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Market Rumors

All articles tagged with #market rumors

business1 year ago•1 min saved

Trump Denies Media Stock Sale Rumors Amid Market Surge

Trump Media & Technology Group's stock surged 9.37% in pre-market trading after Donald Trump denied rumors of selling his stake, attributing the misinformation to market manipulators. The stock had already risen 15% by Friday, driven by renewed investor interest post-election. Despite previous challenges, Truth Social has grown significantly, with a market cap of $6.5 billion. Trump, owning 115 million shares, values his investment at $3.7 billion. The company reported $1 million in revenue and a $19.2 million net loss for Q3, planning to expand its TV-streaming platform.

via Benzinga|

#business #investment #market-rumors

business2 years ago•1 min saved

AstraZeneca Addresses CEO Speculation Amid Share Drop

AstraZeneca sought to downplay speculation about its CEO, Pascal Soriot, leaving the company after its shares dropped over 4% following a report in a British tabloid. The company initially declined to comment but later issued a statement saying they do not comment on market rumors. AstraZeneca shares closed down 3.2% after touching their lowest point since July. Analysts and a shareholder attributed the drop to the report, though its accuracy could not be independently verified. Another article in The Times, which focused on the retirement of a senior executive, may have also affected the shares.

via Reuters|

#astrazeneca #business #ceo-speculation

business2 years ago•1 min saved

Curaleaf Holdings, Inc. Sets the Record Straight on Market Rumors

Curaleaf Holdings, Inc. has responded to media speculation about a potential transaction involving the company, stating that it does not comment on market rumors. The leading cannabis provider operates in 19 states in the US and is the largest vertically integrated cannabis company in Europe. Curaleaf intends to refrain from further comment unless required by law.

via Curaleaf Holdings, Inc. Investor Relations|

#business #cannabis #curaleaf-holdings