Alta Equipment Group blindsides investors with brutal profit cut—stock tumbles in dramatic response
Shares of Alta Equipment Group Inc. saw a sharp decline, falling 6.6% after the company announced a downward revision to its 2024 profit outlook, sparking ... Read More
Hewlett Packard Enterprise stock slides following $1.35bn stock offering to fund Juniper deal
Hewlett Packard Enterprise (HPE) saw a significant decline in its stock price after announcing a $1.35 billion mandatory convertible preferred stock offering. The offering aims ... Read More
Renalytix plc terminates formal sale process amid strategic realignment and market reaction
Renalytix plc, a prominent player in artificial intelligence-enabled in vitro diagnostics, has officially terminated its Formal Sale Process, citing a lack of viable acquisition offers ... Read More