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News Category: Companies

Global Payments Shares Crash 17% After $24B Worldpay Merger Announcement

Global Payments Shares Crash 17% After $24B Worldpay Merger Announcement

Global Payments’ $24B Worldpay acquisition and $13.5B Issuer Solutions sale reshape the payments landscape but spark a 17% stock plunge amid integration concerns and market uncertainty.

CoreWeave’s 250,000 Nvidia Chips Raise Concerns Pre-IPO Launch

CoreWeave’s IPO raises investor concerns due to its reliance on 250,000 Nvidia GPUs, significant debt, and supplier concentration. As AI grows, CoreWeave’s ability to manage these challenges will shape cloud computing’s future.

Forge Global Announces 1-for-15 Reverse Stock Split to Maintain NYSE Listing

Forge Global Announces 1-for-15 Reverse Stock Split to Maintain NYSE Listing

Forge Global Holdings, Inc. (NYSE: FRGE), a leading global private securities marketplace, has announced that its Board of Directors has approved a 1-for-15 reverse stock split of its Common Stock, effective April 14, 2025. The company expects its shares to …

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Sunnova Energy Implements Tax Asset Preservation Plan to Protect Net Operating Losses

Sunnova Energy International Inc. (NYSE: NOVA), a leading solar energy services provider, announced on March 28, 2025, the implementation of a Tax Asset Preservation Plan designed to protect its net operating losses (NOLs) and other tax attributes. The company’s board …

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GoPro Faces NASDAQ Delisting Risk as Stock Falls Below $1 Minimum Requirement

GoPro, Inc. (NASDAQ: GPRO) announced on Friday that it has received a deficiency notice from The NASDAQ Stock Market for failing to maintain the minimum bid price requirement of $1.00 per share. The action camera manufacturer’s stock has traded below …

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BioAtla Reports $69.8 Million Net Loss in 2024 with Promising Clinical Development Progress

BioAtla, Inc. (NASDAQ: BCAB), a clinical-stage biopharmaceutical company developing conditionally active biologics (CABs) for solid tumor treatments, reported a net loss of $69.8 million for the fiscal year ended December 31, 2024. This represents a significant improvement from the $123.5 …

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