Investing.com – Aurora Cannabis slumped Friday after an investment bank slashed its price target on the cannabis company to just $1 amid concerns about the burning hole in its finances and regulatory hurdles in Germany that had halted sales. Piper Sandler downgraded its rating on Aurora (NYSE:) to sell fromRead More →
Dave & Buster’s Entertainment Inc. isn’t the only game in town, and the competition is eating away at same-store sales. Dave & Buster’s PLAY, -7.45% stock took a 9.7% nose dive in Wednesday trading after the company cut its guidance and reported a 1.8% same-store sales decline for theRead More →
Cannabis stocks were mostly lower Wednesday, weighed down by pressure in the broader markets after the yield curve inverted and a steep selloff in Tilray shares following earnings. The Dow Jones Industrial Average DJIA, -2.45% was down more than 500 points at last check, after the U.S. 2-year Treasury noteRead More →
© Reuters. Investing.com – T-Mobile and Sprint tumbled on Tuesday, as the proposed merger between the two wireless companies suffered a setback amid reports that at least 10 US attorneys general are suing to stop the merger. Sprint (NYSE:) shares slumped 6.1% while T-Mobile US (NASDAQ:) slipped 1.9%. The suitRead More →
Victoria’s Secret’s market share has sunk to 24% in 2018 from 31.7% in 2013, according to the latest U.S. women’s underwear report from Coresight Research, with digitally native brands gaining appeal among shoppers, particularly young women. Victoria’s Secret is the number one women’s lingerie brand in the U.S., leading aRead More →
London markets were down as a Brexit extension had next to no positive impact on investors. How did markets perform? The FTSE 100 UKX, -0.04% was down a mere 0.1% to 7,416.7. It closed down almost 0.1% Wednesday. The pound GBPUSD, +0.0000% declined 0.1% to $1.3077, giving back some ofRead More →
Oil futures declined sharply Thursday, tracking lower moves in most global equity benchmarks, as fear of a China-led demand slowdown gripped investors. West Texas Intermediate crude for February delivery CLG9, -1.87% fell $1.16, or 2.2%, to $51.15 a barrel on the New York Mercantile Exchange, a day after posting aRead More →
