Markets

Markets
Robinhood Outage Triggers Lawsuit Threat By Angry Users
March 04, 2020

After being down for a full day of trading on Monday (March 2), the Robinhood stock trading app restored service on Tuesday and emailed customers an explanation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Markets
Trading App Robinhood Sees Large Outage
March 02, 2020

Robinhood, a trading app used frequently by younger traders, experienced a large outage on Monday (March 2), 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 content — no...

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Cashless Growth Pushes Visa, Mastercard Stock Up 50 Pct. In Past Year
January 31, 2020

Analysts believe that both Visa and Mastercard have potential to join tech giants like Apple and Amazon in the $1 trillion value club, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Markets
Tech Gains Boost Nasdaq To Record High
December 26, 2019

In an historic day, fueled by gains in tech shares, the Nasdaq Composite Index moved past 9,000 for the first time, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Markets
Citi Analyst: Reg Compliance Could Cut Quarter Of Facebook Stock Value
December 04, 2019

With a warning that regulatory risks could take away over a quarter of Facebook’s stock value, analyst Jason Bazinet noted that the social media firm “likely” encounters three threats in the long term from the U.S. government. Citigroup had moved coverage of Facebook to Bazinet,...

Markets
NYSE Lobbies To Allow Fundraising With Direct Listings
November 27, 2019

The New York Stock Exchange (NYSE) wants to amend rules so that companies can go public through a direct listing, and raise capital from public market investors at the same time. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Markets
RH Shares Soar After Berkshire Hathaway Stake Revealed
November 15, 2019

A filing with the Securities and Exchange Commission revealed that Berkshire Hathaway now owns 1.2 million shares of furniture retailer RH, formerly known as Restoration Hardware. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Markets
The Lockup Unicorn Lockstep Of Uber And Post-IPO Peers
November 08, 2019

When it comes to lockups — look down. That’s the general trend of stocks after an initial public offering (IPO) when insiders are freed up to sell their shares. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Markets
WeWork Cash Crunch Holds Bankruptcy Threat Next Month
October 18, 2019

WeWork could run out of money by next month — despite the fact that it was valued at $47 billion just nine months ago, making it America’s highest-valued private firm at the time. Get the Full Story Complete the form to unlock this article and...