The CE 100 Index lost 0.6% as gains from the Have Fun segment were blunted by double-digit plunges from the likes of iRobot — where concerns over the firm’s takeover by Amazon (and possible derailment) sent investors fleeing. Within the Have Fun group, which got...
Leisure and travel names showed serious stock market gains this past week. The CE 100 Index gained 2% last week — driven by the “Have Fun” pillar, which led advancing issues — as earnings season continued to dominate headlines and investor sentiment. And, as measured...
One week in, and the CE 100 Index has already gained some ground, up 2.7%. This time around, the tailwind came as investors notably bid up stocks tied to several names based outside of the U.S. The three best performing pillars were the “Shop” group,...
Up, up and …. Well, not quite away. But up. And so, even with a 5% gain in the past week, the PYMNTS ConnectedEconomy 100 Index (CE100™) is still down more than 31% for the year. CE100 Relative Performance Source: PYMNTS The rebound was led...
January 22, 2024
The CE 100 Index lost 0.6% as gains from the Have Fun segment were blunted by double-digit plunges from the likes of iRobot — where concerns over the firm’s takeover by Amazon (and possible derailment) sent investors fleeing. Within the Have Fun group, which got a 3.3% boost, shares of Flutter Entertainment soared 23%. Flutter […]
February 20, 2023
Leisure and travel names showed serious stock market gains this past week. The CE 100 Index gained 2% last week — driven by the “Have Fun” pillar, which led advancing...
January 09, 2023
One week in, and the CE 100 Index has already gained some ground, up 2.7%. This time around, the tailwind came as investors notably bid up stocks tied to several...
July 11, 2022
Up, up and …. Well, not quite away. But up. And so, even with a 5% gain in the past week, the PYMNTS ConnectedEconomy 100 Index (CE100™) is still down...
May 01, 2024
FanDuel is reportedly preparing to switch its public listing to the U.S. markets. Shareholders in Flutter Entertainment, FanDuel’s Ireland-based owner, have voted to move the online betting group’s listing from London to the New York Stock Exchange, Bloomberg News reported Wednesday (May 1). “We now anticipate that we will shift our prime listing to the New York Stock Exchange […]