Ben Axler

According to the largest provider of private-label credit cards in the U.S., consumers — pressured by years of persistent inflation — are reducing spending as the economic outlook worsens. What To Know: Synchrony Financial's (NYSE:SYF) chief credit officer Max Axler told Reuters that while most...

Shares of iRobot Corporation (NASDAQ:IRBT) fell over 16% on Monday after the company's highly anticipated $1.7 billion merger deal with Amazon.com, Inc. (NASDAQ:AMZN) fell apart, taking its stock below 52-week lows. Shares in the company recovered during Monday afternoon, to reach a 7% daily drop...

Monday, Aravive Inc (NASDAQ: ARAV) filed its quarterly 10Q for the quarter ended 30 June with the SEC. To preserve cash, the company terminated Phase 1b/P2 trials of batiraxcept in Clear Cell Renal Cell Carcinoma (ccRCC) and pancreatic adenocarcinoma. It will not continue either...

U.S. stocks were mixed toward the end of trading, ahead of earnings reports from Apple Inc. (NASDAQ: AAPL) and Amazon.com, Inc. (NASDAQ: AMZN). The Dow traded down 0.05% to 35,264.79 while the NASDAQ rose 0.05% to 13,980.50. The S&P 500, also fell, dropping, 0.11% to 4,508.46. Check This Out...

Gainers Bluejay Diagnostics, Inc. (NASDAQ: BJDX) shares jumped 75% to $9.60. Adamis Pharmaceuticals Corporation (NASDAQ: ADMP) gained 60.2% to $2.13. Adamis Pharmaceuticals shares declined around 67% on Wednesday after the company reported pricing of $8 million public offering of 5.93 million...

U.S. stocks were mixed midway through trading, with the Nasdaq Composite edging higher on Thursday. The Dow traded down 0.10% to 35,245.80 while the NASDAQ rose 0.02% to 13,976.60. The S&P 500, also fell, dropping, 0.19% to 4,504.90. Check This Out: Yum! Brands To Rally Around 20%? Here Are 10...

U.S. stocks were lower this morning, with the Dow Jones falling over 100 points on Thursday. Following the market opening Thursday, the Dow traded down 0.37% to 35,153.58 while the NASDAQ fell 0.37% to 13,921.89. The S&P 500, also fell, dropping, 0.50% to 4,491.00. Check This Out: Yum! Brands...

Gainers Adamis Pharmaceuticals Corporation (NASDAQ: ADMP) shares surged 64.6% to $2.19 in pre-market trading. Adamis Pharmaceuticals shares declined around 67% on Wednesday after the company reported pricing of $8 million public offering of 5.93 million units at a price of $1.35 per unit. T2...

Aravive Inc (NASDAQ: ARAV) shares plunged after the company's Phase 3 AXLerate-OC trial evaluating the safety and efficacy of batiraxcept in platinum-resistant ovarian cancer did not meet its primary endpoint of progression-free survival (PFS) in the pre-specified subset of patients na...

On Monday's (Oct. 24) episode of the "Stock Market Movers," host Mitch Hoch spoke to Ben Axler, founder and chief investment officer of Spruce Point Capital Management about the biggest opportunities and short potentials for retail investors. Axler and Hoch went through...

Who doesn’t like reading or watching a TV show or movie about rich people behaving badly? In the 1980s, there was “Dynasty,” the ‘90s revelled in “Absolutely Fabulous,” the aughts had “Gossip Girl” and “Arrested Development," and early...

On Dec. 13, 2018, short-selling firm Spruce Point Capital Management LLC took XPO Logistics Inc. (NYSE: XPO) to the woodshed in one of the harshest attacks ever directed at a publicly traded transportation and logistics company. XPO, Spruce Point wrote in a 69-page report, relies on asset sales,...

Days after thousands of employees and truck drivers for Celadon Group Inc. received word that one of North America's largest carriers was filing for Chapter 11 bankruptcy protection, many are still struggling to take in the news. While rumors were swirling on social media that the carrier was in...