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Shares

All articles tagged with #shares

business5 months ago

Circle Shares Decline Amid 10 Million Share Offering

Circle Internet Group's stock fell over 5% after announcing a public offering of 10 million shares, with 2 million offered by the company and 8 million by existing shareholders. Despite the offering, shares rose 1.3% after reporting its first quarterly results, with revenue up 53% driven by stablecoin growth, though the company posted a loss due to IPO-related charges.

business5 months ago

Tesla grants Elon Musk up to $30 billion in shares to secure his leadership

Tesla's board approved a $29 billion share award to Elon Musk after a court invalidated his previous pay deal, aiming to incentivize his focus on Tesla amid political and market challenges. Musk will buy shares at the 2018 price, increasing his stake to about 15%, with the award intended to boost his voting power and commitment to Tesla's future.