Why did LCID Stock Price Sank around 10% Amid $7500 EV Discount?

LCID Stock price has plummeted around 10% just after its announcement on providing the credit of $7500 on certain Electric Vehicles (EVs). LCID share price is about to slip below all of the 20, 50, 10...

Lyft Earnings Call Results — Why The Stock Sank After Delivering Good News

| Getty Images Key Takeaways Lyft’s stock price dropped despite announcing record revenue as investors continue to sell off companies that even slightly miss earnings. Lyft has announced that it will ...

Binance Denies UK MP’s Accusation It Deliberately Sank FTX

The Treasury Committee held a hearing on Monday to question officials from crypto companies in the aftermath of FTX’s collapse, and Daniel Tinder, Binance’s vice president of governmental ...

Ontario Teachers Fund Sank $95M in Failed FTX Empire

In Ontario, a teachers’ pension fund is swept up in the current crypto crisis following sizable investments in FTX over the past year. The Ontario Teachers’ Pension Plan Board, which oversees the fund...

The S&P 500 sank 5% in a very bad week for stocks. These 20 lost as much as 24%.

U.S. stocks sputtered Friday to close out the week in the red. The day’s declines of less than 1% for the broad indexes paled against Tuesday’s, when they sank 4% to 5%. For the week, the Dow Jones In...

Polygon (MATIC) Market Cap Sank More Than $3 Billion in May

MATIC was part of the digital assets that saw more than $3 billion wiped off their market value due to the plunge in the prices of cryptocurrencies during May’s market crash. MATIC, the native asset o...

ApeCoin Market Cap Sank More than $2.5 Billion in May

ApeCoin was among the hardest hit cryptocurrencies in May’s market crash and this led to a sharp decline in its market value. The asset is supported by one of the most successful NFT projects of all t...

Celsius Market Cap Sank $290 Million in May, Even Before Withdrawal Freezes

Celsius (CEL) was one of the hardest-hit cryptocurrencies in May’s market crash and continues to decline in June after a huge sell-off by whales. Celsius has come under scrutiny by market commentators...

Celsius Market Cap Sank $290 Million in May, Even Before Withdrawl Freezes

Celsius (CEL) was one of the hardest-hit cryptocurrencies in May’s market crash and continues to decline in June after a huge sell-off by whales. Celsius has come under scrutiny by market commentators...

Bored Ape Yacht Club (BAYC) Sale Prices Sank by 60% in May

Bored Ape Yacht Club took a backseat in value during the month of May after the NFTs saw a steep decline in their average sales price.  May proved to be a tough month for the entire crypto finance spa...

These Five Billionaires Fortunes Sank By $300 Billion

Five billionaires lost a total of $300 billion recently as their fortunes plummeted during the recent market downturn, according to the Bloomberg Billionaires Index, which is a daily ranking of the wo...

Bitcoin Sank 18% In April, While These New Tokens Beat The Market

Cryptocurrency markets saw a sharp consolidation in April, with several major tokens tumbling from 2022 highs. Total crypto market capitalization sank by nearly $400 billion. A bulk of this consolidat...

Ukrainian Missile Strike Sank Russian Warship Moskva, Pentagon Official Says

Topline The Russian cruiser Moskva sank after it was hit by two Ukrainian Neptune anti-ship missiles Wednesday, a U.S. defense official said Friday, contradicting Russian claims that an accidental exp...

Despite the Hype, Bored Ape Yacht Club’s Token Sank

Key Takeaways Claims for the highly anticipated ApeCoin airdrop went live today. Low liquidity levels resulted in APE selling for as much as $248 per token on Uniswap once distribution began. ApeCoin ...

OHM In Blood, How This OlympusDAO Whale Sank Its Price by 44%

In 2021, Ethereum based OlympusDAO and its native token OHM exploded as the protocol onboarded new users seeking to leverage its high annual percentage yield (APY). At its peak, the price of OHM went ...

Proterra Stock Sank in the SPAC Selloff. Now the Electric Bus Maker Looks Like a Bargain.

Proterra Greenville Facility Courtesy of Proterra Text size Proterra would seem to have a lot going for it. The electric-vehicle technology company operates in a hot sector and has avoided head-on com...