Stocks

Stocks are a type of security that gives stockholders a share of ownership in a company. Stocks also are called “equities.”

Source: investor.gov

Walmart to Delist Africa’s Massmart in Deal to Buy Out Retailer
Walmart to Delist Africa’s Massmart in Deal to Buy Out Retailer
August 29, 2022  |  Acquisitions

Walmart has struck a deal to fully acquire Massmart and purchase the shares it doesn’t already own for 62 rand ($3.65) each, with the deal...

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Affirm and Zoom’s Post-Earnings Slumps Haul CE100 Lower by 3.7%
Affirm and Zoom’s Post-Earnings Slumps Haul CE100 Lower by 3.7%
August 29, 2022  |  Connected Economy

No respite here. The Connected Economy 100 (CE100) Stock Index was off 3.7% for the week — though its performance was better than the major...

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Chinese FinTech Stocks Climb; US Lenders Tumble
Chinese FinTech Stocks Climb; US Lenders Tumble
August 28, 2022  |  Stock Index

In the past week, three of the biggest gainers in financial stocks have been Chinese FinTechs, boosted by an agreement that gives U.S. authorities access...

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Investor Ryan Cohen Selling 10% Stake in Bed Bath & Beyond
Investor Ryan Cohen Selling 10% Stake in Bed Bath & Beyond
August 18, 2022  |  Retail

GameStop chairman Ryan Cohen plans to sell his 10% stake in retailer Bed Bath & Beyond, the activist investor said this week in an SEC...

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Tencent Looks to Sell Stake in Food Delivery Firm Meituan
Tencent Looks to Sell Stake in Food Delivery Firm Meituan
August 16, 2022  |  Big Tech

China’s Tencent Holdings wants to sell most — if not all — of its stake in the food delivery platform Meituan as the government cracks...

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CE100 Index Adds 3.6% as ‘Fun’ Online Betting Names Gain Double Digits
CE100 Index Adds 3.6% as ‘Fun’ Online Betting Names Gain Double Digits
August 15, 2022  |  Connected Economy

Earnings reports are in full swing on Wall Street, and they dictated the way Connected Economy 100 (CE100™) Index names traded this past week. For...

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Court Allows Parts of Proposed Robinhood Class Action Case
Court Allows Parts of Proposed Robinhood Class Action Case
August 11, 2022  |  Legal

Investors will be allowed to pursue some of their claims against Robinhood Markets Inc. stemming from a 2021 GameStop frenzy, a federal judge in Miami...

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CE100 Index Gains 5.5% as Vroom Soars 55%, Platforms Gain Steam on Earnings
CE100 Index Gains 5.5% as Vroom Soars 55%, Platforms Gain Steam on Earnings
August 08, 2022  |  Connected Economy

PYMNTS’ Connected Economy™ 100 Index (CE100 Index™) marched upward by 5.5% this past week, continuing a streak that now has extended to three straight weeks....

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Robinhood Seeks Fresh Following as Client Rosters, Revenue Plummet
Robinhood Seeks Fresh Following as Client Rosters, Revenue Plummet
August 03, 2022  |  Earnings

For Robinhood, it may feel a bit like the clock is ticking. The latest quarter showed a precipitous decline in the platform’s core business, at...

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