PYMNTS-MonitorEdge-May-2024

Shares

Shares In Luckin Coffee Dip Below IPO Price
Shares In Luckin Coffee Dip Below IPO Price
May 22, 2019  |  IPO

Shares in Chinese coffee company Luckin fell below their IPO price on Wednesday (May 22), according to a report by CNBC. The company, which aims...

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Lowe’s Sees Online Sales Rise 16 Pct.; Shares Hit By High Costs
Lowe’s Sees Online Sales Rise 16 Pct.; Shares Hit By High Costs
May 22, 2019  |  Earnings

Lowe’s reported its Q1 earnings on Wednesday (May 22), and the results were mixed – the company’s online sales were up 16 percent, while shares...

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Unexpected eCommerce Boost Pushes Earnings Beat For Target
Unexpected eCommerce Boost Pushes Earnings Beat For Target
May 22, 2019  |  Retail

Target notched an impressive beat when it reported its Q2 earnings earlier this morning (May 22), with earnings and sales both clearing analyst predictions. Net...

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Nuvei To Acquire SafeCharge For $889M
Nuvei To Acquire SafeCharge For $889M
May 22, 2019  |  Partnerships / Acquisitions

In an all-cash deal valued at $889 million, Nuvei Corp plans to purchase SafeCharge International Group Ltd. The firms noted that shareholders of SafeCharge would...

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Finablr Lists On London Stock Exchange
Finablr Lists On London Stock Exchange
May 16, 2019  |  IPO

Finablr has officially launched on the London Stock Exchange. “We are delighted that Finablr has joined the London Stock Exchange’s Premium Market, providing a new...

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Digital Delivers An Earnings Beat For Macy’s
Digital Delivers An Earnings Beat For Macy’s
May 15, 2019  |  Earnings

Today’s news is something of a departure from the more mournful tone of Macy’s Q4 earnings release, when a holiday shopping season that was forecast...

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SoftBank Shares Slide Along With Ride-hailing Stocks
SoftBank Shares Slide Along With Ride-hailing Stocks
May 14, 2019  |  Investments

Shares in Japan’s SoftBank Group have been sliding for three straight days, and closed 5.4 percent lower on Tuesday (May 14), according to a report...

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Shares In Jumia Technologies Tumble After Q1 Results
Shares In Jumia Technologies Tumble After Q1 Results
May 13, 2019  |  Investments

Shares in African eCommerce company Jumia Technologies took a dive on Monday (May 13) after Q1 losses were reported to be bigger than the year...

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Jumia’s Shares Slide On Fraud Claims By Short Seller
Jumia’s Shares Slide On Fraud Claims By Short Seller
May 10, 2019  |  Investments

Following a claim of fraud by a short seller, shares in eCommerce firm Jumia fell by almost 25 percent by midday New York time on...

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