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Bitcoin Proxy MicroStrategy Director Sells 40K Company Shares Worth $12M As Stock Hits All-Time High
Wednesday, November 13, 2024 - 9:24am | 487MicroStrategy Inc. (NASDAQ:MSTR) director Leslie J. Rechan has executed a significant sale of company shares, amounting to approximately $12 million, as per a recent SEC filing. The transactions were disclosed on Wednesday. What Happened: Rechan exercised stock options to acquire 40,000 shares of...
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Nvidia For The First Time Identifies China's Huawei As Significant Rival In AI Chip Arena
Friday, February 23, 2024 - 3:33am | 550For the first time, Nvidia Corporation (NASDAQ:NVDA) has named Huawei Technologies as a major rival in the artificial intelligence (AI) chip market. What Happened: Nvidia, in a filing with the Securities and Exchange Commission on Wednesday, recognized Huawei as a top competitor in various...
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Osmotica's IPO: What You Need To Know
Thursday, October 11, 2018 - 12:27pm | 399Drug developer Osmotica Pharmaceuticals is expected to begin trading Thursday on the Nasdaq Global Market under the ticker symbol “OSMT.” The Details Over 60 percent of Osmotica's total revenues in 2017 and 80 percent of the first half of 2018 were produced by the sales of generic...
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Meet Twitter's Latest Bull: Saudi Prince Alwaleed
Wednesday, October 7, 2015 - 10:32am | 355Shares of Twitter Inc (NYSE: TWTR) have lost 23 percent year-to-date and nearly 50 percent from a year ago. Prince Alwaleed Bin Talal, a Saudi-national billionaire and investment manager, added to his ownership stake of Twitter on Tuesday. According to CNBC, Bin Talal along with his...
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Talbots Prepares to Fend Off Private Equity Takeover
Tuesday, August 2, 2011 - 8:58am | 176Beleaguered retailer Talbots (NYSE: TLB) has adopted a so-called poison pill stockholder rights plan, following media reports that a private equity firm is considering buying the company. Under the new plan, if a single investor buys a stake of more than 10%, Talbots may issue shares at a discount...