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

Citi Analyst Downgrades Paymentus Holdings Due to Stock’s Gains
Citi Analyst Downgrades Paymentus Holdings Due to Stock’s Gains
October 05, 2023  |  Stock Index

Paymentus Holdings stock retreated 4% Thursday (Oct. 5) after being downgraded to Neutral by Citi analyst Ashwin Shirvaikar. This downgrade was primarily driven by the stock’s substantial gains this...

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Discover Financial Services’ Agreement With FDIC Boosts Stock Price
Discover Financial Services’ Agreement With FDIC Boosts Stock Price
October 02, 2023  |  Bank Regulation

Discover Financial Services has reportedly reached an agreement with the Federal Deposit Insurance Corporation (FDIC) to improve consumer compliance.  This development resulted in a 7%...

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Report: Birkenstock Prepares for IPO, Targets $10 Billion Market Capitalization
Report: Birkenstock Prepares for IPO, Targets $10 Billion Market Capitalization
September 26, 2023  |  Stock Index

Birkenstock is reportedly gearing up for its highly anticipated initial public offering (IPO) with a target valuation of $10 billion.  If successful, this move would...

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FedEx Expects Package Volume to Continue Slide
FedEx Expects Package Volume to Continue Slide
September 20, 2023  |  Delivery

FedEx has reportedly been navigating the challenges in the parcel market and impressing investors on Wall Street.  Despite facing declining package volumes, the global courier...

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InsurTech Downturn Proves Promise of Disruption Is Sometimes Derailed
InsurTech Downturn Proves Promise of Disruption Is Sometimes Derailed
September 15, 2023  |  Insurance

FinTech platforms promise to disrupt entire verticals, bringing ease and speed to sectors that have traditionally been marked by complexity and paper-based interactions. And yet...

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FinTech IPO Index Off 0.7%, Led by OppFi and Hippo Holdings
FinTech IPO Index Off 0.7%, Led by OppFi and Hippo Holdings
September 15, 2023  |  Stock Index

The FinTech IPO Index traded slightly lower, off 0.7%, as platforms led the group to the downside. But even with the dip, the Index itself...

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Chip Designer Arm IPO Gets Leg Up From AI Boom
Chip Designer Arm IPO Gets Leg Up From AI Boom
September 14, 2023  |  artificial intelligence

Generative artificial intelligence (AI) is experiencing a rocket-propelled growth, and there are a few firms helping determine that ship’s trajectory. Among them is British chip...

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Adyen Pledges to Listen to Investors Following 44% Stock Price Drop
Adyen Pledges to Listen to Investors Following 44% Stock Price Drop
September 05, 2023  |  Business

Adyen is reportedly holding an investor day in November following a stock selloff. The Dutch payments processing company has been meeting with investors in a roadshow, Chief...

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London Stock Exchange Plans Blockchain-Based Trading Business
London Stock Exchange Plans Blockchain-Based Trading Business
September 04, 2023  |  Blockchain

The London Stock Exchange (LSE) is reportedly planning to launch a blockchain-based digital markets business. Officials at the exchange said this will make LSE the first major...

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