These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from June 20 through June 26, 2024. Source:
While the media and sell-side analysts are preoccupied with Nvidia , Microsoft and Apple jockeying for the top market cap, the smart money’s been selling tech and internet stocks. That’s what Goldman Sachs reports, in the latest readout from the prime services unit that caters to the broker’s hedge fund clients. The June report from
Rivian Automotive is making progress on costs, putting it in position to sell its next generation of cars and parts for less than it spends to produce them, the EV maker said as it updated investors on its business days after announcing a blockbuster joint venture with Volkswagen . Shares were down in early Thursday
Justin Timberlake has just cashed in on runaway home price growth in Nashville, Tennessee, parting with an almost 127-acre swath of land on the outskirts of town. Timberlake, 43, said “Bye Bye Bye” to the property at the end of May, selling it for $8 million. While that’s less than the $10 million asking price
These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from June 6 through June 12, 2024. Source:
Instacart Stock Jumps on More Buyback News. Why Investors Are Bullish.
Shares of Instacart parent Maplebear jumped 9% on Thursday as investors cheered on news of more buybacks from the grocery delivery firm. Instacart’s board approved another $500 million new share repurchase program on June 2, according to a regulatory filing on Thursday. Buybacks are usually a sign of management’s optimism in the company’s growth potential