Monday, November 28

Tag: stocks

McDonald’s CEO Makes a Big Political Statement (Some Won’t Like It)
Politics

McDonald’s CEO Makes a Big Political Statement (Some Won’t Like It)

Chief executives and political commentary rarely go well together — when outgoing Whole Foods CEO John Mackey went on a podcast to say that the "socialists are taking over" and young people "don’t seem like they want to work," the internet did not let him retire without one last scandal.The latest person to make a splash with his remarks is McDonald's  (MCD)  chief executive Chris Kempczinski. During a conference at the Economic Club of Chicago, Kempczinski drew attention to the issue of crime in the Midwestern metropolis that serves as the headquarters of the Golden Arches.The city alone has more than 400 restaurants and, Kempczinski told reporters at the event, rising crime has been making it difficult to run many of them.ShutterstockKempczinski: 'Violent Crime In Our Restaurants'"We hav...
17 Education & Technology Group (NYSE:YQ) Shares Up 0.5%
Science

17 Education & Technology Group (NYSE:YQ) Shares Up 0.5%

17 Education & Technology Group Inc. (NYSE:YQ – Get Rating) shares shot up 0.5% on Friday . The stock traded as high as $2.02 and last traded at $1.96. 53,714 shares were traded during trading, a decline of 68% from the average session volume of 169,665 shares. The stock had previously closed at $1.95. 17 Education & Technology Group Stock Up 0.5 % The company has a 50-day moving average price of $1.85 and a two-hundred day moving average price of $2.01. The stock has a market capitalization of $96.65 million, a P/E ratio of -0.75 and a beta of -0.35. 17 Education & Technology Group (NYSE:YQ – Get Rating) last announced its quarterly earnings results on Thursday, June 9th. The company reported $0.01 earnings per share for the quarter. The firm had...
OneConnect Financial Technology (NYSE:OCFT) Shares Down 5.4%
Science

OneConnect Financial Technology (NYSE:OCFT) Shares Down 5.4%

Shares of OneConnect Financial Technology Co., Ltd. (NYSE:OCFT – Get Rating) traded down 5.4% during trading on Friday . The company traded as low as $2.10 and last traded at $2.12. 11,907 shares traded hands during trading, a decline of 100% from the average session volume of 2,473,097 shares. The stock had previously closed at $2.24. Separately, JPMorgan Chase & Co. cut shares of OneConnect Financial Technology from a “neutral” rating to an “underweight” rating in a research note on Monday, March 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price...
Converge Technology Solutions Corp. (TSE:CTS) Director Purchases C$24,400.00 in Stock
Science

Converge Technology Solutions Corp. (TSE:CTS) Director Purchases C$24,400.00 in Stock

Converge Technology Solutions Corp. (TSE:CTS – Get Rating) Director Ralph Garcea bought 4,000 shares of the business’s stock in a transaction dated Thursday, May 12th. The shares were purchased at an average cost of C$6.10 per share, with a total value of C$24,400.00. Following the completion of the acquisition, the director now owns 58,000 shares in the company, valued at C$353,800. Shares of CTS stock traded up C$0.06 during trading hours on Friday, hitting C$6.15. The stock had a trading volume of 856,979 shares, compared to its average volume of 679,687. The firm has a market capitalization of C$1.32 billion and a PE ratio of 76.88. Converge Technology Solutions Corp. has a twelve month low of C$5.88 and a twelve month high of C$13.09. The stock’s 50 day movin...
Why Stocks Are Better Than Crypto
Opinion

Why Stocks Are Better Than Crypto

Stocks are a traditional form of investment that represents ownership of a business. Unlike cryptocurrencies, stocks represent a claim on assets, instead of a proportionate ownership stake. A study of retail investors found that 35% of them believe cryptocurrencies provide more potential for profit than stocks, while 30% say they prefer stocks over cryptocurrencies. Although these percentages are very small, they are still indicative of the general public's view on these assets. Stocks represent ownership in an actual business A stock is a unit of ownership that represents a fraction of the equity in an organization. Unlike bonds, which are loans to creditors, stocks are issued by companies to raise capital or expand their operations. They are issued in two main types: common stock ...