Elon Musk, CEO of Tesla and SpaceX, has purchased a 9% stake in Twitter Inc., sending the mini-blogging social media’s stock to $49.34 per share in premarket trading, a 26% rise, The Wall Street Journal reported Monday (April 4). Get the Full Story Complete the...
Video game retailer GameStop Corp.’s shares are up 12% early Wednesday (March 23) after surging more than 30% Tuesday, in part because Chairman Ryan Cohen said he had purchased 100,000 shares of the company’s stock Tuesday (March 22). Get the Full Story Complete the form to...
Germany’s Delivery Hero fell more than 31% — its largest decline ever — after the food delivery service published projections for the year that were seen as underwhelming. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The London Stock Exchange (LSE) wants to draw big-growth tech firms to the U.K. as Brexit has seen the dust settling, according to a report Saturday (Jan. 15) from The Wall Street Journal. Get the Full Story Complete the form to unlock this article and...
Visa, Mastercard and other payments stocks were on the decline on Tuesday (Nov. 23) amid a spike in COVID-19 cases in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
After Just Eat Takeaway CEO Jitse Groen said he has no plans to sell Grubhub, the company’s stocks fell 2.6%, Seeking Alpha reported Wednesday (Nov. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Peloton saw its shares fall Tuesday (Nov. 2) possibly because of Apple’s new design patent for a fitness app, Seeking Alpha reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The parade of direct-to-consumer (D2C) listings continues. And while the consumers of D2C are staunchly loyal to the brands and the “lifestyles” that go along with them, one wonders if Wall Street will be as stalwart. Get the Full Story Complete the form to unlock...
Ride-hailing giant Didi could face hefty fines from Chinese regulators as well as possible delisting from the New York Stock Exchange (NYSE), CNBC reported on Thursday (July 21), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
