Remove Banks Remove Bidding Remove Securities and Exchange Commission (SEC)
article thumbnail

Why Investors Had a Meltdown Over Virgin Galactic's Reverse Split News

The Motley Fool

Under New York Stock Exchange rules, stocks must maintain share prices of $1 or more, or risk getting delisted. Virgin Galactic currently has only $382 million left in the bank, net of debt. Hence the investors' knee-jerk reaction: selling Virgin Galactic stock on news of the reverse split. Why do companies reverse split?

article thumbnail

If You Invested $1,000 in Riot Platforms Stock 5 Years Ago, This Is How Much You'd Have Now

The Motley Fool

Even as Securities and Exchange Commission Chairman Gary Gensler continues to argue that Bitcoin is a "highly speculative, volatile underlying asset," Riot Platforms presses on as a relentless Bitcoin producer. As the central bank imposed a series of interest rate hikes, traders sold risk-on assets like Riot Platforms stock.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Could Bitcoin Be Worth More Than $1 Trillion in 2024?

The Motley Fool

The Bitcoin ETF factor Bitcoin's current rally has been driven, to a large extent, by investor anticipation of the first-ever spot Bitcoin exchange-traded fund (ETF) for the U.S. This new flow of money, presumably, would help to bid up the price of Bitcoin. In June, BlackRock led the way with a spot Bitcoin ETF application.

article thumbnail

Commercial Metals (CMC) Q1 2025 Earnings Call Transcript

The Motley Fool

The company's earnings release, most recent annual report on Form 10-K, and other filings with the Securities and Exchange Commission contain additional information concerning factors that could cause actual results to differ materially from those projected in forward-looking statements. Please go ahead. Hi, good morning.

article thumbnail

BlackRock's Bid for Bitcoin ETF is Giving Crypto a Boost

The Motley Fool

Playing with the Big Kids Cryptocurrencies hit the scene in 2009 with the launch of Bitcoin, and from there, tens of thousands emerged, acting as digital wallets on decentralized networks and unregulated by governments -- real bank-disruptor stuff. Those are listed on the Chicago Mercantile Exchange, a regulated venue.

article thumbnail

Medical Properties Trust (MPW) Q3 2024 Earnings Call Transcript

The Motley Fool

Our press release was distributed this morning and furnished on Form 8-K with the Securities and Exchange Commission. During the course of this call, we will make projections and certain other statements that may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

article thumbnail

Why Super Micro Computer Stock Is Pulling Back This Morning

The Motley Fool

In a regulatory filing with the Securities and Exchange Commission (SEC) and subsequent press release, the company said it is selling 2,100,700 shares of common stock. The company expects to raise a total of $524 million before deducting underwriting discounts, commissions, and other expenses.