Rivian stock is trading terribly. Wall Street thinks it’s time for an activist.
by text size Wall Street is not happy with the recent performance of Rivian or Rivian stock. Justin Sullivan/Getty Images Rivian Automotive the stock is trading …
Tag: stock price movement
GameStop shares soar with surprise profit. The short grip begins.
GameStop shares rose in late trading on Tuesday after the video game retailer posted a strong quarter. Jim Watson/AFP via Getty Images text size GameStop …
The First Republic may not need US help. This will not protect shareholders.
text size First Republic shares closed down 47% in Monday’s trade. Stocks are down more than 90% so far in March. Eric Thayer/Bloomberg shares of …
First Republic shares tumble after bank rescue plan, dividend suspension
Friday’s drop reflects concerns that the big bank’s bailout deal has not fully resolved the problems of the First Republic, which also suspended its dividend …
Apple and other big tech stocks make gains despite bank explosions. Here’s why.
text size Apple and other big companies have seen their shares rise despite concerns from the banking sector. Pau Barrena/AFP via Getty Images Financial SVB …
Adobe Results and Outlook Lead Street Views as ‘Mission Critical’ Software Tops Spending Priorities
The shares of Adobe Inc. rose in Wednesday’s extended session after the software company beat Wall Street’s expectations for the quarter and boosted its outlook, …
Lumen shares follow record annual decline with another sharp drop this year
Lumen Technologies Inc. is not exactly in the best company among the S&P 500 laggards this year. Of the eight worst-performing names on the index …
First Republic leads in fall in bank shares despite emergency measures
First Republic Bank FRC stock -61.83% fell on Monday and shares of major US regional banks suffered their biggest decline in three years, despite efforts …
KBW recommends buying these 11 financial stocks, including First Republic, following federal support for banks
On the Monday following high-profile bank failures on Friday and Sunday, it might seem like an odd time to recommend buying shares in banks and …
SVB Financial realigns the portfolio – and explodes the banking sector
SVB Financial Group shares plummeted on Thursday after selling assets at a loss following a drop in deposits. The impact rippled through the banking sector, …