Tag Archives: plummets

Beyond Meat plummets after debt swap massively dilutes shareholders

Beyond Meat plummets after debt swap massively dilutes shareholders

(Bloomberg) — Beyond Meat Inc. (BYND) tumbled the most since the company went public in 2019 after the troubled plant-based protein producer said nearly all creditors had accepted a debt swap that will lead to a substantial dilution of shareholders. Most Read from Bloomberg The stock sank as much as 58% to 84.5 cents in early trading, its worst-ever intraday …

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CarMax stock plummets after missed Wall Street’s expectations

CarMax stock plummets after missed Wall Street’s expectations

A sign is posted in front of a CarMax dealership on April 10, 2025 in Santa Rosa, California.  Justin Sullivan | Getty Images News | Getty Images DETROIT — Shares of CarMax were down by more than 20% in early trading Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations. The company’s results included earnings …

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Synopsys Stock Plummets 34% After Earnings. Here’s Why. – Barron's

Synopsys Stock Plummets 34% After Earnings. Here’s Why.  Barron’s Synopsys reports quarterly revenue below estimates, shares fall  Yahoo Finance Synopsys set to wipe out 2025 gains as shares tank on China business woes  Reuters Synopsys: Selloff Brings Shares Down, But Not Down Enough (NASDAQ:SNPS)  Seeking Alpha Synopsys Plunges After Trade War Weighs on Its Chinese Sales  Bloomberg.com Source link

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BYD Stock Plummets. How China’s EV Price War Tanked Tesla Rival’s Earnings. – Barron's

BYD Stock Plummets. How China’s EV Price War Tanked Tesla Rival’s Earnings.  Barron’s BYD shares slide as China’s EV price war hits profits  BBC BYD Profit Drop Shows Even EV Leader Isn’t Safe in Price War  Bloomberg.com BYD records consecutive monthly production drops for first time since 2020  Yahoo Finance BYD’s shares slide after steep fall in quarterly profit  Reuters Source link

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Russia’s Rosneft net income plummets 68%, Reuters reports

Russia’s Rosneft net income plummets 68%, Reuters reports

Russia’s Rosneft net income has fallen more than 68% to 245 billion roubles ($3 billion) in the first half of the year due to weak oil prices, Reuters reported on Aug. 30, citing industry sources. Oil prices were dragged down by production hikes by Saudi Arabia and other states of the Organization of the Petroleum Exporting Countries (OPEC+). The head …

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Orsted Stock Plummets to Record Low After Trump Halts U.S. Wind Farm – The New York Times

Orsted Stock Plummets to Record Low After Trump Halts U.S. Wind Farm  The New York Times Trump administration halts work on an almost-finished wind farm  NPR Orsted shares sink to record lows after US halts wind farm off Rhode Island  Reuters ISO-NE statement on Revolution Wind stop work order  ISO Newswire Democrats demand Trump resume a major offshore wind project near Rhode Island  AP News …

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Stellantis Plummets To The Bottom Of The Pack For Customer Satisfaction

Stellantis Plummets To The Bottom Of The Pack For Customer Satisfaction

Ram Automakers live or die based on how the public perceives them and their vehicles because it typically reflects the decisions made by prospective buyers before even setting foot on a dealership lot. On that front, Stellantis is struggling tremendously. The American Customer Satisfaction Index’s annual automotive survey was released earlier this …

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Spirit Airlines Stock Plummets 40% After Warning It May Not Survive Another Year

Spirit Airlines Stock Plummets 40% After Warning It May Not Survive Another Year

Topline Spirit Airlines stock plunged after the no-frills budget carrier warned it may not survive beyond a year in its quarterly filing, five months after emerging from bankruptcy and weeks after announcing it would furlough hundreds of pilots. Spirit Airlines, the poster child for no-frills flying, has warned it may not survive another year without more cash. getty Key Facts …

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Centene Stock Plummets After Earnings. The Health Insurer’s Results Were Even Worse Than Feared. – Barron's

Centene Stock Plummets After Earnings. The Health Insurer’s Results Were Even Worse Than Feared.  Barron’s Centene reports 2Q loss amid exchanges, Medicaid struggles  Modern Healthcare Centene’s stock roars back as investors cheer the devil they know about guidance  MarketWatch Centene Reports Loss, Citing Rising Medical Costs – WSJ  The Wall Street Journal Centene Clocks First Quarterly Loss In 13 Years, Stock Volatile (UPDATED)  Yahoo Finance …

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