This week the company announced it is filing for Chapter 11 bankruptcy protection. For many companies, it’s tough to be in the retail business right now. This is undoubtedly the case for Forever 21, which announced it is filing for...
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Oct 1, 2019 | Markets
This week the company announced it is filing for Chapter 11 bankruptcy protection. For many companies, it’s tough to be in the retail business right now. This is undoubtedly the case for Forever 21, which announced it is filing for...
READ MOREOct 1, 2019 | Markets
Brokerage stocks are having one of their worst days on record. TD Ameritrade for example is down 21%, or $9.74 to just under $40. E-Trade Financial is down nearly 18%, or $7.68 to $36 a share. Charles Schwab Corporation just slipped...
READ MORESep 30, 2019 | Markets
Reports that the Trump Administration is considering blocking the listing of Chinese companies on U.S. exchanges was apparently “fake news.” “The administration is not contemplating blocking Chinese companies from listing shares on...
READ MORESep 30, 2019 | Markets
A Wedbush analyst upgraded the stock and raised its price target. Shares of Bed Bath & Beyond are up more than 5% on Monday morning after the stock was upgraded by Wedbush from neutral to outperform. This is a bit of much-needed good...
READ MORESep 30, 2019 | Markets
Apparently, WeWork is still a slow-motion train wreck. Things are so bad it just pulled its S-1 filing to postpone its IPO. “We have decided to postpone our IPO to focus on our core business, the fundamentals of which remain...
READ MORESep 27, 2019 | Markets
Shares of Peloton fell 11% after the company’s IPO on Thursday. This week, Peloton joined a growing list of companies that crashed at burned during their initial public offerings. On Thursday, the company’s shares fell 11%, bringing its...
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