Stock

JPMorgan CEO Jamie Dimon to Sell 1 Million Shares
JPMorgan CEO Jamie Dimon to Sell 1 Million Shares
October 27, 2023  |  Banking

JPMorgan Chase & Co. Chairman and CEO Jamie Dimon and his family plan to sell 1 million shares of JPMorgan stock. They are doing so for financial diversification...

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Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
October 12, 2023  |  Earnings

Goldman Sachs is reportedly expected to announce weak quarterly earnings on Tuesday (Oct. 17) as a result of a slowdown in deal making and its...

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Citi Analyst Downgrades Paymentus Holdings Due to Stock’s Gains
Citi Analyst Downgrades Paymentus Holdings Due to Stock’s Gains
October 05, 2023  |  Stock Index

Paymentus Holdings stock retreated 4% Thursday (Oct. 5) after being downgraded to Neutral by Citi analyst Ashwin Shirvaikar. This downgrade was primarily driven by the stock’s substantial gains this...

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Wheels Up Stock Plummets, Hires Restructuring Lawyers
Wheels Up Stock Plummets, Hires Restructuring Lawyers
June 23, 2023  |  Travel Payments

Wheels Up Experience shares have taken a significant hit, dropping by 60.38% in value to close Thursday (June 22) at $1.24 a share due to...

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Is Carvana’s Wall Street Rally an Omen for Online Car Platforms?
Is Carvana’s Wall Street Rally an Omen for Online Car Platforms?
May 31, 2023  |  Market Conditions

One day’s surge on Wall Street may be a blip, or it may be an omen. Shares of Carvana rocketed up more than 16% Tuesday (May 30)....

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Fast-Casual Brands Prepare IPOs as Sector Bounces Back
Fast-Casual Brands Prepare IPOs as Sector Bounces Back
May 24, 2023  |  IPO

With fast-casual chains’ stocks outperforming the restaurant industry, more brands, including Panera and Cava, are looking to capitalize on the industry’s recovery. Panera Brands, a group encompassing fast-casual...

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Crocs Sees 53% Growth by Meeting Consumer Demand for Casualization
Crocs Sees 53% Growth by Meeting Consumer Demand for Casualization
January 10, 2023  |  Retail

Consumer demand for casualization, comfort, sustainability and personalization is driving growth at Crocs. The casual footwear company expects year-over-year revenue growth of 53% in 2022...

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Victoria’s Secret Announces CEO Change and Acquisition Completion
Victoria’s Secret Announces CEO Change and Acquisition Completion
January 04, 2023  |  Retail

Victoria’s Secret’s transformation will continue with a new brand CEO and a newly acquired company.  The lingerie and beauty products retailer announced Tuesday (Jan. 3)...

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Costco Sees Sales Cool From October to November
Costco Sees Sales Cool From October to November
December 01, 2022  |  Retail

Costco’s stock fell Thursday (Dec. 1) after the company reported slowing sales between October and November. The bulk discount retailer said sales for the four...

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