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Posts Tagged ‘stock’

Lyft’s stock has a blue Monday as shares slide after public debut

Today, investors took off their rose-colored glasses (and pink-colored mustaches) and looked at Lyft’s shares with fresh eyes after Friday’s ebullient debut. And — judging by the company’s share price at the end of the day — what they saw wasn’t exactly to their liking. Lyft’s shares suffered a pretty blue Monday in trading on ...

Interest rates and fears of a mounting trade war send tech stocks lower

Shares of technology companies were battered in today’s trading as fears of an increasing trade war between the U.S. and China and rising interest rates convinced worried investors to sell. The Nasdaq Composite Index, which is where many of the country’s largest technology companies trade their shares, was down 219.4 points, or 3 percent, to ...

Spotify plans to buy back up to $1 billion in stock

In a move aimed at boosting its falling stock price, Spotify this morning announced it would buy back up to $1.0 billion worth of stock – up to 10 million in ordinary shares. The repurchase program was authorized by the company’s general meeting of shareholders and approved by the Board of Directors. The program will ...

Robinhood gives investors international targets to aim for with launch of ADR products

Robinhood, the app-based investment platform for all your speculative investing needs, has launched a tool for investors to throw money at publicly traded international companies through the rollout of American Depositary Receipts. ADRs are the investment mechanism that U.S. investors use to invest in foreign companies whose shares aren’t traded on U.S. stock exchanges like ...