Traders outraged as Ryan Cohen bags $68M selling Bed Bath & Beyond stock

‘Meme stock’ icon Ryan Cohen infuriated some Redditors after bagging an eight-figure payday whereas dumping his total activist stake in struggling retailer Bed Bath & Beyond. Cohen, the billionaire Chewy.com founder and GameStop chairman, disclosed that his agency RC Ventures had exited its place. Cohen earned a $68.1 million revenue on the stock, producing a […]

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Stocks making the biggest moves premarket: Deere, Foot Locker, Bed Bath & Beyond and more

Try the corporations making headlines earlier than the bell: Deere (DE) – Deere slid 5.2% in premarket buying and selling after the heavy tools maker missed quarterly earnings estimates regardless of higher-than-expected gross sales. Deere earned $6.16 per share, beneath the consensus estimate of $6.69, because it efficiently applied worth hikes but additionally confronted greater […]

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Stocks making the biggest moves premarket: Honest Firm, Rivian, Illumina and others

Try the corporations making headlines earlier than the bell: Honest Company (HNST) – Honest Firm’s inventory rose 1.6% in the premarket regardless of a wider-than-expected quarterly loss. The pure client merchandise maker now sees a wider full-year loss than beforehand thought, on account of value pressures, however expects enchancment as the 12 months goes on, […]

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