– Shares of Herbalife slumped 20% after the company announced a $250 million convertible debt offering, the proceeds of which will be used for general corporate purchases and to buy back existing debt.
Semiconductor stocks – Semi stocks Advanced Micro Devices and Nvidia fell 4% and 3.1% respectively amid a broader selloff in the Nasdaq. – Shares of GitLab rose 5% after the company reported better-than-expected earnings with a smaller loss than Wall Street anticipated. The company also issued a rosy outlook.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves after hours: GitLab, Herbalife and moreThese are the stocks posting the largest moves in after-hour trading.
Source: CNBC - 🏆 12. / 72 Read more »
Bitcoin, ether both trading lower as crypto stocks lead Monday declinesCrypto stocks closed down across the board on Monday.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Oil jumps after OPEC+ move, stocks fall, FTX’s Sam Bankman-Fried latestOPEC+ keeps cuts ahead of EU ban, price cap begins on Russian oil, stocks fall ahead of key economic reports, FTX's Sam Bankman-Fried remains vocal on fallout. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Stocks slide as strong data suggests Fed has more to doStocks closed lower on Wall Street and Treasury yields rose after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation
Source: WOKVNews - 🏆 247. / 63 Read more »
China ETFs fall despite surging stocks in Hong Kong after reports Chinese COVID restrictions are easingShares of exchange-traded funds that buy Chinese stocks slip in late afternoon trading Monday, falling after the Hang Seng index in Hong Kong rallied 4.5% on...
Source: MarketWatch - 🏆 3. / 97 Read more »
Bitcoin Above $17K as Unwinding of ‘Fed Trade’ Lifts US StocksBitcoin bounces back above $17,000 despite trading at a significant discount following the collapse of crypto exchange FTX. Arca Head of Research Katie Talati joins “First Mover” to discuss major crypto price actions and notable token activities of SRM, AAVE and APE. Plus, the latest on the correlation between digital assets and the traditional market. arca KatieTalati FTX_Official kucoincom That's why: all eyes on radixdlt on 8 December!!! RadFi2022
Source: CoinDesk - 🏆 291. / 63 Read more »