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PG&E shares plunged 27 percent, and it’s not because of the shutdown

It’s been a rough week for San Francisco-based PG&E, with the Northern California electricity shutdown underway. But it was a bankruptcy judge’s ruling that sent the utility’s stock price tumbling Wednesday. In after-hours trading, the utility’.....»»

Category: topSource: bizjournalsOct 10th, 2019

GE stock rebounds as investors push back against report’s fraud allegations

GE shares had plunged more than 11 percent Thursday after Harry Markopolos, the whistleblower who sounded the alarm on Bernie Madoff, released a report alleging GE was using accounting tricks to mask the depth of its financial problems......»»

Category: topSource: washpostAug 16th, 2019

Symantec shares plunge on report that Broadcom has called off buyout over price

Shares of Mountain View-based security software maker Symantec Corp. plunged 13 percent in early trading today, after CNBC reported that acquisition talks with Broadcom had fallen apart after the two companies couldn’t agree on a purchase price. Syman.....»»

Category: topSource: bizjournalsJul 15th, 2019

GameStop shares plunge amid declining video game sales

GameStop Corp.’s shares plunged during early trading Wednesday a day after the company reported a 13.3 percent fall in first-quarter revenue and said it would eliminate its dividend amid slumping video game sales......»»

Category: topSource: foxnewsJun 5th, 2019

Box plunges 14% after warning of a tough year ahead

Shares of Redwood City-based cloud storage company Box Inc. plunged 14 percent at the opening bell today, after the company said it would likely make less money this year than Wall Street had expected. Shares opened at $15.40, a new, 52-week low. T.....»»

Category: topSource: bizjournalsJun 4th, 2019

"Demand Softness": Dell Analysts React To Mixed Quarter

Dell Technologies Inc (NYSE: DELL) shares plunged more than 12 percent on Friday after the company reported mixed first-quarter earnings.....»»

Category: earningsSource: benzingaMay 31st, 2019

"Demand Softness": Dell Analysts React To Mixed Quarter

Dell Technologies Inc (NYSE: DELL) shares plunged more than 12 percent on Friday after the compan.....»»

Category: blogSource: benzingaMay 31st, 2019

Tesla shares plummet after Elon Musk promises ‘hardcore’ cost-cutting

Shares of Palo Alto-based Tesla plunged 7.5 percent today to a new two-year low, after CEO Elon Musk promised employees that the company would undergo “hardcore” cost-cutting measures to stay solvent. Shares closed at $211.03, a price it hasn.....»»

Category: topSource: bizjournalsMay 17th, 2019

TiVo shares plunge after announcing plan to split into two companies

Shares of San Jose-based TiVo plunged more than 13 percent in heavy trading today, after the company said it lost $26.6 million in its most recent quarter, and would split into two companies, after failing to find a buyer interested in buying the whol.....»»

Category: topSource: bizjournalsMay 10th, 2019

Lyft breaks below $72 IPO price on second day

Shares of Lyft plunged 11 percent in their second day of trade, breaking below their $72 IPO price, as a number of questions linger over the newly listed stock......»»

Category: videoSource: reutersApr 1st, 2019

Analysts Digest Biogen"s Alzheimer"s Disappointment: "There Isn"t Much To Be Excited About"

Biogen Inc (NASDAQ: BIIB) shares plunged nearly 30 percent Thursday after, along with development partner Eisa.....»»

Category: blogSource: benzingaMar 22nd, 2019

Asian shares tumble on poor Chinese trade data

Shares tumbled Friday in Asia, led by sharp declines in Shanghai and Hong Kong, after China reported its exports plunged more than 20 percent in February from a year earlier......»»

Category: topSource: foxnewsMar 8th, 2019

The FTC"s Lawsuit Against LendingClub Could Have "Manageable" Outcome, Says Morgan Stanley

LendingClub Corp (NYSE: LC) shares plunged nearly 14 percent Wednesday but began to recover Thursday after the Federal Trade Commission accused the firm of deceptive practices......»»

Category: blogSource: benzingaApr 26th, 2018

Zillow stock sinks on company"s plan to start flipping homes

Shares of Zillow plunged 9 percent on Friday after the online real estate database company announced it will begin buying and selling homes......»»

Category: topSource: moneycentralApr 13th, 2018

Zillow stock sinks on company"s plan to start flipping homes

Shares of Zillow plunged 9 percent on Friday after the online real estate database company announced it will begin buying and selling homes......»»

Category: topSource: moneycentralApr 13th, 2018

Rusal shares plunge over 40 percent on U.S. sanctions

HONG KONG (Reuters) - Shares of Russian aluminum giant United Company Rusal Plc plunged as much as 41.8 percent on Monday as investors bailed on the stock after it was included in a new list of U.S. sanctions targeting Russian companies and their owners......»»

Category: topSource: reutersApr 9th, 2018

MoviePass owner"s stock has plunged to less than a dollar

Shares of MoviePass owner Helios and Matheson Analytics plunged more than 30 percent in Wednesday trading, after falling 31 percent a day earlier......»»

Category: topSource: moneycentralMay 9th, 2018

Symantec plunges 30 percent amid internal probe

Shares of the security software company Symantec plunged more than 30 percent Fridayl after the company revealed an internal investigation that could delay its annual report......»»

Category: topSource: moneycentralMay 11th, 2018

KemPharm"s ADHD Candidate Meets Efficacy, Safety Trial Endpoints

KemPharm Inc (NASDAQ: KMPH) shares plunged nearly 7 percent off Monday’s open despite news that its KP415 candidate for ADHD met primary and secondary endpoints i read more.....»»

Category: blogSource: benzingaJul 9th, 2018

Facebook stock plunge: Brief setback or portent of trouble?

Thursday's massacre of Facebook shares, which plunged 19 percent in the biggest one-day drop in history, answers one big question......»»

Category: topSource: foxnewsJul 27th, 2018

Linde shares drop as Praxair merger hits U.S. antitrust hurdle

Shares in Linde plunged more than 8 percent on Monday after the industrial gases group's planned $87 billion merger with Praxair was put in doubt by demands from U.S. antitrust regulators......»»

Category: topSource: reutersAug 6th, 2018