Stock news

On Wednesday, shares of Sony Group Corp. plummeted after PlayStation rival Microsoft Corp. announced its acquisition of game developer Activision Blizzard Inc. The Japanese multinational conglomerate plunged 10.01% or 12.44 points to $111.78 per share, the most significant intraday drop since March 2020. Nevertheless, it is still 21.50% or 19.90 points higher than last year, …

Sony Stocks Tumble in Wake of Microsoft-Activision Deal Read More »

On Tuesday, shares of Rio Tinto Group declined after it reported lower-than-expected fourth-quarter production results. The world’s second-largest mining company edged down as much as 1.97% to $77.73 in the early market session. As of writing, it trades at 0.35% or 0.27 points lower to $78.91 per share. Then, it decreased 8.34% or 7.18 points …

Rio Tinto Stocks Drop after a Weak Q4 Production Update Read More »

Shares of Elastic NV sank in Wednesday extended trading after its co-founder Shay Banon stepped down as the company’s CEO.  The American-Dutch security firm lost 4.54% or 5.04 points to $106.00 per share. It trailed its decline of 2.68% or 3.06 points to $111.04 per share in the regular trading session. Still, the business stands …

Elastic NV Shares Slump as CEO Shay Banon Steps Down Read More »

On Wednesday, shares of Chinese internet and technology companies surged in Hong Kong, following the rally of US markets.  Accordingly, the Hang Seng tech index increased 3.95% or 0.22 points to $5.79 per share. The benchmark trails the 30 largest technology firms listed in the city.  The gaming and social media company Tencent elevated 3.17% …

Hong Kong Tech Stocks Surge; Alibaba, Tencent Log Gains Read More »

Shares of Rivian Automotive, Inc. extended its plunge in Monday’s post-trading after it missed its 2021 vehicle production target.  The American electric vehicle startup dropped 3.30% or 2.69 points to $78.75 per share.  The regular market session sharply plunged 5.61% or 4.84 points to $81.44 per share. It also slumped 20.72%, or 21.28 points this …

Rivian Stocks Fell after It Missed Vehicle Production Target Read More »

On Monday, Asia-Pacific stocks grappled for direction as investors positioned themselves for a volatile week amid the surge of coronavirus cases.  In Hong Kong, the Hang Seng index elevated 0.80% or 188.01 points to $23,681.39 per share.  Correspondingly, shares of Shimao Group Holdings soared 3.19% or 0.02 points to $0.62 per share.  The upturn came …

Asia-Pacific Stocks Mixed; Shimao Group Shares Climbed Read More »

Shares of GameStop Corp. hiked 22.68% in Thursday’s post-trading market after reports suggested that it would create a non-fungible tokens (NFTs) marketplace. Correspondingly, the electronics retail company added 29.72 points to $160.75 per share. It followed its gain of 1.28% or 1.66 points to $131.03 per share in the regular session.   For the year-to-date, the …

GameStop Stocks Jump 22.68% on Plan to Enter NFT Market Read More »

Shares of Roku, Inc. ended the Wednesday session with a sharp loss as heightened competition dimmed its growth prospects.  The digital media player manufacturer plunged 11.72% or 26.12 points to $196.71 per share, the lowest since October 2020. The firm slightly reversed its drop as it gained 1.16% or 2.28 points to $198.99 per share …

Roku Stocks Tumble on Worries of Rising Competition Read More »