PYMNTS-MonitorEdge-May-2024

stock market

A stock market, equity market or share market is the aggregation of buyers and sellers of stocks, which represent ownership claims on businesses; these may include securities listed on a public stock exchanges.

Source: en.wikipedia.org

Investors Bullish on Farfetch After Strong Results Announced in May
Investors Bullish on Farfetch After Strong Results Announced in May
June 09, 2023  |  Retail

Shares of luxury eCommerce retailer Farfetch have been on the rise. The British luxury goods merchant’s shares rose as much as 15% Friday amid elevated trading volume,...

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CE 100 Index Gains 3.3% as MongoDB, Snowflake Surge  
CE 100 Index Gains 3.3% as MongoDB, Snowflake Surge  
June 05, 2023  |  Connected Economy

In a week that saw major indices in the U.S. rally on jobs growth and on the seeming resolution of the debt ceiling debate, the...

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FinTech IPO Index Rallies 3.4%, SoFi Soars on Optimism Over Student Loans  
FinTech IPO Index Rallies 3.4%, SoFi Soars on Optimism Over Student Loans  
June 02, 2023  |  IPO

The FinTech IPO Index’s 3.4% gains were outpaced this week by outsized momentum in names like SoFi, while earnings reports in other holdings continued to...

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PE Outfits Selling More Discounted Shares in Portfolio Companies
PE Outfits Selling More Discounted Shares in Portfolio Companies
May 23, 2023  |  Investments

Private equity operations are reportedly gloomy about their portfolio companies regaining their high valuations. That’s according to an analysis published Tuesday (May 23) by the...

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CE 100 Index Slips as Shopify’s Surge Not Enough to Offset Fiverr’s Slide
CE 100 Index Slips as Shopify’s Surge Not Enough to Offset Fiverr’s Slide
May 08, 2023  |  Connected Economy

The CE 100 Index lost 0.5% in a week crowded with earnings reports. Shopify’s corporate transformation, and resulting 28% gain in share price, was overshadowed...

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Meta’s Surge Offset by Snap’s Losses as CE 100 Index Slips 0.7%
Meta’s Surge Offset by Snap’s Losses as CE 100 Index Slips 0.7%
May 01, 2023  |  Connected Economy

Every three months, like clockwork, earnings season settles in. As May dawns and the first quarter is behind us, investors get to take stock of...

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First Republic Bank Shares Rise in Pre-Market Trading
First Republic Bank Shares Rise in Pre-Market Trading
April 28, 2023  |  Stock Index

Investor confidence in First Republic Bank has reportedly picked up. The bank’s stock rose as much as 14% in pre-market trading in New York after...

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FinTech IPO Index Slides 5.4% Led by MoneyLion
FinTech IPO Index Slides 5.4% Led by MoneyLion
April 27, 2023  |  IPO

The FinTech IPO Index slid 5.45%, even as earnings season has yet to fully hit home in the sector. MoneyLion shares sank 29.7% through the...

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Opendoor Cuts More Staff and Leads FinTech IPO Index Down 0.7%
Opendoor Cuts More Staff and Leads FinTech IPO Index Down 0.7%
April 20, 2023  |  IPO

Earnings season has yet to fully engulf the FinTech IPO sector. But there was plenty of other news to go around — where macro headwinds...

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