Stock Market Live Friday 15/01 – Lemonade (LMND) Stock Plunges After Citron Research Tweet
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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:
— Citron Research (@CitronResearch) January 15, 2021
16:49
BlackBerry, Facebook
BlackBerry (NYSE: BB) said it has reached a settlement with Facebook in their global patent dispute.
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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%
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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
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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
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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