Categories Stock Market

11 posts

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Nigeria’s SEC warns investment platforms to stop trading ‘unregistered’ foreign securities

In a circular released by Nigeria’s capital market regulator SEC today, investment platforms providing access to foreign securities might be treading on dangerous grounds. According to the SEC regulations that have just been brought to light, these platforms are trading foreign securities not registered in the country and have been […]

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The current narrative explaining why tech stocks are getting hammered

This morning the tech-heavy Nasdaq Composite index is off 2.34% after falling yesterday. Shares of Tesla are off more than 6% today, now mired in a bear-market correction after reaching new all-time highs earlier this year. Apple stock is worth $122.02 per share, down from over its recent highs of […]

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SEC issues statement on past week’s turbulent market activity prompted by Reddit-fueled GameStop run

The U.S. Securities and Exchange Commission (SEC) has issued an official statement on the tumult of the past week in the public stock market. It’s a relatively brief statement and doesn’t mention any of the key players by name (aka GameStop, Reddit, Robinhood and others), but it does acknowledge that […]

Is your net worth too closely tied to your company’s success?

Peyton Carr Contributor Share on Twitter Peyton Carr is a financial advisor to founders, entrepreneurs and their families, helping them with planning and investing. He is a managing director of Keystone Global Partners. More posts by this contributor How to approach your IPO stock How to build or invest in […]

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All bets are off as Hertz pulls plan to issue $500 million in new stock

Hertz, which filed for bankruptcy last month, halted its $500 million stock offering Wednesday after the U.S. Securities and Exchange Commission told the rental company it would review its controversial plan to sell shares that could soon be wiped out completely. Hertz disclosed Monday that it would issue a $500 […]

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NYSE trading and IPOs won’t halt through COVID-19 says Vice Chairman

Trading and IPOs on the New York Stock Exchange will continue through any economic tremors the COVID-19 crisis may cause. That’s according to the NYSE’s Vice Chairman, John Tuttle, who spoke to TechCrunch on business continuity and how the coronavirus pandemic could impact future operations of the world’s largest stock […]

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The odd reality of today’s stock market

As the COVID-19 death toll in the United States continues to climb, American stocks are, in a grim divergence, recovering lost ground. It isn’t clear precisely why locally-listed equities have risen in recent weeks, let alone today, but let’s go over the day’s results so that we’re all on the […]

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Stocks shoot upward as ‘Phase Three’ stimulus passes Senate and unemployment skyrockets

Stocks soared on Thursday even as the U.S. reported its worst unemployment numbers in 50 years of tracking data. The pain felt on Main Street was offset for investors by the federal government opening its wallet to Wall Street, businesses and (at some point) workers in the form of the […]

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The Dow and S&P near three-year lows, Nasdaq falls as well, and treasuries are no haven

It was another brutal day on Wall Street as investors continue to come to grips with the new economic realities imposed by the COVID-19 outbreak in the U.S. Both the Dow Jones Industrial Average (DJIA) and the S&P 500 are scraping near their lowest point in the last three years, […]