Shares of drugstore retailer MedPlus Health Services made a decent start on the stock market on Thursday with the securities listed on ??1,040 per share on the NSE, a premium of more than 30% compared to its IPO issue price of ??796 each. On BSE, MedPlus shares started trading on …
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Fledgling electric truck maker Nikola has agreed to pay $ 125 million to settle an investigation into allegations the company and its founder defrauded investors by making misleading statements about its products and technology, authorities said on Tuesday. securities regulation. Nikola settles the case, with the Securities and Exchange Commission, …
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To further secure its supply chain, Zegna has partnered with Prada this year to each buy 40% of Italian cashmere producer Filati Biagioli Modesto, and Mr Zegna said Zegna could use the proceeds from the IPO. to invest more in Italian textile manufacturing. The coronavirus pandemic: what you need to …
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Zerodha CEO Nithin Kamath, known for his educational commentary on stock markets and trading on social media platforms, on Saturday expressed fears about the sharp drop in the stock prices of new-age tech companies listed in the world. According to Kamath, only a small percentage of tech companies have been …
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A sharp drop in shares of tech companies pushed major U.S. stock indexes lower, continuing a turbulent period for some of the largest companies in the market. The S&P 500 lost 41.18 points, or 0.9%, to 4,668.67 as losses accelerated late in the afternoon. The broad stock gauge has now …
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Shares of Expleo Solutions hit a new high of Rs 1,746, after a 15% rally on BSE during Wednesday’s intra-day trading in an otherwise weak market. Over the past six weeks, the stock of the information technology (IT) consulting software company has risen 66%, compared to a 3.4% decline for …
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US equity futures showed moderate gains for major indices ahead of a busy week of central bank decisions in major economies. Futures for the S&P 500 rose 0.2% on Monday, after the benchmark gauge closed last week at its 67th high of 2021. Contracts for the Dow Jones Industrial Average, …
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Famous investor Cathie Wood has some stocks in her ETF Innovation ARK portfolio that took a hit in 2021. Popular investment manager gravitates towards innovative growth companies; hence the name ARK Innovation. Roku (NASDAQ: ROKU) and DraftKings (NASDAQ: DKNG) are two stocks in his portfolio that are both down more …
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BuzzFeed’s first week on the stock market turned from bad to worse on Thursday, when its stock lost nearly a quarter of its value. Her shares fell 23.6%, to close at $ 5.87, and at that price, they’re now down 31% from their closing position on Monday, when she debuted …
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I’m not a professional stock picker, but over the past decade my portfolio has beaten the stock market by a factor of three to one. Unlike Peter Lynch, who advocated investing in the makers of the products you love and who in my opinion stand out as one of the …
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