The Peloton (NASDAQ: PTON) stock price crashed by about 80% in 2021 as the rotation from lockdown stocks to reopening stocks continued. The sell-off continued on the final day of the year after the co...
Tag: Stock
Western Digital Stock Rising As Sales, Profits Surge
When a company reports a 283% surge in earnings on a 29% hike in sales in its latest quarter, it gets investors attention. Computer storage systems maker Western Digital (WDC) did just that last quart...
Is Alibaba stock a buy or sell after crashing by 50% in 2021?
The Alibaba (NYSE: BABA) stock price collapsed by almost 50% in 2021 as sentiment over Chinese equities dropped. The drop brought its total market capitalization to about $303 billion. Why BABA stock...
AMD Stock: AMD Purchase Of Xilinx Delayed By Regulatory Reviews
Chipmaker Advanced Micro Devices (AMD) still expects to complete its acquisition of Xilinx (XLNX) but regulatory reviews have taken longer than expected. AMD stock dipped Friday. X Santa Clara, Calif....
Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm – Bitcoin News
The stock exchange of Gibraltar, a British territory, has received a purchase offer by a blockchain firm called Valereum. The purchase, that is set to occur in the new year, if effective, might make t...