Martens Shares Tumble
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GameStop, AMC tumble as meme stock rally fizzles after just two days
GameStop and AMC shares fell as the meme stock trading frenzy showed signs of fizzling early on its third day.CNBC - Business -
New Zealand Shares Jump 1.75% in Largest Gain Since November
New Zealand’s NZX-50 closed 1.75% higher at 11728.06, snapping a run of three losses with its largest one-day rise since early November.The Wall Street Journal - World - New Zealand -
KFC parent Yum Brands approves $2 billion in share buybacks
KFC and Pizza Hut parent company Yum Brands said its board had approved a new $2 billion share buyback program over the next two years.MarketWatch - Business -
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WuXi Shares Volatile as U.S. Bill Revised to Set Deadline for Decoupling
WuXi AppTec and its affiliates faced volatile trading after the introduction of a revised version of the Biosecure Act by U.S. lawmakers that gives U.S. companies time until 2032, after which business tie-ups with the named Chinese biotech firms ...The Wall Street Journal - Tech -
GameStop and AMC shares were halted 38 times on Tuesday. This expert has been arguing for decades that halts don’t work.
Charles M.C. Lee, professor emeritus at the Stanford Graduate School of Business, has been questioning the wisdom of trading halts for some time.MarketWatch - Business