ChargePoint stock comes under severe selling pressure as the company liquidates equity for another major fundraise.
Birkenstock shares did not maintain its debut price as it plunged on its first trading day despite growing popularity.
Following the earnings report, the shares of PepsiCo saw a price increase. Yesterday, PepsiCo stock closed the trading session at $161.36 per share. In the pre-market trade today, PepsiCo shares are 0.84% up, or at $162.71 per share.
The preliminary estimates for the third quarter revealed that Rivian has cash and cash equivalent of about $9.1 billion as of September 30.
GM stock has dropped about 49 percent from the 2021 ATH as the automaker struggles to make a deal with the UAW Union amid a possible recall of over 1 million vehicles for faulty airbags.
The updated vaccine specifically addresses the XBB.1.5 subvariant of the Omicron variant, which has raised concerns due to its potential to evade immunity conferred by earlier versions of the vaccine.
Analysts have warned that the rise in the bond yields could pose significant challenge to equity market and other risky investments like crypto.
JPMorgan Chase & Co. recently raised its Sphere Entertainment stock price target from $25 to $28 following the release of the entertainment company’s Q4 figures.
Birkenstock confidently moves ahead with its IPO plans despite mixed performances of other listings in September. Goldman Sachs, JPMorgan, and Morgan Stanley shall be the underwriters for the IPO.
The longstanding partnership between Microsoft and AMD has been a strategic alliance that has shaped the tech industry in various ways.
Concerns about higher interest rates can lead to reduced borrowing, higher financing costs, and a potential slowdown in economic activity.
Over the past three years, Costco has gained momentum, benefiting from trends such as increased home cooking, millennials moving into larger suburban homes, and inflation driving shoppers to seek value through memberships at warehouse clubs.
Shares of Instacart are currently struggling to keep up with the rise recorded in the company’s debut on the Nasdaq.
Klaviyo priced its IPO at $30 per share, offering 19.2 million shares to the public. This pricing valued the company at $9 billion on a fully diluted basis.
For Q2 2023 which ended on June 30, Pinterest reported revenue of $708 million and global monthly active users of about 465 million.