Chewy Inc (NYSE:CHWY) shares are trading lower in Thursday’s after-hours session after the company announced a public offering by a selling stockholder and a concurrent share repurchase. What Happened: After the market close, Chewy announced an underwritten offering of $500 million of its common stock by Buddy Chester Sub LLC, which is an entity affiliated with funds […]
What’s Going On With Peloton Stock Wednesday?
Adam Eckert | August 14, 2024
Peloton Interactive Inc (NASDAQ:PTON) shares are seeing increased attention Wednesday on what appears to be continued momentum following the company’s content distribution deal with Google’s Fitbit. What Happened: Peloton announced a multi-year content distribution partnership with Alphabet Inc (NASDAQ:GOOG) Tuesday afternoon to offer a wide portfolio of Peloton classes to Fitbit Premium users, starting in […]
Bitcoin Mining Stocks Marathon Digital, CleanSpark And Riot Platforms Are Rising: What’s Going On?
Adam Eckert | July 11, 2024
Bitcoin (CRYPTO: BTC) mining stocks including Marathon Digital Holdings Inc (NASDAQ: MARA), CleanSpark Inc (NASDAQ: CLSK) and Riot Platforms Inc (NASDAQ: RIOT) are rising Thursday as bitcoin bounces off recent lows. Here’s a look at what you need to know. What To Know: Bitcoin is up about 0.35% over the last 24 hours and has risen approximately 1.56% over the past week. The bounce back Thursday appears to be driving strength […]