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Sea ltd stock plummets as revenue falls short of expections
Shares in Singapore-based tech firm Sea Ltd (NYSE:SE) plummeted, losing nearly a third of its value, af...
August 15, 2023, 12:26 pm
Hawaiian electric shares plummet following maui wildfire
Hawaiian Electric (HE) shares plunged nearly 34 percent on concerns its power lines may be linked to the deadly wildfires in Maui. The news comes as t...
August 14, 2023, 5:39 pm
Why li-cycle stock plummeted today
Li-Cycle's second-quarter loss came in higher than expected. Pricing trends for cobalt and nickel are pressuring sales....
August 14, 2023, 4:52 pm
Hawaiian electric stock plunges 40% after lawsuit alleges it failed to shut power off ahead of the maui wildfires
Hawaiian Electric's stock tumbled to a 13-year low Monday morning, plummeting nearly 40% after a class-...
August 14, 2023, 11:40 am
Biotech stock plummets after halving workforce
BioXcel Therapeutics Inc (NASDAQ:BTAI) is plummeting, last seen down 46.3% to trade at $3.98 after i...
August 14, 2023, 10:26 am
Bioxcel therapeutics stock plummets as it cuts jobs in half to focus on ai-powered innovation
BioXcel Therapeutics Inc (NASDAQ:BTAI) stock opened close to 45% lower as trading kicked off in New York on Monday after it revealed it would be wield...
August 14, 2023, 9:59 am
Cognyte software: an attractive investment idea and a potential acquisition play too
Cognyte is a global leader in security intelligence and investigative analytics, which serves hundreds of customers, primarily in the government secto...
August 12, 2023, 12:05 am
Why pubmatic stock plummeted 31.7% this week
PubMatic delivered decent second-quarter results this week, but issued cautious forward guidance calling for a revenue decline amid continued macro he...
August 11, 2023, 9:54 pm
Why shares of biolife solutions plummeted this week
BioLife Solutions focuses on cell- and gene-therapy preservation tools, used primarily by the biotech industry. The company did trim its losses, year ...
August 11, 2023, 4:06 pm
Why upstart stock plummeted 45% this week
Upstart posted second-quarter earnings this week. The results were better than expected, but some issues emerged that likely sparked the sell-off....
August 11, 2023, 12:42 pm
Cano health warns it may not be able to stay in business, looks for buyer
Cano Health shares plummeted to an all-time low after the health care provider for seniors warned it ma...
August 11, 2023, 12:10 pm
New zealand bnz manufacturing slumps to post-gfc low in july
New Zealand’s BusinessNZ Performance of Manufacturing Index has experienced a drop in July, declining from 47.4 to 46.3. Digging into the details, t...
August 11, 2023, 3:29 am
Aersale stock plummets on sky-high expectations
AerSale Corporation's Q2 2023 financial results showed a 50.3% decrease in revenues, but the company's value extraction model and growth opportunities...
August 10, 2023, 6:07 pm
Galera therapeutics shares plummet after fda rejects drug for cancer treatment side effect
Galera Therapeutics shares plunged by almost 85% after the clinical-stage biopharmaceutical company revealed its New Drug Application for its investig...
August 10, 2023, 1:04 pm
Why 23andme holding stock plummeted by 13% today
The genetics specialist notched a double miss with its latest earnings report. It seems this fiscal year will be worse than its predecessor for headli...
August 9, 2023, 5:24 pm
Why smiledirectclub stock was plummeting today
SmileDirectClub reported earnings last night, missing on both the top and bottom lines. The company is low on cash and racing to get to free-cash-flow...
August 9, 2023, 4:40 pm
Chinese equities fight back after deflation alarm: investors await alibaba’s earnings
July 2023 saw China’s producer prices plummet by 4.4% year-on-year, a worse outcome than the market�...
August 9, 2023, 4:14 pm
Roblox shares plummet after online gaming platform misses quarterly projections
Shares of the company were set for their worst day in 10 months and on track to erase nearly all its gains this year, if losses hold through the sessi...
August 9, 2023, 2:53 pm
Wework warns of possible collapse after $700 million net loss
WeWork shares plummet after the company issues concerns over its survival. WeWork (WE) says co-working ...
August 9, 2023, 10:53 am
Thoughtworks cost-cutting plan and disappointing 2q results send shares tumbling
Thoughtworks Holdings shares plummeted almost 30% after the technology consultancy firm announced disap...
August 8, 2023, 11:46 am