10 Stocks With $10 Billion Market Cap Down 10%
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Oh Snap: Social Media Stocks Set To Erase $100 Billion In Market Cap
Oh Snap: Social Media Stocks Set To Erase $100 Billion In Market Cap
US equity futures declined Tuesday as Snap Inc.'s profit warning hammered technology shares premarket.
As of 0615 ET, Snap shares plunged 29% in premarket trading -- if losses hold up until the cash session, it would mean an $11.4 billion wipeout in market capitalization. Snap's peers, including Facebook-owner Meta Platforms Inc., Google-owner Alphabet Inc., Twitter Inc., and Pinterest Inc. were all considerably...
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Amazon stock slumps toward a 2-year low, has wiped out $400 billion in market cap since Q1 results
Shares of Amazon.com Inc. slumped 3.3% in afternoon trading Wednesday, putting them on track to close at a more-than two-year low. The ecommerce and cloud services behemoth's stock, which is headed for the lowest close since April 9, 2020, has now tumbled 27.2% since first-quarter result were reported after the April 28 close, wiping out about $400.05 billion in market capitalization since then. Year to date, Amazon's stock has now plunged 36.9%, while the SPDR Consumer Discretionary Select...
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Deep Dive: Dividend stocks have trounced the market this year. Here are 15 high-yield stocks expected to raise payouts the most through 2024
Investors have favored companies with healthy cash flows as the central bank dials back stimulus.