Among the unhappy shareholders was Rupert Krefting, head of corporate finance and stewardship at M&G, which manages £370 billion and owns just over 1 percent of the company’s shares. He […]
Stocks and Bonds
Trending topics and news from the Stocks and Bonds category
Back to news homeSPACs Went Up, Then Down, but They’re Not Out
The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offers a better understanding of an important issue in the news. If you […]
Citadel to Redeem $500 Million From Melvin Capital
The hedge fund Citadel pumped billions of dollars into Melvin Capital after that fund’s bet against GameStop went bad, leading to huge losses. Now, Citadel is taking some of its […]
A Skeptical Stock Analyst Wins Big by Seeking Out Frauds
Last month, federal authorities charged the founder of the electric vehicle manufacturer Nikola, which had gone public in the summer of 2020, with defrauding investors. They were led there partly […]
One Number to Gauge Where the Economy Is Headed
“You just have a lot of sand in the gears that’s slowing or reducing the recovery momentum,” he added, pointing to vaccine requirements at restaurants and other measures. “We believe […]
Tencent Shares Drop After China Media Criticizes Video Games
Shares of Tencent Holdings and other prominent Chinese video-game companies plunged in Hong Kong trading on Tuesday after a Beijing-affiliated media outlet called their products “spiritual opium.”The blast from the […]
Is Robinhood Worth $32 Billion?
Is Robinhood worth $32 billion?Robinhood, the investing app, begins trading today, after its highly anticipated initial public offering priced at $38 a share last night. That was at the low […]
Nikola Chairman Trevor Milton Resigns Amid Fraud Claims
The new chairman, Mr. Girsky, has played a critical role in Nikola’s rise to prominence. After leaving the G.M. board in 2016, he started an investment company, VectoIQ, to provide […]
Robinhood Prices Its I.P.O. at $38 a Share
SAN FRANCISCO — Robinhood is known for its association with “meme stocks.” Now the stock trading app could become one.On Wednesday, Robinhood priced its initial public offering at $38 a […]
Investing in China: What You Need to Know
If you want Chinese shares, you can bypass New York.On the face of it, shares of Chinese internet giants traded in American markets through A.D.R.s might seem to be safer […]