Articles by Daniel Marsh
Grab Shares Dip on Superbank Consolidation, Year-to-Date Losses Widen
Grab shares slipped 1% to $3.465 after announcing Superbank consolidation, extending YTD losses over 30%. Analysts cut price targets despite Q1 revenue growth of 24%.
Redwire shares rise on $15M Army drone order, NATO deal
Redwire shares gained after announcing a $15 million U.S. Army drone order and a multi-year NATO contract, though Q1 net loss widened to $76.5 million.
Plug Power Advances UK Hydrogen Project Amid Cash Concerns
Plug Power shares climbed 1.2% to $3.35 after achieving final investment decision for its 30-MW green hydrogen project in the UK, though cash constraints and negative margins remain key concerns.
Nu Holdings Stock Rebounds as Investors Eye Credit Risks Amid Record Revenue
Nu Holdings shares rose 2.3% to $12.58, rebounding after earnings as Nubank's record revenue was offset by rising credit loss allowances and delinquencies.
Carnival Stock Recovers as Dividend, Fuel Costs and Restructuring Draw Attention
Carnival shares edged higher Wednesday, recovering from Tuesday's decline, as the market evaluates its dividend timeline, recent corporate simplification, and lingering fuel-cost exposure.
Mister Car Wash Exits Nasdaq After $3.1B Take-Private by Leonard Green
Mister Car Wash has been taken private by Leonard Green & Partners in a $3.1 billion deal, ending its Nasdaq listing. Shareholders received $7.00 per share.
T1 Energy Surges on Hedge Fund Stake and Short Seller Allegations
T1 Energy shares surged 17% as a hedge fund disclosed a new stake, while a short-seller report questioned the company's tax-credit eligibility and China-linked supply chain.