Topline U.S. stocks plunged in early Wednesday trading as concerns about the health of the global banking industry continued to weigh on the market, with one high-profile Wall Street bigwig cautioning...
Tag: Plunges
Credit Suisse Stock Plunges To Record Low As Bank Concerns Grow
Topline Trading in Credit Suisse shares was halted as they fell as much as 21% on Wednesday, compounding nearly a week of consecutive losses and hitting a new all-time low as the Swiss bank struggles ...
GitLab Stock Plunges 30%. Revenue Growth Set to Slow Despite Price Hikes.
GitLab stock plunged close to 30% early Tuesday after the DevOps software issued a weaker-than-expected revenue forecast. The company (ticker: GLTB) said it expects fiscal year 2024 revenue of $529 mi...
First Horizon Plunges 38% Below TD Bid in Regional Bank Nightmare
(Bloomberg) — First Horizon Corp. fell by the most since September 2008 as the crisis in regional banks cast doubt on whether Toronto-Dominion Bank will follow through with its planned $13.4 bil...
DAX index slips as Deutsche Bank, Porsche stocks plunges
European indices crashed hard on Monday as concerns about the financial market continued. The DAX index, plunged by more than 2.2% to a low of €15,067, the lowest level since January 31st. It has cras...
South African Rand Plunges to New 2023 Low Versus the US Dollar – Africa Bitcoin News
Just a few weeks after tapping its best exchange rate versus the greenback in 2023, the South African rand fell to a new 2023 low of 18.636 local currency units for every dollar on March 7. South Afri...
Dow Plunges Nearly 1,500 Points In Worst Week Since June As Bank Stocks Collapse
Topline Major indexes fell on Friday as bank stocks struggled following the sudden collapse of one of Silicon Valley’s biggest lenders, which launched a failed bid to help shore up cash during t...
Banks halted on exchanges, while 2-year treasury yield plunges
Quick Take Signature bank halted after dropping a record 22%, while 30% down in the past five days. Other banks have been halted, including First Republic and SIVB. SIVB is down 60%; these three banks...
Silicon Valley Bank plunges 60% before halt, Signature trading stopped shortly after open
Markets • March 10, 2023, 9:56AM EST Trading in Silicon Valley Bank is halted for pending news, but not before after shares plunged 63% in pre-market trading. Signature Bank was halted for volatility ...
Huobi Token Plunges 90% In Minutes, Sparks Insolvency Rumors
Huobi Token (HT) has emerged at the center of insolvency rumors following a shocking performance on Thursday. Following the plunge in the general crypto market, Huobi Token took it a step further with...
Dow Plunges Over 500 Points As Bank Stocks Collapse
Topline Major stock indexes fell on Thursday as shares of banks across the nation collapsed following a stark warning from one of Silicon Valley’s biggest lenders, which said it hopes to raise b...
DOT coin price analysis: Coin price plunges to the demand zone
The price activity indicates that the crucial demand level is being traded at for the DOT coin price. The price of coins is currently settling. On a daily time frame, the coin price is developing a re...
Solana Price Analysis & Prediction (Mar 8th) – SOL Plunges to Support, Will Price Make or Break This Lower Range?
Solana (SOL) Solana remained in a range bound following a temporal hold above two-week support. The price is still within the bulls’ radar. A sharp nosedive at this support should trigger a big down s...
United Natural Foods Stock Plunges After Slashing Profit Guidance
United Natural Foods stock plunged more than 23% early Wednesday as the food distributor slashed its profit outlook for 2023 and withdrew long-term financial targets. The company (Ticker: UNFI), which...
Bond-market recession gauge plunges to triple digits below zero on way to fresh four-decade milestone
One of the bond market’s most reliable gauges of impending U.S. recessions plunged further below zero into triple-digit negative territory on Tuesday after Federal Reserve Chairman Jerome Powell point...
