Activist investor Elliott Management has reportedly taken a sizable stake in Twitter (NYSE: TWTR) and is planning to agitate for change, according to a report first broken by Bloomberg. The hedge fund is said to have accumulated stock worth $1 billion, or about a 4% position in
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Facebook Inc (Symbol: FB), where a total volume of 122,268 contracts has been traded thus far today, a contract volume which is representative of approximately
Activist investment firm Elliott Management wants Twitter (NYSE: TWTR) co-founder Jack Dorsey removed from his role as CEO because his managerial attentions are divided.
Last week's 11.5% stock market plunge was very scary for some, but it's also normal. Since 1949, the market has declined 10% or more once a year, on average. It's also normal for the market to decline 15% or more about once every four years, and 20% or more once every seven year
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
Last month, investors received a not-so-subtle reminder that the stock market can (and does) move in both directions. In a span of two days, the iconic Dow Jones Industrial Average, tech-heavy Nasdaq Composite, and broad-based S&P 500 lost in the neighborhood of 6% to 7% of
The Trade Desk (NASDAQ: TTD) shared some good news with investors on Thursday afternoon, likely giving shareholders a sigh of relief as coronavirus fears continued to weigh on the market. The stock jumped more than 6% in after-hours trading, fueled by the company's better-than-e
WhatsApp recently crossed the 2-billion-user threshold. That's certainly an important milestone, but Facebook (NASDAQ: FB) CEO Mark Zuckerberg shows a decided lack of urgency in having the messaging app contribute to the business monetarily.
WhatsApp recently crossed the 2-billion-user threshold. That's certainly an important milestone, but Facebook (NASDAQ: FB) CEO Mark Zuckerberg shows a decided lack of urgency in having the messaging app contribute to the business monetarily.
Alphabet (NASDAQ:GOOG), Google’s parent company, saw its stock price rise by almost 85% over the last three years, from $820 in February 2017 to about $1519 in February 2020. This rise was primarily driven by a significant increase in Total Revenue, and a slight decrease in