![]() ![]() Company CFO Andrew Ahlborn recently sold $62,000 worth of shares at $13.80 a share, the largest share sale in the last 12 months. RC shares are down by 6.5% in the last one month. Ready Capital (RC), founded in 2011, is a New York-based real estate finance company that deals with loans for small to medium real estate-related firms.Īnalysts at financial news site TheStreet recently upgraded their RC stock rating from ‘c’ to ‘b-’, while JMP Securities lowered its price target from $18 to $16 with a rating of ‘outperform’. They could also be used for raising capital in the future. The shares are intended as dividends and will have the same voting rights as the company’s common stock. The cinema operator’s main listing on the New York Stock Exchange (NYSE) has plunged nearly 70% since primary rival Cineworld said it would file for bankruptcy in the US on 16 August.ĪMC shares also fell after the launch of a new class of ‘preferred shares’ under the ticket ‘ APE’. Several equity research teams, including Piper Sandler, have lowered their NVDA price targets and ratings. Investors received this announcement negatively, as shares fell 7% following the news. Then on 1 September, US officials told Nvidia to halt the exportation of artificial intelligence chips to China. The semiconductor company’s stock price has fallen by a quarter since its latest results fell below industry expectations.ĬFO Colette Kress explained that ‘macroeconomic headwinds’ and ‘challenging market condition’ led to a ‘sudden slowdown in consumer demand’ for the company’s gaming products. They reiterated a ‘buy’ call and price target of $333.33. Goldman Sachs analysts wrote that Tesla’s leadership position in EVs, and focus on clean transportation, places it in a great position to capitalise on its long-term shift to EVs. Still, the stock is up 12% in the last three months, compared to the S&P 500’s decline of 5%. The electric vehicle (EV) maker’s stock has been struggling to find upward momentum since it posted its results for Q2 2022 in late July. GameStop saw sales drop from $1.18 billion in the second quarter (Q2) of 2021 to $1.14 billion during the same period this year. The mother of the meme stock frenzy had an eight-day losing streak at the end of August, matching the one in January this year. ![]() Shares are down over 40% in the last one month. GME is still one of the most talked-about meme stocks today, as investors continue to favour short selling it. The stock crashed by 18% on 6 September, after the sudden death of its Chief Financial Officer (CFO), Gustavo Arnal. The home and lifestyle company’s stock first started to experience a surge in mid-August 2022, after users on r/wallstreetbets started discussing the stock more frequently.īeing one of the most heavily shorted Wall Street stocks, its share price kept climbing until it hit $25 a share on 17 August, double of what it was trading at just a week prior. ![]()
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