Shares of AMC Entertainment Holdings Inc. AMC, -15.00% plunged 20.6% toward 22-month lows, after the movie theater operator announced a $110 million equity capital raise and said it was seeking Read more
Tag: plunges
Lyft loses $1.1 billion in market value as stock plunges to all-time low after analyst downgrades
Analysts hailed Uber Technologies Inc. as their ride-sharing preference Tuesday as Lyft Inc. posted quarterly results that indicated it was feeling some pressure from its larger rival, sending Lyft’s shares Read more
Affirm stock plunges toward record low after Peloton’s struggles weigh on forecast
Affirm Holdings Inc. shares plummeted Tuesday afternoon, after executives brought down their annual guidance for the buy-now-pay-later company amid troubles at one of its most important partners in recent years, Read more
Coinbase stock plunges on news of Binance-FTX merger, which sets up ‘seismic’ change in competition
Shares of Coinbase Global Inc. tumbled in active trading Tuesday as the cryptocurrency platform faced concerns over increased competition from the Binance-FTX merger deal. The stock COIN, -12.05%, which was Read more
Funko stock plunges 20% as earnings shrink and holiday forecast calls for no growth
Funko Inc. shares dove by more than 20% in after-hours trading Thursday, after the company known for its Pop line of collectible figurines detailed a surprising earnings decline and slashed Read more
Qualcomm stock plunges to lowest price in more than two years as magnitude of smartphone shortfall shocks Wall Street
Wall Street had braced for a bumpy ride as Qualcomm Inc. navigated an oversupplied market for smartphone chips, but the chip maker’s stock still got T-boned Thursday after a disappointing Read more
Qualcomm stock plunges to lowest price in more than two years as magnitude of smartphone shortfall shocks Wall Street
Wall Street had braced for a bumpy ride as Qualcomm Inc. navigated an oversupplied market for smartphone chips, but the chip maker’s stock still got T-boned Thursday after a disappointing Read more
Roku stock plunges as downbeat earnings forecast assumes ad budgets could ‘degrade’
Roku Inc. shares plummeted 16% in after-hours trading Wednesday after the streaming company topped expectations with its latest results but gave a weaker-than-anticipated outlook for the holiday quarter as economic Read more
Roku stock plunges as downbeat earnings forecast assumes ad budgets could ‘degrade’
Roku Inc. shares plummeted 19% in after-hours trading Wednesday after the streaming company topped expectations with its latest results but gave a weaker-than-anticipated outlook for the holiday quarter as economic Read more
Tupperware plunges after falling short of Wall Street’s earnings and revenue expectations
Tupperware Brands Corp.’s stock TUP, fell a sharp 27.7% in premarket trades on Wednesday after the kitchen products maker missed its profit and revenue targets on “internal and external challenges Read more