One of the biggest stories for the financial markets in late 2022 is the collapse of the cryptocurrency platform FTX and the continuation of the crypto winter.
Netcapital Inc (NASDAQ: NCPL) shares are trading lower by 15.45% to $1.86 during Tuesday's after-hours session. The company announced that it intends to offer to sell shares of its common stock in an underwritten public offering.
Drive Shack Inc (NYSE: DS) shares are trading lower by 55.87% to $0.21 during Tuesday's after-hours session. The company announced today its intention to voluntarily delist from the NYSE and to deregister its common stock.
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One of the top short squeeze candidates of 2022 is no longer a candidate for high short interest with a buyout offer taking the company private after being public for 16 months.
Prothena Corporation PLC (NASDAQ: PRTA) shares are trading lower by some 8.35% to $57.95 during Tuesday's after-hours session. The company announced that it has commenced an underwritten public offering of 3,000,000 of its ordinary shares.
What Else?
Wharton Professor of Finance Jeremy Siegel has been pounding the table on inflation over the past few months, urging the Fed to abandon lagging indicators. That didn't stop Tuesday when he called the inflation print
Bank of America analysts said in a note on Tuesday that the investment arm of the bank is staying away from payment stocks including Affirm Holdings Inc (NASDAQ: AFRM), Discover Financial Services (NYSE: DFS), and
Investors are on the hunt for undervalued, underfollowed and emerging stocks to spot opportunities. The rise of social media and retail traders gave way to countless methods to uncover new information. For some, this is overwhelming.