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Poshmark Begins Trading, Soaring Over 130%

Rebecca Urena01/14/2021

2521

Poshmark (NASDAQ: POSH), online clothing reseller, made its market debut Thursday, with shares jumping over 130%. The stock opened at USD97.50 and reached a high of USD104.98. On Wednesday,...

Investing News Market News Retail The Market Buzz

Petco IPO Surpasses Target Range

Rebecca Urena01/14/2021

3006

Petco Health and Wellness (NASDAQ: WOOF) CEO Ron Coughlin said the company is destined to grow through the ongoing global pandemic and subsequent pet boom. The company officially started...

Investing News Market News Retail The Market Buzz

Shake Shack Surges Amid Sales Increase

Rebecca Urena01/12/202101/12/2021

3368

Shake Shack (NYSE: SHAK) shares went up 6% on Tuesday after the company revealed an increase in its fourth quarter revenue. The positive news comes amid several months of...

Investing News Market News Retail The Market Buzz

Starbucks Promotes Rachel Ruggeri to CFO

Rebecca Urena01/07/2021

2075

Starbucks (NASDAQ: SBUX) revealed Thursday that Rachel Ruggeri, senior vice president of finance for the Americas division, will become Chief Financial Officer after the current CFO, Pat Grismer, retires...

Automotive Investing News Market News Technology The Market Buzz

Ford’s Sales Plummet 15.6% in 2020

Rebecca Urena01/06/202101/06/2021

3076

Ford Motor (NYSE: F) sales plunged 15.6% in 2020 as a consequence of the ongoing coronavirus pandemic, lack of commercial fleet sales as well as small inventory of the...

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Peloton Shares Rise Amid $420 Million Acquisition of Precor

Rebecca Urena12/22/2020

2910

Peloton Interactive Inc. (NASDAQ: PTON) is in the process of buying fitness equipment company Precor for USD420 Million as a means to acquire manufacturing capabilities and new growth opportunities....

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Robinhood Charged $65 Million by SEC

Rebecca Urena12/17/2020

2493

Robinhood, an American financial services company, was charged by the Securities and Exchange Commission on Thursday for alleged misleading information on how its app makes money as well as...

Entertainment Investing News Market News The Market Buzz

AMC on the Brink of Bankruptcy

Rebecca Urena12/16/2020

2904

AMC Entertainment (NYSE: AMC) shares have continued to drop amid risk of bankruptcy, however analysts say the company could benefit from the action. The world’s largest movie theater chain...

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Virgin Galactic Shares Fall Over 15% After Failed Spaceflight Test

Rebecca Urena12/14/2020

2786

Virgin Galactic (NYSE: SPCE), an American spaceflight company, stock plummeted 15% Monday following its failed flight attempt on Saturday. The flight was set to reach outer space, however due...

Investing News Market News Retail The Market Buzz

Lululemon Reports Positive Q3 Earnings

Rebecca Urena12/11/202012/11/2020

3338

Lululemon (NASDAQ: LULU) reported better than expected third quarter earnings with sales of USD1.1 Billion, a 22% increase compared to the previous year. Due to strong e-commerce sales throughout...

Tag: StockMarketNews

Poshmark Begins Trading, Soaring Over 130%

Petco IPO Surpasses Target Range

Shake Shack Surges Amid Sales Increase

Starbucks Promotes Rachel Ruggeri to CFO

Ford’s Sales Plummet 15.6% in 2020

Peloton Shares Rise Amid $420 Million Acquisition of Precor

Robinhood Charged $65 Million by SEC

AMC on the Brink of Bankruptcy

Virgin Galactic Shares Fall Over 15% After Failed Spaceflight Test

Lululemon Reports Positive Q3 Earnings

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