Tag: Plummeted

After Florida left voting system, tips about illegal voters plummeted

TALLAHASSEE — When Gov. Ron DeSantis opted last year to remove Florida from a multistate voter data-sharing agreement, advocates and elections officials feared it would become harder to detect illegal voting. New data shows they might be right. DeSantis’ voter fraud unit last year received 93% fewer referrals from other states about double-voters than it […]

Tesla is turning on the charm after leasing and rental-car companies say the value of their fleets have plummeted, but it may not be enough: report

Newly completed Tesla Model Y electric cars stand at the new Tesla Gigafactory electric car manufacturing plant on March 25, 2022 near Gruenheide, Germany.Sean Gallup/Getty Images Tesla is offering discounts to appease European car rental and leasing firms, Reuters reported. The discounts follow Tesla’s price cuts in Europe, which impacted fleet values for leasing firms. […]

Why MicroStrategy Stock Plummeted by Nearly 18% on Tuesday

MicroStrategy (NASDAQ: MSTR) had the misfortune to report its latest set of earnings at a time when its most important asset was on the decline. MicroStrategy is a niche tech company that has almost entirely transformed itself into basically an institutional Bitcoin (CRYPTO: BTC) holder. It published first-quarter results at a time when the cryptocurrency […]

Why Perion Network Stock Plummeted Today

Shares of Perion Network (NASDAQ: PERI) plummeted more than 40% on Monday after the digital advertising products and services company announced far weaker-than-expected preliminary first-quarter 2024 results. Perion also reduced its full-year outlook. On Perion’s slow start to the new year In a press release this morning, Perion said it expects first-quarter 2024 revenue to […]

Nikki Haley’s popularity has plummeted among GOP primary voters

Former U.N. Ambassador Nikki Haley told Fox News this week that she sees herself as Republican voters’ alternative to frontrunner Donald Trump — if the former president’s legal challenges and GOP voters turn against him. Her one problem: Republican primary voters no longer see her that way. According to January’s national NBC News poll, 34% […]

Super Micro Computer Stock Plummeted Today — Is This a Chance to Buy the Explosive Artificial Intelligence (AI) Growth Stock?

Super Micro Computer (NASDAQ: SMCI) stock got crushed in Friday’s daily trading. The server and storage technology specialist’s share price closed out the daily session down 20%, according to data from S&P Global Market Intelligence. Notably, Supermicro stock actually started Friday’s trading session on a bullish note. The company’s share price had been up as […]

Why Agenus Stock Plummeted by Nearly 30% on Its Stock Split News Today

Three otherwise innocuous words — reverse stock split — can cause much disappointment and even sow panic in an investor community. Shareholders of clinical-stage biotech Agenus (NASDAQ: AGEN) experienced this vividly on Thursday when their company announced its intention to start going down that road. The stock’s price fell sharply, by almost 30%, contrasting with […]

Why New York Community Bancorp Stock Plummeted Today

Not for the first time this young year, troubled lender New York Community Bancorp (NYSE: NYCB) had a lousy day on the stock market Tuesday. The company’s shares lost 22% of their value, plunging to a more than 25-year low. This was on a day when the S&P 500 index landed in positive territory, creeping […]

Why Tesla Stock Plummeted Today

Tesla (NASDAQ: TSLA) stock lost ground Thursday following the publication of the company’s fourth-quarter earnings results. The electric vehicle (EV) company’s share price closed out the daily session down 12.1%, according to data from S&P Global Market Intelligence. Tesla’s Q4 report arrived with some concerning results for shareholders. The company posted non-GAAP (adjusted) earnings of […]