Analysts Cut Price Target On MEI Pharma As Stock Falls To 52-Week Low After Zandelisib Update

  • Motley Fool

    Why Upstart Holdings Plummeted by 17% This Week

    Upstart Holdings (NASDAQ: UPST) was anything but up in the Monday to Friday span, with its stock tumbling by more than 17%, according to data compiled by S&P Global Market Intelligence. On Tuesday, analyst David Chiaverini downgraded his recommendation on Upstart stock to underperform (read: sell) from his previous neutral. Specifically, Chiaverini’s main issue with the fintech is its dependence on third-party funding.

  • Bloomberg

    China Sees ‘Unprecedented’ Capital Outflow Since War, IIF Says

    (Bloomberg) — China has seen investors pull money out of the country on an “unprecedented” scale since Russia invaded Ukraine in late February, marking a “very unusual” shift in global capital flows in emerging markets, according to the Institute of International Finance.Most Read from BloombergPutin Adviser Chubais Quits Over Ukraine War, Leaves RussiaChina Plane Crash Update: Searchers Identify Parts of WreckageRussia Central Banker Wanted Out Over Ukraine, Putin Said NoWall Street Is Scrambl

  • Simply Wall St.

    Decriminalization Buzz is Moving Tilray (NASDAQ:TLRY), but The Company may have some Significant Issues

    Hopes on cannabis decriminalization have rallied the market for companies like Tilray Brands (NASDAQ:TLRY), which gained 14% on the news. This comes after news that the U.S. House is cooking up the “Marijuana Opportunity Reinvestment” bill, which also needs to pass in the Senate in order to be successful. A similar bill in 2020 failed in the Senate, however this time the Senate is controlled by the Democrats that support the bill.

  • Motley Fool

    Why Nvidia Stock Dropped on Friday

    Nvidia (NASDAQ: NVDA) stock was one of the strongest performers out of a group of many strong performing semiconductor stocks Thursday — and for good reason. Of course, that still leaves the question why Nvidia stock is down 2.8% as of noon ET today. The good news today is that Bank of America just released a note describing a new investing acronym for investors: “MANGO,” which appears to be short for the semiconductor stocks Marvell Technology, Advanced Micro Devices, Nvidia, GlobalFoundries, and ON Semiconductor.

  • Barrons.com

    GameStop Stock Has Been on a Tear. Now We Know Why.

    GameStop stock has been on an absolute tear over the past seven days—and now we know why. Chairman Ryan Cohen snapped up 100,000 more shares in the meme stock, according to a regulatory filing late Tuesday, taking his holding up to 11.9%. The purchase was made through Cohen’s RC Ventures LLC Vehicle and takes his holding up to 9,101,000 shares.

  • Motley Fool

    Why StoneCo Plummeted Today

    Shares of Brazilian fintech StoneCo (NASDAQ: STNE) were down big in Friday trading, with shares off by 12.8% as of 1:46 p.m. ET. While many other growth stocks were hurting today as investors took near-term profits and long-term interest rates rose, StoneCo announced a fairly large shake-up of its board of directors that will see one of the company’s co-founders leave. On Thursday evening, StoneCo announced the retirement of three longtime board members and the appointment of two new members.

  • TipRanks

    3 “Strong Buy” Stocks Showing Strong Insider Interest

    For investors seeking a clear market signal, the last few weeks have been frustrating at best. So far this year, the main stock indexes are down – the S&P 500 has fallen just over 7%, while the NASDAQ is still in correction territory, with a 12% year-to-date loss. However, the market bounced back starting last week. We saw a week of solid gains that saw stocks make a strong rebound from their low points. The result: for the month of March, the S&P is up 3.9%, while the NASDAQ has gained 3.3%. Th

 » Read More  » Read More

Tags: No tags

Comments are closed.