investors Archives - Rush Hour Daily

Evergrande shares have been suspended in Hong Kong as the company tries to raise money

Crisis-hit Evergrande, a Chinese real estate conglomerate, has halted trading in its Hong Kong stock as investors await details on its restructuring plan. The cause for the trading stop was…

By Staff Writer January 3, 2022

Saudi Aramco, the World’s most profitable company, Plans to Go Public

Many famous companies have gone public in the past. Now, Saudi Arabia’s state-owned oil producer, Saudi Aramco, has announced its plans to go public. It will have the largest initial…

By muhammad suleman November 4, 2019

Facebook Stock Plummets

Facebook face-palm Before Facebook’s announcement regarding privacy issues late Wednesday, the company’s stock was doing well. It rose just under one percent, giving Facebook a new record high stock…

By Ben Norman July 26, 2018

Netflix Stock Drops After Failing to Meet Expectations

Netflix’s victories still fall short with investors Netflix gained over five million subscribers last quarter, but that fact did not appease the company’s investors, who estimated that the media…

By Ben Norman July 17, 2018

Broadcom purchases CA Technologies

Semiconductor manufacturer Broadcom announced its acquisition of software firm CA Technologies for $19 billion. The deal will expand the horizons of a company that focuses solely on semiconductors – now,…

By Ben Norman July 13, 2018