Tanger Outlet shares surge as short sellers get squeezed

2020-01-27

iStockphoto The Tanger Outlets in Lancaster County. Shares of Tanger Factory Outlet Centers are rocketing higher even as doubts about the future of bricks-and-mortar retailers continue to plague the company, one of the pioneers of outlet-store shopping. But the big share move upward isn’t because investors have had a changeRead More →

Companies race to find the key to eternal life

2019-08-25

Getty Images The fountain of eternal youth once sounded like pure science fiction, but now investors are pouring millions into start-ups searching for revolutionary ways to reverse the aging process. The big hope is that they will one day become a reality and turn a profit. On Monday, Juvenescence: TheRead More →

Slack ends first day of trading worth nearly $20 billion

2019-06-20

Slack Technologies Inc. ended its first day on Wall Street worth nearly $20 billion, after the creator of a popular workplace-chat tool made its public debut via an unconventional route. The business-communications company began trading on the New York Stock Exchange in a direct listing, through which Slack WORK, +48.54%Read More →

Uber stock hit by executive shake-up a month after the IPO

2019-06-07

Shares of Uber Technologies Inc. fell more than 1% in the extended session Friday after Chief Executive Dara Khosrowshahi said in an email to employees the ride-hailing company’s chief operating officer and chief marketing officer are leaving. Khosrowshahi said in the email that he and COO Barney Harford had agreedRead More →