Figma’s shares dropped 19% today after the business presented its first earnings report after going public in July. Even though the company outperformed revenue projections with $249.6 million in sales in the second quarter, a 41% rise from the same time last year, the stock’s large decrease demonstrates that investors are unhappy with the slowing … Read more
The stock of American Eagle Outfitters (AEO) went up 35% today, making it the largest winner on the NYSE. The stock started at $13.54 and ended at $18.45. The increase is because people are excited about a viral ad campaign with actress Sydney Sweeney and the company’s second-quarter earnings were higher than predicted. These two … Read more
Bullish (BLSH), a crypto trading platform backed by big-name investors, lost 13% today as people sold off their holdings and attention reverted back to high valuations. Shares have been falling since they went public on the NYSE for the first time in August at $37 and then rose to $118 on the first day. This … Read more
Macy’s shares went up 17% today after the retailer posted its first same-store sales gain in three years and raised its profit outlook for the whole year. The second quarter results were better than predicted, which means that Macy’s attempt to turn things around by updating locations and making products more personal is starting to … Read more