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XELB News3 articles
Xcel Brands Surges on Coco Rocha-Baggallini Deal; Thin Float Fuels Volatility
Xcel Brands shares surged 10.5% to $2.10 on record volume after announcing an exclusive Baggallini-Coco Rocha handbag deal. The stock's tiny float of under 4 million shares amplified the move, despite ongoing financial challenges.
Nuclear Energy Stocks Tumble as Market Selloff Hits SMR Sector
NuScale Power (SMR) shares tumbled 12.6% on Friday, caught in a broad market selloff that hit technology-linked and speculative stocks hard, with the Nasdaq falling over 4%.
Axcelis Technologies Plunges 18%, Loses Over $1 Billion in Market Value
Axcelis Technologies (ACLS) dropped 18.4%, losing over $1 billion in market value, as the Philadelphia semiconductor index fell 6.7%.