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Stock Market Live Friday 15/01 – Lemonade (LMND) Stock Plunges After Citron Research Tweet

Updated: 15 Jan 2021

Latest 16:54
Citron Research Trashes Lemonade

Shares of insurance platform Lemonade (NYSE: LMND) fell as much as 11% short-seller research firm Citron said the stock should be trading at 43% below current levels. They are currently priced at $153, down 3.47%.

Here you can see the full video where Citron was scathing in its assessment of Lemonade:

16:49
BlackBerry, Facebook

BlackBerry (NYSE: BB) said it has reached a settlement with Facebook in their global patent dispute.

The Best Tech Stocks To Buy Right Now

BlackBerry shares are trading 15.42% higher at $10.52 so far today.

16:45
Bumble Files For IPO

Bumble Inc has filed for an IPO of up to $100 million seeking a Nasdaq listing, according to an SEC filing.

16:35
European Markets Close

  • FTSE 100: -0.99%
  • DAX: -1.45%
  • STOXX 50: -1.10%
  • IBEX 35: -1.66%
  • CAC 40: -1.22%

Check out The Best AIM Shares To Buy Right Now

14:31
US Equities

  • DOW: -0.21%
  • S&P: -0.42%
  • NASDAQ: -0.11%

14:13
Top US Premarket Movers

  • Charah Solutions +95.57%: CHARAH SOLUTIONS STOCK RALLIES 114% ON 12-YEAR CONTRACT AWARD
  • Avinger +61.24%: Avinger Initiates Full Commercial Launch of Tigereye(TM) Image-Guided CTO Crossing Catheter
  • DBV Technologies +44.92%: DBV Technologies Provides Update on Investigational Viaskin™ Peanut for Children Ages 4-11 Years
  • IT Tech Packaging -25.42%: IT Tech Packaging, Inc. Announces Pricing of Approximately US$14.4 Million Upsized Public Offering

12:00
JPMorgan Q4 Earnings

  • Net income $12.1 billion
  • Quarterly revenue $29.2bln
  • Earnings Per Share $3.79

The Best Financial Stocks To Buy Right Now

11:41
Tesla

Tesla (NASDAQ: TSLA) has told its employees to liquidate its Model S and Model X inventory by the end of the month according to Electrek.

Tesla aims to have no Model S or X inventory by the end of the month the publication said.

10:32
UK Stock Movers

  • Leeds group +48.11%: LEEDS GROUP SHARES SURGE 49% AS SALES RISE
  • Edenville Energy +33.33%: The company reports a revised payment schedule with Lind regarding its outstanding funding agreement
  • Agriterra +25.00%
  • Petrofac Limited -23.08%: The Serious Fraud Office has announced that a former employee of a Petrofac subsidiary has admitted additional charges under the UK Bribery Act 2010.  The charges relate to three historic contract awards in the UAE in 2013 and 2014.
  • Mining, Minerals & Metals -20.78%
  • Babcock International -19.47%: BABCOCK SHARES CRASH 21.4% TO A KEY SUPPORT LEVEL ON DISAPPOINTING Q3 UPDATE

0936
Kodal Minerals

Shares of Bluejay Mining PLC (LON: JAY) surged 10.2% after the mining company revealed that it had received confirmation from Rio Tinto that the Enonkoski Project joint-venture and earn-in agreement could now commence.

Full story: BLUEJAY MINING SHARES SURGE 10.2% ON RIO TINTO JOINT-VENTURE CONFIRMATION

Tradingview chart of Bluejay Mining share price 15012021

07:57
European Equities

  • FTSE 100: -0.39%
  • DAX: -0.46%
  • STOXX 50: -0.47%
  • IBEX 35: -0.43%
  • CAC 40: -0.55%

News

  • President-elect Joe Biden’s unveiled the details of his $1.9 trillion relief plan yesterday, it included a stimulus payment boost to $2,000
  • Fed Chair Powell spoke yesterday, saying the time to raise rates is not going to be anytime soon nor was it the time to be talking about a policy exit
  • Company’s reporting earnings today include JPMorganChase, Wells Fargo, Citi, and PNC

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