Tag Archives: Corporate Actions

Text size Cathie Wood focuses on high-growth stocks. Lauren Justice/Bloomberg High-profile fund manager Cathie Wood’s ARK Investment Management has increased holdings of e-commerce company Shopify and shed chip maker Nvidia , the group said in a statement. ARK snapped up about $35 million worth of Shopify shares. The stock has …

Shares of Bed Bath & Beyond Inc. BBBY, -4.66% sank 6.5% in afternoon trading Thursday, to put them on track for an eighth straight decline. The losing streak comes after the stock rocketed 92.1% on Feb. 6, even amid growing concerns the home goods retailer was nearing bankruptcy. The stock …

Alarmed by the retailer’s deteriorating finances, banks in January had cut off their credit lines and pushed for the company to start a liquidation, including selling off inventory, to repay their loans, said people familiar with the matter. Ms. Gove, Bed Bath & Beyond’s chief executive, and her team sought …

Text size Fastly’s sales outlook for the first quarter and full year was higher than Wall Street estimates. Dreamstime Fastly was surging Thursday as analysts upgraded the cloud computing company’s stock to Buy following solid quarterly results and a promising sales outlook. D.A. Davidson analyst Rudy Kessinger upgraded shares of …

In basketball, a double-double is a combination of at least 10 or more of the following in a game: points scored, rebounds, assists, blocked shots or steals. For dividend stocks, you might find a screen of double-doubles below to be fascinating. The screen of the S&P 500 SPX, -0.54% highlights …