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In the case of a hostile takeover, minority shareholders will one way or another lose money. The case of Sina Corp. is of particular interest, because it can educate us on how bad things can play out for retail investors. Privatizations are more likely if: (a) Controlling voting p...
Southeastern’s 13F portfolio value increased from $4.68B to $4.97B this quarter. The number of positions remained steady at 24. Southeastern Asset Management added Madison Square Garden Sports while dropping Biogen during the quarter. The top three positions are Lumen Techn...
Gainers: GreenSky (NASDAQ:GSKY) +53%. IronNet (NYSE:IRNT) +27%. Sphere (NASDAQ:ANY) +22%. Allied Healthcare Products (NASDAQ:AHPI) +19%. Actinium Pharmaceuticals ATNM +16%. Ampio Pharmaceuticals (NYSE:AMPE) +15%. Inozyme Pharma (NASDAQ:INZY) +15%. Seres Therapeutics (...
SINGAPORE, Sept. 09, 2021 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”, formerly known as YY Inc.), a global video-based social media company, today announced that its board of directors has authorized a new share repurchase plan under whic...
HUYA (NYSE:HUYA) announces that Ms. Catherine Xiaozheng Liu has resigned as the Company's CFO due to personal reasons The move is effective September 8, 2021. The Company says that Ms. Liu will serve as an advisor to Huya to assist with the transition through March 31, 2022. Concurrently, Ms....
Chinese tech stocks put in a mild performance in early trading Friday following a big acquisition involving JD.com (JD -0.8%) as Wall Street had its eyes on the Labor Day weekend ahead. Before the market opened, JD (NASDAQ:JD) subsidiary JD Property said it reached a deal to acquire China Log...
JOYY (NASDAQ: YY) recently became one of the market's most talked-about Chinese tech stocks amid rumors that it could be taken private. On Aug. 27, Reuters claimed that JOYY chairman David Li and Xiaomi founder Lei Jun were in talks to take the company private for $75 to...
Chinese tech stocks started September on a strong note, Wednesday, led by reaction to an affiliate of Alibaba Group (NYSE:BABA) reportedly working on a way to hold an initial public offering as soon as next month. According to a report from Reuters, Ant Group is linking up with several Chines...
Chinese tech companies are closing out August with another month of earnings results and uncertainty over Beijing's ongoing regulatory crackdowns in the rearview mirror. As happened in July, August was colored by reports of China taking steps to assert more authority over how its leading tech...
JOYY is operating in an uncertain environment as Chinese regulatory authorities crack down on tech companies. However, they are significantly more diversified than their peers and are set to see minimal impact from these regulations. Their balance sheet is also superior to their c...
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2024-07-15 16:32:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...