Netflix, Rivian Among Names Tiger Global Is Letting Go After Tech Rout
(FT) The total value of public stock holdings by Tiger Global fell by $20 billion at the end of the first quarter from the close of 2021 as the hedge…
Walmart Stock Crashes 6% as Q1 2023 Earnings Come Lower Than Expected
(Walmart) Shares of Walmart fell more than 6% on Tuesday after reporting adjusted earnings per share of $1.30 in the first quarter of FY23. The earnings were below forecasts of…
Paramount Stock Jumps 9% as Berkshire Discloses $2.6B Stake
(Deadline) Shares of Paramount Global rose more than 9% on Tuesday after a filling showed that Warren Buffet’s Berkshire Hathaway acquired a $2.6 billion stake. Berkshire acquired close to $69…
Home Depot Stock Surges after FY22 Guidance Beats Estimates
(Home Depot) Shares of Home Depot rose more than 4% in premarket on Tuesday after projecting higher comparable sales in FY22 as demand for home improvement continues. Home Depot said…
ContourGlobal Rises 33% After a Premium $2.16B B Deal by KKR
(Reuters) Shares of Contour Global rose by more than 33% in premarket on Tuesday after receiving an offer of $2.16 billion or 1.75 billion pounds from KKR. KKR is expected…
ManTech International Soars 15% on A Premium $4.2B Deal by Carlyle
(ManTech) Shares of ManTech International Corporation surged more than 15% on Monday after agreeing to be acquired by Carlyle in an all-cash transaction deal of $4.2 billion. Under the deal,…
DWAC Stock Soars on Merger Filing with Trump’s Truth Social
(SEC) Digital World Acquisition Corp., a blank check company, rose up to 6% on Monday after an official filing to merge with Donald Trump’s Truth Social. Once completed, the new…
Spirit Airlines Jump 17% as JetBlue Ups Offer, Files “Vote No” Proxy on Frontier
(JetBlue) Shares of Spirit Airlines surged more than 17% in premarket on Monday on the news that JetBlue increased its offer price to $30 per share. JetBlue said it was…
Wix Stock Falls 8% as Q1 2022 Loss Widens to $227 Million
(Wix) Shares of Wix.com Ltd. fell more than 8% in premarket on Monday after posting a GAAP net loss of $227.3 million in the first quarter of 2022. The loss…
Twitter Stock Crashes 18% as Elon Musk Says Buyout Deal Is on Hold
(Twitter) Shares of Twitter plunged 18% on Friday after Elon Musk said that the buyout deal will wait for more information regarding fake accounts on the social media platform. Through…
Affirm Stock Jumps 30% as Active Customers Grow by 137% in Q3 2022
(Affirm) Shares of Affirm Holdings rose more than 30% in premarket on Friday after reporting 12.7 million active consumers. The numbers represented an increase of 137% from the prior year.…
Robinhood Jump 30% as Sam Bankman-Fried Discloses 56.2M Share Stake
(SEC) Shares of Robinhood Markets rose more than 30% in pre-market on Friday before retreating after Sam Bankman-Fried disclosed a stake of 7.6% in the online brokerage firm. Crypto billionaire…
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