DOJ) is considering an investigation into the tech giant, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A Morgan Stanley analyst has cut the price target on Apple from $240 to $231 in a note to investors, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
With more expensive pork prices potentially placing pressure on margins, BMO Capital Markets downgraded Chipotle Mexican Grill’s stock. The company’s stock tumbled 6 percent to $667.12 on the news and some industry observers are predicting a bumpy ride in the future even with initiatives like...
Moody’s has lowered its rating outlook on Equifax due to cybersecurity issues. 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...
Shares in Chinese coffee company Luckin Coffee surged about 50 percent in the company’s debut on the Nasdaq on Friday (May 17), according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In the wake of what can only be termed a disappointment, Uber’s IPO may paint other companies that are newly public or aiming to come public with a broad, and decidedly negative, brush. Get the Full Story Complete the form to unlock this article and...
Call it a less than auspicious beginning. 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 agree...
Billionaire Warren Buffett’s firm Berkshire Hathaway has been purchasing shares in Amazon, and Buffett said he has underestimated Amazon founder Jeff Bezos, according to a report by Bloomberg. Berkshire is a $531 billion company with businesses ranging from Geico to Dairy Queen. Get the Full Story Complete the...
