stock

15Jul

By THEIRL1ADMIN01No Comments

DAILY DEALS

The Laila Earrings Are Back In Stock!

BACK IN STOCK The Laila Hoops The beloved Laila Hoops and Mini Laila Hoops are back in stock in gold vermeil and sterling silver. Featuring a delicate shape with a curved, flat edge, and mimicking the organic shapes of leaves and petals, the Laila Hoops provide a modern twist on a classic shape.

The Anonymity Of Redditors Who Discussed GameStop Stock Will Likely Be Protected By The First Amendment

4Apr

By THEIRL1ADMIN01No Comments

BUSINESS

The Anonymity Of Redditors Who Discussed GameStop Stock Will Likely Be Protected By The First Amendment

GameStop, the video game retail chain, saw its stock rise as much as 1,800% in January 2021 after fans, who believe the stock was unfairly devalued by large investors, championed the stock’s purchase. Because WallStreetBets, an online group on the social news platform Reddit, generated intense interest in the stock, some financial experts have speculated as to whether the group engaged in market manipulation – that is, engaging in deceptive speech or stock purchasing tactics to artificially inflate the price of a stock. Experts also wonder whether the commission-free investment app Robinhood engaged in improper behavior when it restricted buyers’ ability to purchase GameStop shares, resulting in their subsequent decline. As a law professor who teaches classes on the First Amendment, I f...

Will Trump shut down the stock market? 4 questions answered

16Mar

By THEIRL1ADMIN01No Comments

COVID-19, IN OTHER NEWS

Will Trump shut down the stock market? 4 questions answered

Financial markets across the globe have plunged repeatedly in recent weeks over concerns about the growing economic toll from the coronavirus pandemic, on some days falling over 10%. This has raised the question of whether governments should shut down their stock markets until the panic subsides. We asked Jonathan T. Fluharty-Jaidee, a finance expert at West Virginia University, what measures financial exchanges have to stem panic selling and whether he believes a shutdown would be a good idea. 1. What measures prevent a free fall in prices? Most financial markets around the world have so-called circuit breakers that are triggered when overall prices drop by a certain magnitude. For example, if the price of the Standard & Poor’s 500 index falls 7% from its previous close, trading of a...

4Apr

By THEIRL1ADMIN01No Comments

Journalism

WeWork considers slashing IPO valuation for stock market debut

Outlook for the shared workspace company is cooling, after disappointing offerings this year from Lyft and Uber. WeWork's initial public offering won't be quite the celebration the office-rental unicorn once foresaw. The New York-based startup is considering seeking a valuation of about $20 billion to $30 billion in the IPO, people with knowledge of the matter said. The range could end up closer to $20 billion, said one of the people, which would be less than half the valuation it secured from its biggest backer just a few months ago. The outlook for the public debut of WeWork, which has racked up billions of dollars in losses in recent years as the company funds grand ambitions, is cooling after the disappointments of other major IPOs this year such as Lyft In...