Latest in NASDAQ

Publicly-traded in-theater advertising network National CineMedia may be delisted from the Nasdaq stock market if its share price doesn't perk up. An SEC filing said the company has received written notice from Nasdaq that it's not in compliance with the $1 minimum bid price required for listing and…

Stocks posted steep losses across the board Thursday after a major rate hike by the U.S. central bank and comments by Fed chief Jerome Powell exacerbated recession fears. The Dow plunged by more than 700 points, closing below 30,000 for the first time since January 2021. The Nasdaq sank by more than 4%, down by more…

After retreating on Thursday due to Russia’s invasion of Ukraine, U.S. stock markets rebounded sharply today as bargain-hunters bought in and investors cheered news of possible diplomatic talks. While the stunning act of military aggression continues to cast a pall over the economies of much of the West, the Dow Jones…

Wall Street had a wild start to the week, with stock markets rebounding to end Monday higher after plunging on worries about rising interest rates and tensions in Ukraine. Media stocks mostly ended up in positive territory, though AMC and Netflix were notable exceptions, declining 7% and 2.6%, respectively. The Dow…

Triller, the social media platform majority-owned by former Relativity Media chief Ryan Kavanaugh, is going public in a reverse merger with ad tech firm SeaChange. The deal will result in a new entity called TrillerVerz, which will be valued at $5 billion and trade on the Nasdaq under the new ticker symbol ILLR…

A holiday-shortened trading day on Wall Street couldn’t keep bears from rampaging, as the Dow Jones Industrial Average dropped 905.04 points in its worst single outing of 2021. The major index closed the day at 34,899.34, off 2.5%, its biggest decline since October 28, 2020, with news of a new variant of Covid the…

UPDATED after market close: U.S. stocks opened, traded, then closed, higher Wednesday with tech leading throughout the day after massive gyrations overnight as the U.S. presidential election continue to unfold. The tech-heavy Nasdaq finished the session up a massive 3.85%; the S&P 500 up 2.2%; and the DJIA 367 points…

Shares in Amazon broke the $3,000 barrier to finish Monday’s trading session at an all-time record of $3,057.04, leading a wave of tech stocks at record highs. The tech-heavy Nasdaq Composite itself continues to set records, closing Monday at 10,433.65. It has gone up 14% in 2020 to date, erasing steep losses in…

The Nasdaq cracked the 10,000-point mark for the first time Tuesday before cooling off to close at 9,953.75, a gain of 29.1 points for the day. Over the past year, the tech-heavy index has climbed 33%, far outpacing economic growth and downright contradicting the bleak picture of unemployment and collapse over the…

While COVID-19 has turned the lights out on college and pro sports for the time being, sports betting firm DraftKings went public Friday after closing a $3.3 billion, three-way merger with Hollywood ties. The company’s shares rose more than 12% in early trading after opening at $17.53 on the Nasdaq under the ticker…

Chinese companies that list on American stock exchanges may be de-listed and American investment in China limited if a drastic plan being discussed by the Trump administration is put into action. Bloomberg News reported that internal discussions are being held on the issue, but no imminent action is expected. The two…

UPDATED with closing numbers An escalation of the U.S.-China trade war Friday, with new tariffs eliciting harsh rhetoric from President Donald Trump, sent U.S. stocks tumbling as the media business kept a wary eye on the situation. The Dow Jones Industrial Average entered the final minutes of trading at 25,628.90…