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35 Stocks Moving In Wednesday's Mid-Day Session
Wednesday, December 8, 2021 - 1:00pm | 1345Read More...Gainers Insignia Systems, Inc. (NASDAQ: ISIG) shares jumped 79% to $18.63. Insignia Systems recently announced the commencement of a formal process to explore strategic options to maximize shareholder value, including potential merger or acquisition. CooTek (Cayman) Inc. (NYSE: CTK) rose 17.8% to...
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Mid-Morning Market Update: Markets Mixed; United Natural Foods Beats Q1 Views
Wednesday, December 8, 2021 - 11:16am | 761Read More...Following the market opening Wednesday, the Dow traded up 0.10% to 35,754.05 while the NASDAQ fell 0.09% to 15,672.72. The S&P also rose, gaining 0.06% to 4,689.49. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 50,270,130 cases with around...
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Why Did Lightspeed Commerce Shares Plunge Today?
Wednesday, September 29, 2021 - 5:20pm | 260Read More...Spruce Point Capital Management conducted a "forensic financial and accounting review" on Lightspeed Commerce Inc (NYSE: LSPD). Spruce believes Lightspeed is a "cash degenerative" North American roll-up of point-of-sale commerce solutions that has "...
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Why Oatly's Stock Is Trading Lower Wednesday
Wednesday, August 11, 2021 - 3:34pm | 188Read More...Oatly Group (NASDAQ: OTLY) shares are trading lower by 8.8% at $17.37 after Spruce Point Capital issued further bearish commentary on the stock: Among a series of tweets aimed at Oatly, Spruce Point's Twitter noted Wednesday: "Things that make you go...hmmm #OATLY $OTLY will report...
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Genius Sports And DraftKings Announce NFL Sports Betting Partnership: What Investors Should Know
Thursday, August 5, 2021 - 1:00pm | 669Read More...Two companies that went public via SPAC in the sports betting sector announced a partnership ahead of the upcoming National Football League season. What Happened: Draftkings Inc (NASDAQ: DKNG) and Genius Sports (NYSE: GENI) announced a multi-year sports data supplier agreement. Under the terms...
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Why Shares Of Oatly Group Are Trading Lower Again On Thursday
Thursday, July 15, 2021 - 1:00pm | 135Read More...Oatly (NASDAQ: OTLY) shares are trading lower on continued weakness after Spruce Point Capital on Wednesday issued a bearish report on the company. Spruce Point accused the company of revenue and gross margin overstatement. An Oatly spokesperson on Wednesday told Benzinga the company rejects all...
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Short Seller Accuses Oat Milk Producer Oatly Of Falsifying Revenue, Greenwashing
Wednesday, July 14, 2021 - 2:31pm | 263Read More...What Happened: Short-selling asset management firm Spruce Point Capital Management has accused Oatly Group (NASDAQ: OTLY) of falsifying its revenue and margins alongside greenwashing investors. An Oatly spokesperson said of the Spruce Point Report that “Oatly rejects all these false...
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44 Biggest Movers From Yesterday
Friday, April 23, 2021 - 5:19am | 1549Read More...Gainers KnowBe4, Inc. (NASDAQ: KNBE) shares jumped 50.9% to close at $24.14 on Thursday after the company priced its IPO at $16 per share. Neuropace, Inc. (NASDAQ: NPCE) shares surged 46.8% to settle at $24.96 after pricing its IPO at $17 per share. Ocugen, Inc. (NASDAQ: OCGN) gained 42.9% to...
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30 Stocks Moving In Thursday's Mid-Day Session
Thursday, April 22, 2021 - 12:06pm | 1042Read More...Gainers Teradata Corporation (NYSE: TDC) shares jumped 28.6% to $51.29 after the company raised its Q1 earnings guidance. SeaChange International, Inc. (NYSE: SEAC) gained 19.6% to $1.2317. The company’s Executive Chairman Robert Pons reported purchase of 100,000 shares at an average price...
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Sunnova Energy Ticks Lower As Short Seller Calls For 80% Downside
Tuesday, September 29, 2020 - 11:30am | 431Read More...Sunnova Energy International Inc (NYSE: NOVA) shares are moving to the downside after Spruce Point Capital issued a short report. Solar Industry Trends Prove Headwinds: The solar industry is shifting from third-party ownership such as leases and PPAs to 100% customer ownership, according to Spruce...
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Fintech Focus For August 24, 2020
Sunday, August 23, 2020 - 12:13am | 2395Read More...Quote Of The Day: Don't judge each day by the harvest you reap but by the seeds that you plant. - Robert Louis Stevenson Fintech Movers: A group of Congressional lawmakers have sent a letter to the Internal Revenue Service (IRS) that urges the U.S. tax agency to write policy that does not...
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Morning Market Stats in 5 Minutes
Tuesday, August 18, 2020 - 9:49am | 681Read More...Movers Indices • S&P 500 ETF (NYSE:SPY) rose 0.13% to $338.35. • Nasdaq ETF (NASDAQ:QQQ) rose 0.40% to $276.42. • Dow Jones Industrial Average ETF (NYSE:DIA) remained unchanged at at $278.93. • FTSE/Xinhua China 25 ETF (NYSE:FXI) increased 0.57% to $44.10. • FTSE Europe...
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Axler's Armageddon? Not! XPO Shares Flourish A Year After Thrashing
Monday, December 16, 2019 - 10:24am | 1217Read More...On Dec. 13, 2018, short-selling firm Spruce Point Capital Management LLC took XPO Logistics Inc. (NYSE: XPO) to the woodshed in one of the harshest attacks ever directed at a publicly traded transportation and logistics company. XPO, Spruce Point wrote in a 69-page report, relies on asset sales,...
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50 Biggest Movers From Yesterday
Thursday, October 10, 2019 - 5:17am | 1615Read More...Gainers Ocugen, Inc. (NASDAQ: OCGN) shares surged 34.4% to close at $1.72 on Wednesday after the company reported a $2 million buyback. Navios Maritime Holdings Inc. (NYSE: NM) gained 20.4% to close at $5.50. Sundial Growers Inc. (NASDAQ: SNDL) jumped 18.6% to close at $5.22. Five Prime...
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28 Stocks Moving In Wednesday's Mid-Day Session
Wednesday, October 9, 2019 - 12:56pm | 1002Read More...Gainers ProQR Therapeutics N.V. (NASDAQ: PRQR) shares jumped 19.4% to $7.09. Five Prime Therapeutics, Inc. (NASDAQ: FPRX) shares rose 15.7% to $4.27. Ocugen, Inc. (NASDAQ: OCGN) shares climbed 14.1% to $1.46 after the company reported a $2 million buyback. Advaxis, Inc. (NASDAQ: ADXS) gained 12.6...
