Tag: Investors

Investor Deadline Approaching: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline in Securities Fraud Class Action Lawsuit Filed Against CytoDyn Inc. (CYDY) | News

RADNOR, Pa., May 3, 2021 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that securities fraud class action lawsuit has been filed against CytoDyn Inc. (OTCMKTS: CYDY) (“CytoDyn”) on behalf of those who purchased or acquired CytoDyn common stock between March 27, 2020 and March 9, 2021, inclusive (the “Class Period”).

Deadline Reminder: Investors who purchased or acquired CytoDyn common stock during the Class Period may, no later than May 17, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how

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$100 million New Jersey deli has Macao investors who are hard to find

The office building on Avenida Da Praia Grande in Macao, China, the address for multiple entities listed as investors in Hometown International, the owner of a single New Jersey deli.

Catarina Domingues | CNBC

You can buy an actual sandwich at that mystery New Jersey deli — but good luck finding some of the biggest investors in the $100 million company that owns only that one eatery.

CNBC tried — hard — without success to locate a group of four investment entities purportedly based in Macao who comprise the largest shareholder group in deli owner Hometown International.

One of

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Investors fret as corporate activism overtakes shareholder prioritization

Increasing corporate involvement in political and social justice initiatives has led some investors to worry they are straying from solely prioritizing shareholder value.

Over the past few months, and really years, companies have begun to wade further into the realm of politics and issues of social justice that don’t directly have an impact on their bottom lines. Executives at major companies are championing environmental, social, and political causes in droves.

Several corporations caused a stir when they became involved with opposing Georgia’s new voting law. The law, which was passed by Republicans in the fallout of the 2020 presidential

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Retail investors continue to jump into the stock market after GameStop mania

Pavlo Gonchar | LightRocket | Getty Images

Retail investors are continuing to jump into the market in droves even after the dust has settled from the GameStop trading saga.

The major online brokers continue to see elevated app downloads, well above levels from last year, according to JMP Securities using SimilarWeb app download data.

Millennial-favored stock trading app Robinhood saw app downloads top 2.1 million in February, a 55% increase from a year ago. While that was down from January’s banner month, where Robinhood saw more than 3.6 million downloads, the data shows the rookie investors are still coming into

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Stanley Druckenmiller, Bill Ackman among early Coupang investors

Stanley Druckenmiller (L), and Bill Ackman

CNBC

South Korean e-commerce giant Coupang, which soared in its Wall Street debut, got early backing from a couple high-profile investors: Stanley Druckenmiller and Bill Ackman.

Coupang, dubbed the Amazon of South Korea, nearly doubled from its initial public offering price of $35 per share shortly after Thursday’s midday open on the New York Stock Exchange.

The stock later pared those gains and closed up almost 41% at $49.25 per share, giving Coupang a market capitalization of $84.5 billion.

Druckenmiller, the billionaire CEO of the Duquesne Family Office, has been a longtime,

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