Tag Archives: Plunges

Marvell Technology (MRVL) shares crashed 18.60% on Friday after the company issued a weaker-than-expected forecast for the third quarter. The sharp decline came despite second-quarter results showing strong growth in revenue, steady profits, and earnings in line with expectations. However, investors focused on the outlook rather than the recent gains, which led to a selloff in the stock. Elevate Your …

Marvell Technology (NASDAQ:MRVL) shares tumbled Friday after the chipmaker’s upbeat second-quarter results were overshadowed by underwhelming third-quarter guidance, prompting Wall Street to trim price forecasts and deepening investor concerns over the near-term outlook. Marvell posted adjusted earnings of 67 cents per share, edging past Wall Street’s forecast of 66 cents. Revenue came in at $2.006 billion, just shy of the …

Towering dust storm known as a haboob plunges Phoenix into darkness  The Washington Post Towering wall of dust rolls through metro Phoenix, leaving tens of thousands without power  yahoo.com Haboob hits Arizona, thunderstorms dump heavy rain across metro Phoenix  AZFamily Massive dust storm slams Phoenix, causing damage, airport delays and power outages  CNN Phoenix Dust Storm Forces Dozens of Flights to Divert  Business Insider Source …

When is a window not a window? Air carriers United Airlines (UAL) and Delta Air Lines (DAL) would like to know after both stocks plunged today on reports that they are being sued by millions of passengers who did not get the window seats they had been promised. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! …

MAGA erupts over Cracker Barrel logo change, and stock plunges  Axios Cracker Barrel loses almost $200 million in value as stock plunges after new logo release  CBS News Cracker Barrel stock plunges amid brand makeover backlash  Fox Business Cracker Barrel unveils new logo and it’s not pleasing everyone  USA Today Cracker Barrel loses $94 million in a day after disastrous rebrand sparks MAGA outrage  The …

Cracker Barrel shed almost $200 million in market value after its stock plunged Thursday following the release of a new logo. The new design eliminates a longstanding drawing of an overall-clad man leaning against a barrel, in favor of a cleaner logo featuring just the chain’s name. Shares of Cracker Barrel fell as much as $8.74, or almost 15%, in …

Key Takeaways Viking Therapeutics reported a large number of patients dropped out of a study of its experimental weight-loss pill. Overall, 28% of those taking VK2735 left the Phase 2 trial early compared with 18% among placebo subjects. The research showed the pill reduced the weight of patients who took it for 13 weeks by up to 26.7 pounds. Viking …

Palantir (PLTR) shares tumbled Tuesday afternoon, extending recent losses as a high-profile short seller fueled worries the stock could be overvalued after a strong run earlier this year.  The shares fell over 9% to close just under $158, in the fifth straight day of declines. Still, they’ve more than doubled in value in 2025, leaving Palantir the best-performing stock in …

Key Takeaways The S&P 500 slid 0.6% on Tuesday, Aug. 19, 2025, as tech losses weighed on the index.  Palantir shares plunged as a well-known short seller expressed concerns about the stock’s elevated valuation. Intel stock surged as SoftBank announced a major investment in the chipmaker. Major U.S. equities indexes were mixed Tuesday as tech sector losses weighed on their …

Palantir (PLTR) shares tumbled Tuesday afternoon, extending recent losses as a high-profile short seller fueled worries the stock could be overvalued after a strong run earlier this year.  The shares fell over 9% to close just under $158, in the fifth straight day of declines. Still, they’ve more than doubled in value in 2025, leaving Palantir the best-performing stock in …