Tag Archives: Pops

Tesla stock pops as worst case scenario fears subside

Tesla stock pops as worst case scenario fears subside

Tesla CEO Elon Musk sounded sleepy on the EV maker’s earnings call late Wednesday. That’s not surprising given the time needed to try to reduce debt at Twitter, appear in court, study rocket designs, and stay up late the day before the call with the Tesla AI team. Musk did his best to sound enthusiastic about Tesla’s business as he warned of a “severe” recession this year — doubling down on his recent downbeat economic rhetoric — before announcing a delay in the timeline of Cybertruck… Source link

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Bed Bath & Beyond stock pops on no news as potential bankruptcy looms

Bed Bath & Beyond stock pops on no news as potential bankruptcy looms

Bed Bath & Beyond hasn’t filed for bankruptcy (yet), which looks to be keeping hopes alive among the few remaining bulls on the stock. Shares of the near-death retailer shot up as much as 75% in pre-market trading on Monday before giving back some of its gains to be up about 40% as of around 6:00 AM ET. The speculative move in the stock comes ahead of Bed Bath & Beyond’s highly-anticipated earnings on Tuesday. Chatter has been the company would declare bankruptcy prior to its earnings… Source link

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Tesla stock pops on Musk’s Twitter ‘step down’ poll

Tesla stock pops on Musk’s Twitter ‘step down’ poll

Tesla CEO Elon Musk has found a new way to jolt the electric carmaker’s bruised stock price: Tease that he’d step away from being Twitter’s CEO. “Should I step down as head of Twitter? I will abide by the results of this poll,” Musk tweeted to his 122.1 million followers on Sunday. As of early Monday, more than 57% of 16 million votes chose “Yes” and Tesla was up 4.5% in pre-market trading. The risk of operational miscues at Tesla has grown as Musk focuses on restructuring Twitter in highly… Source link

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Tesla stock pops on Musk’s Twitter ‘step down’ poll

Tesla stock pops on Musk’s Twitter ‘step down’ poll

Tesla CEO Elon Musk has found a new way to jolt the electric carmaker’s bruised stock price: Tease that he’d step away from being Twitter’s CEO. “Should I step down as head of Twitter? I will abide by the results of this poll,” Musk tweeted to his 122.1 million followers on Sunday. The poll closed on Monday morning, with 57.5% of the 17.5 million votes choosing “Yes” and Tesla was up nearly 5% in pre-market trading. The risk of operational miscues at Tesla has grown as Musk focuses on… Source link

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Krispy Kreme pops in 2nd IPO as CEO sees ‘transformed’ company

Krispy Kreme pops in 2nd IPO as CEO sees ‘transformed’ company

Krispy Kreme (DNUT) on Thursday began its second incarnation as a public company, listing on the Nasdaq under the ticker symbol “DNUT.”  Shares of the doughnut chain priced in at $17 on Wednesday, slightly below the expected range of $21 to $24. Yet the stock popped by nearly 10% in midday trading, after a lackluster debut at $16.30 per share. Analysts had initially seen Krispy Kreme’s valuation topping $3 billion, but the stock listing undermined some of the loftier estimates. Still, CEO… Source link

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Shopify stock pops after Google announces online shopping expansion

Shopify stock pops after Google announces online shopping expansion

Google CEO Sundar Pichai Google Google is deepening its partnership with Shopify by making it easier for the company’s 1.7 million merchants to reach shoppers in Google Search and across some of its other properties. The move comes as Google and Shopify are ramping up their efforts to compete against Amazon in e-commerce. Amazon is also increasingly competing with Google on search ads for commercial queries, which typically mean a consumer is actively considering a purchase, and is expected to… Source link

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Discovery Pops On Reports AT&T’s WarnerMedia May Merge With It

Discovery Pops On Reports AT&T’s WarnerMedia May Merge With It

Axios AT&T spins off WarnerMedia, forming new media behemoth with Discovery AT&T and Discovery have agreed to create a joint venture that would house WarnerMedia’s premium entertainment, sports and news assets with Discovery’s nonfiction and international entertainment and sports businesses, the companies announced Monday.Why it matters: It’s a major course correction by AT&T. The deal essentially confirms shareholder fears that the company’s $85 billion merger with Time Warner three years… Source link

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