“Charging for memberships, etcetera, can be done very easily globally using cryptocurrencies as a means of payment” — Binance CEO Changpeng Zhao That’s Binance CEO Changpeng Zhao, who thinks that Read more
Tag: Stock Delistings
Canopy Growth stock snaps two-day winning streak after news that Nasdaq objects to plan for U.S. assets
Canopy Growth Corp. shares slid 3% Thursday to end a two-day winning streak, after the company said the Nasdaq exchange is opposed to its plan to consolidate its U.S. assets Read more
Norway’s Seadrill to relist in New York Stock Exchange this week
Norwegian offshore oil-rig operator Seadrill Ltd. said late Tuesday it has received approval to relist its common shares on the New York Stock Exchange on or about Oct. 14. Seadrill Read more
Leading Chinese companies announce delisting plans from the NYSE
Several Chinese companies on Friday announced they would voluntarily delist from the New York Stock Exchange, a move that comes as they faced the prospect of being forcibly removed. PetroChina Read more
It’s a Tom Jones rally but it may be overbought, say analysts
The latest action in stocks may be a concern for the bulls. The S&P 500’s initial surge on Thursday to fresh three-month highs fizzled as the session wore on. The Read more
Fuel cell-powered truck maker Hyzon’s stock suffers record plunge after accounting questions raise delisting fears
Shares of Hyzon Motors Inc. were suffering a record plunge toward a record low Friday, after the maker of fuel cell-powered trucks disclosed a “myriad of issues,” including accounting regularities Read more
Alibaba stock shoots higher after company beats on earnings, says business improved in June
Shares of Alibaba Group Holding Ltd. were rising more that 5% in premarket trading Thursday after the Chinese e-commerce company topped expectations with its latest financials and indicated that business Read more
Alibaba shares keep sliding in Hong Kong following delisting threat from SEC
Hong Kong-listed shares of Alibaba Group Holdings Ltd. continued to sink overnight, after U.S. regulators last week added the e-commerce giant to a list of Chinese-owned companies that could be Read more
Enjoy Technology to be delisted from Nasdaq, shares tumble
Shares of Enjoy Technology Inc. ENJY, -4.30% were lower in Thursday’s late session, after the company said its stock would be delisted from the Nasdaq. Last month, The Wall Street Read more
Sundial Growers to seek shareholder approval for share consolidation
Sundial Growers Inc. SNDL, +3.43% said it planned to seek shareholder approval for a share consolidation at an upcoming annual and special meeting of shareholders on July 21. The cannabis Read more