Shiba Inu (SHIB) Counterpart SHIKOKU Plunges 96% as Vitalik Buterin Sells 5 Trillion SHIK
Arman Shirinyan Vitalik Buterin’s selling spree that included SHIK, ETH, MOPS and CULT leads to catastrophe on some assets Vitalik Buterin, the co-founder of Ethereum, has once again caused a st...
BLUR plunges 99% from its all-time high, here’s why
What’s going on with Blur and why it’s native token plunged? This article covers everything you need to know about BLUR’s market positioning, price action, and much more. The non-fungible token (NFT) ...
BUSD Active Address Plunges By 60% Following Regulatory Crackdown
Binance USD (BUSD) has suffered a steep decline in active addresses following the regulatory crackdown by U.S. authorities. This development continues a series of dips within the Binance ecosystem in ...
Billionaire Ken Griffin hit as Silvergate stock price plunges
It is tough being a crypto-focused bank. Silvergate (NYSE: SI) stock price plunged to a historic low as concerns about the bank continued. The shares ended the day at $13.5 on Wednesday and then crash...
Crypto Bank Silvergate Plunges After It Says Examining Viability, Delays Annual Report
(Bloomberg) — Cryptocurrency-friendly bank Silvergate Capital Corp. is studying whether it’s still viable and reviewing its financial controls, following the collapse of Sam Bankman-Fried’s FTX....
Bed Bath & Beyond stock plunges more than 50% in February, the second-worst monthly performance in its history
Shares of Bed Bath & Beyond Inc. BBBY shed 5.7% in afternoon trading Tuesday, putting them on track to suffer the biggest monthly decline in nearly three years, or well before the “meme”-stock roc...
LaunchZone (LZ) price plunges 82% after a $700K exploit
Little-known BNB Chain-based decentralized finance (DeFi) protocol LaunchZone has been exploited and $700,000 worth of funds stolen. The news has sent the protocol’s native token, LZ, plunging by more...
BTC Plunges: Will It Break Below $23K In The Next Few Days?
The crypto market is in the red today following the release of strong US inflation and spending data. BTC is currently worth about $23,121.92 after a 3.05% drop in price. At the moment, the crucial le...
100 Polygon Staffs Laid Off As MATIC Plunges 15% ⋆ ZyCrypto
Advertisement     Polygon announced on Tuesday that it would be cutting down 20% of its workforce as part of efforts towards unifying its diversified businesses under ...
Concerns Over Chinese ‘Price War’ Sees Alibaba Stock Plunges Despite Major Earnings Beat
Alibaba, founded by Jack Ma, is the biggest e-business company in China. Getty Key Takeaways Alibaba has announced a major earnings beat, with net income rising 69% compared to the same time last year...
What is Man United share price plunges 12%, will sale go ahead?? | Definition & Examples
I put together a (very long!) deep dive last September into the controversial ownership of Manchester United, a football club I have hated for as long as I can remember. But partisan divides apart, I...
Domino’s Plunges Most on Record as Customers Shun Price Hikes
(Bloomberg) — Shares of Domino’s Pizza Enterprises Ltd. plummeted the most on record in Sydney after the pizza chain operator said its first-half earnings fell as customers spurned price increas...
ZigZag Price Skyrockets since Last Week and Plunges since Yesterday — Where Is the Price Headed?
Join Our Telegram channel to stay up to date on breaking news coverage ZigZag recently rose to immense fame as a decentralized trading platform built with simplicity, reliability, security, and minima...
Speculation Intensifies Hong Kong Opening Up to Crypto as China FDI Plunges – Trustnodes
Interactive Brokers, one of the biggest stock trading platform, is launching bitcoin and eth trading in Hong Kong. “Investor demand for digital assets continues to grow in Hong Kong and around the wor...
Dow Jones Dives 400 Points On Hot Inflation Data; Shopify Plunges On Earnings
The Dow Jones Industrial Average sold off as much as 411 points Thursday morning after hotter-than-expected wholesale inflation data, as well as a surprise drop in weekly jobless claims. Shopify (SHOP...