VinFast stock roller coaster continues, drops $90B in market value
The Vietnamese EV startup building a $4 billion dollar plant in Chatham County has been a roller coaster since its stock debuted at $10 just over 2 weeks ago.
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stocks
This change could help keep the GameStop fiasco from happening again
Part of what made last month’s GameStop trading frenzy such a mess: Right as the stock was hitting its peak, Robinhood and other brokerages placed restrictions on traders’ ability to buy it (and other surging “meme” stocks like AMC).
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Wall Street adds more gains to last week’s rally; tech leads
The gains are being driven mostly by Big Tech stocks, whose businesses have proven to be practically impervious to the pandemic, rather than companies that would benefit from a strengthening economy.
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Stocks get a boost after Trump backtracks on rescue package
The S&P 500 was 1.7% higher in afternoon trading after Trump sent a series of tweets late Tuesday saying he’s open to sending out $1,200 payments to Americans, as well as limited programs to prop up the airline industry and small businesses.
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Stocks climb worldwide as CEOs prepare latest report cards
The S&P 500 was 0.7% higher after the first 15 minutes of trading, following up on bigger gains across Europe and Asia. Treasury yields also climbed, though some hesitance still hung over markets as the price of gold ticked higher. The Dow Jones Industrial Average was up 183 points, or 0.7%, at 26,258, as of 9:45 a.m. Eastern time, and the Nasdaq composite was up 1.4%.
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Bandwidth director Bailey continues to shed holdings
Brian D. Bailey, who joined the Bandwidth board of directors in 2013, has sold 210,364 shares of company stock through almost 80 individual transactions beginning in February.
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Netflix CEO Reed Hastings to receive nearly $30 million in stock options next year
According to a public filing issued Thursday, Hastings, who co-founded Netflix, is due to receive $28.7 million worth of stock options in 2018.
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BlackBerry’s turnaround is complete
BlackBerry stock surged 10 percent Wednesday after the Canadian tech company reported solid demand for its software.
Read MoreDurham pharma firm’s stock pops 23% in move to Nasdaq
Drug development company Fennec Pharmeuticals Inc. saw its stock price rise by more than 23 percent in its first day of trading on the Nasdaq. The company began trading Wednesday at $8.85 and closed at $10.90 per share. The specialty pharmaceutical company focuses on the development of Sodium Thiosulfate...
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