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StockStreetNews news releases related Stockstreetnews news releases and Stockstreetnews press releases from 08/17/22 01:15:43 on US and Canada Markets.
On Tuesday, shares of Bed Bath & Beyond (NASDAQ:BBBY) went up by almost 30%. This was part of a trend for meme stocks to go up. Since the end of July, the stock price has gone up by more than 300%. At one point during the session, Bed Bath & Beyond (NASDAQ:BBBY) wa...
Shift Technologies (NASDAQ: SFT) said on Tuesday that it will acquire CarLotz (LOTZ) in an all-stock transaction, sending LOTZ shares up 35% and SFT shares up 10% in aftermarket trading. Each LOTZ share is anticipated to be exchanged for 0.692158 SFT shares. The actual exchang...
Just one week after Walmart (NYSE:WMT) lowered its quarterly and full-year guidance, the business will reduce its workforce. Hundreds of corporate personnel in areas relating to retail, global technology, and real estate are being laid off. Walmart (NYSE: WMT) let go of approx...
After achieving "exceptional" results in oil refining and trade, BP Plc (NYSE: BP) increased its dividend and accelerated its share repurchases to their quickest rate to date. Even if the energy crisis caused by Russia's invasion of Ukraine poses a threat to the global economy...
Tuesday, Robinhood Markets (NASDAQ:HOOD) revealed it was laying off over a quarter of its workforce, the latest cost-cutting measure by the financial trading app to adapt to a shifting market climate. Fintech, which became popular during the meme-stock frenzy and went public w...
Amazon (NASDAQ:AMZN) shares rose in after-hours trade on Thursday, despite the company reporting a net loss and issuing a modest forecast for the third quarter. In extended trading, shares soared more than 10% as a focus on AWS acceleration and robust top-line growth eclipsed ...
Clinical-stage biotech Cassava Sciences (NASDAQ:SAVA) responded to charges of research wrongdoing on Wednesday after it was reported that the U.S. Department of Justice had opened a criminal investigation into the company's experimental Alzheimer's treatment. According to Chie...
Shopify (NYSE:SHOP) stated in an internal message that it planned to reduce 1,000 positions, or 10% of its worldwide staff, across all of its businesses as it scales down on e-commerce growth estimates it had seen during the epidemic. This memo was cited by the Wall Street Jou...
As consumers struggle with rising energy costs, Windfall Taxes (OTC:WINKF) on oil companies are a global topic of discussion. TotalEnergies TTE is attempting to prevent a price war by committing to lower prices. From September to November, the company will reduce fuel prices b...
Airbnb (NASDAQ:ABNB) cofounder Joseph Gebbia is resigning to pursue new possibilities, according to a message posted on the company's website. Gebbia added that the fundamental reason for this move is that this is the only firm I've ever helped establish, and my mind is overfl...
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