Tag Archives: Day

Shares of 23andMe (ME) rose 21% to close at $13.32 apiece in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.  The public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe’s outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded… Source link

Both organizers of a Memorial Day ceremony in Hudson, Ohio, have now resigned under pressure after they silenced a retired U.S. Army officer’s microphone while he was talking about how freed Black slaves honored fallen soldiers just after the Civil War. Video Transcript BARNARD KEMTER: 3,000 African-American schoolchildren singing the Union marching song, “John Brown’s Body.” They were carrying armfuls of flowers and went to decorate the graves. Interesting that there would be a tie back to… Source link

(Bloomberg) — AMC Entertainment Holdings Inc. rose for a second day and Wendy’s Co., the latest addition to the retail-trader frenzy, climbed to a record amid a broader rally in meme stocks. Shares of the theater chain rose as much as 10%, adding to Monday’s 15% gain and continuing what’s been a wild ride for investors. Wendy’s jumped as much as 19% to notch a record as the fast-food restaurant operator gained traction on social media, including several touts on Reddit’s… Source link

Hat tip to you, Bank of America analyst Curtis Nagle for adhering to some very basic principles of investing, which still matter even though meme stock traders couldn’t care less about valuation methodologies, free cash flow outlooks or margin structures.  After seeing Bed Bath & Beyond (BBY) shares explode 62% on June 2, Nagle said in a research note on Friday that it’s time for him step back from the volatile stock.  “This [move in the stock] comes in the context of no significant updates… Source link

Today is Memorial Day in the United States and to honor the day, Google, Yahoo, and Microsoft Bing all have special logos or themes on their home page. Google also has a special inside page for its search results with an animated top right section with American flags in the grassy hills. Google has historically done nothing for the day, but in 2019 Google went with a grayed out logo and flag theme. They did the same thing this year. Here is what the Google home page looks like today,… Source link

The Independent ‘Shame on the Republican party’: GOP senators block Capitol riot commission Senate Republicans have blocked a bipartisan commission to investigate the Capitol insurrection, hoping to crush a probe into the violent assault before critical 2022 elections while GOP lawmakers manipulate a narrative around a riot inspired by persistent election myths. Despite a last-minute lobbying effort from US Capitol Police officers and the family of an officer who died after the attack,… Source link

Last year, the U.S. reported 1,288 COVID-19 deaths on the Friday before Memorial Day weekend. Over 46,000 Americans were hospitalized because of the virus. And more than 5 percent of tests were still coming back positive, foreshadowing a huge summer surge. At the time, a full 70 percent of Americans said they were either “very worried” or “somewhat worried” about COVID-19. Just 30 percent said they were “not very worried” or “not worried at all.” Exactly one year later, as… Source link

The Google logo is seen on on the company’s European headquarters in Dublin, Ireland, February 27, 2021. REUTERS/Clodagh Kilcoyne Russia’s communications watchdog on Monday gave Google (GOOGL.O) 24 hours to delete what it called prohibited content or be fined and said Moscow could eventually slow down the company’s traffic in the country. Russia has already placed a punitive slowdown on U.S. social network Twitter (TWTR.N) for not deleting banned content, part of a push by Moscow to rein in… Source link

Stock futures opened little changed Thursday evening after a surge during the regular trading day, which saw the major U.S. equity indexes recover some losses after three straight days of declines.  Contracts on the Dow edged higher after the index posted its best single-session gain since March. Contracts on the S&P 500 and Nasdaq were little changed after advancing strongly earlier.  Shares of Disney (DIS) slid after the company posted quarterly revenue that missed estimates, with… Source link

The Telegraph The glitzy, TikTok-ready Vax Live let the message – and Prince Harry – outshine the music The Vax Live charity extravaganza staged at the SoFi stadium in Los Angeles had one thing going for it that no large-scale concert has enjoyed for over a year: an actual audience. There was, admittedly, plenty of elbow room, with 27,000 masked and fully vaccinated key workers assembled in a space for 100,000. But the performers certainly seemed pleased not to be playing into the usual… Source link