Robinhood CEO Vlad Tenev sold his Class A stock to zero… again
Robinhood CEO Vlad Tenev has sold his Class A stock down to zero, but somehow that exact same headline keeps repeating.
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US defense giant’s top holder dumps nearly $1 billion of stock
The family that has owned General Dynamics since 1959 just sold nearly $1B of the company’s stock in five weeks.
How MiniMed ended up with 99% of its float sold short
An estimated 99% short reading looks less like a bet against MiniMed than arbitrageurs eyeing a Medtronic discount.
Webull plunged 32% on report of ‘structural’ ties to China
The US House Select Committee says Webull’s "American" brokerage and crypto trading brand has structural ties to China.
— Stocks
Marcus Lemonis stocks are having a horrible year
Stocks associated with Marcus Lemonis, including Camping World and Neighborhood Intelligence are tanking, hitting near-all time lows.
Nike overpaid $7.9 billion buying back its own stock
The opportunity cost of Nike’s stock buybacks now reaches nearly $8B, and its repurchase program is on pause with $5.9B left.
Donald Trump bought PTC before $22.6B buyout
Trump’s portfolio bought up to $1M of PTC on July 20, 77 days before Schneider Electric agreed to buy all of its stock.
Trump administration is dumping money into cratering nuclear stocks
Donald Trump’s US energy secretary keeps awarding contracts and loans to publicly-traded nuclear stocks that keep crashing afterwards.
— Stocks
Live Nation doubles CEO pay target despite monopoly ruling
Live Nation's CEO tied his pay partly to "solving the DOJ problem," a jury then found a monopoly, and his target pay doubled anyway.
Nike warns of layoffs as stock hits 13-year low
After nearly 18 years, the S&P 100 Index has dropped Nike as a constituent amid falling sales, profitability, and headcount.