Month: December 2021

Nordea Investment Management AB lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 103.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 440,632 shares of the transportation company’s stock after buying an additional 223,691 shares during the quarter. Nordea Investment
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When Southeast Asian ride-hailing and delivery company Grab Holdings (NASDAQ:GRAB) completed a reverse merger with special purpose acquisition company Altimeter Growth Corp. in early December it made history as the largest company to go public via a SPAC merger. Yet, this didn’t stop GRAB stock from plummeting more than 20% on the day of the merger.
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Inflation has been surging, including a 6.8% increase in November compared to the prior year. This was the largest year-over-year increase in nearly four decades. The Federal Reserve’s response could boost some dividend stocks. In order to help keep inflation from spiraling out of control, the Fed announced that tapering of asset purchases would likely
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Sometimes a stock mysteriously rises without any identifiable logic. That’s essentially what happened in the case of AeroClean Technologies (NASDAQ:AERC) stock, which rose meteorically, only to quickly plummet.  Source: Maridav/ShutterStock.com It is really a very strange tale in the world of the stock market. There’s plenty of precedent in recent times for strange tales within
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Maryland State Retirement & Pension System raised its holdings in Conagra Brands, Inc. (NYSE:CAG) by 5.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,699 shares of the company’s stock after purchasing an additional 1,727 shares during the quarter. Maryland State Retirement &
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EV charging company ChargePoint’s (NASDAQ:CHPT)  revenue grew rapidly again last quarter. However, the market hasn’t paid much attention to that, and CHPT stock has lost over 28% of its value in the past month. Source: Michael Vi / Shutterstock.com The company wants investors to believe that it’s a software-as-a-service (SaaS) company, but the margins and
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Amalgamated Bank lowered its position in shares of Etsy, Inc. (NASDAQ:ETSY) by 3.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 30,734 shares of the specialty retailer’s stock after selling 1,180 shares during the quarter. Amalgamated Bank’s holdings in Etsy were worth $6,391,000 as of its most recent SEC filing. A number of
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RumbleOn (NASDAQ:RMBL), which operates an e-commerce platform to buy and sell pre-owned vehicles, is undergoing exciting changes that could transform the company. At the end of August, RumbleOn completed its acquisition of powersports dealer RideNow in a cash-and-stock transaction valued at more than $575 million. Following the deal’s completion, RMBL stock rallied as much as 40%
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Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday he believes there will be a Santa Claus rally this year despite the raging omicron variant that’s spiking Covid cases during the holidays. The seasonal stock market phenomenon has historically started around now and continued into the first days of
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Dividend Assets Capital LLC boosted its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 124.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 965 shares of the credit services provider’s stock after acquiring an additional 535 shares during the quarter.
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