GameStop pledged on Friday to pursue its proposed takeover of eBay , even after the e-commerce firm rejected an unsolicited cash-and-stock offer of about $56 billion from the videogame retailer.
Tag: Shareholder Activism
Wendy’s highly shorted shares jumped to a more than seven-month high on Wednesday as retail traders flocked to the beaten-down stock of the fast-food chain, in the latest meme-like rally.
Southwest Airlines expects Boeing’s long-delayed 737 MAX 7 to enter revenue service in 2027 and remains focused on the MAX family rather than adding another aircraft type to reduce risk, Chief Operating Officer Andrew Watterson told Reuters on Saturday.
Lululemon Athletica shares fell about 8% on Friday after the athleisure wear maker cut its annual profit forecast, fanning worries over the pace of its turnaround and shifting focus to the challenges awaiting the incoming CEO.