Hedge fund Melvin Capital Management on Tuesday disclosed it had raised the put option on Class A shares of U.S. video game chain GameStop Corp to 6 million shares for the quarter ended Dec. 31, from 5.4 million shares in the past quarter.
Shopify Inc hinted revenue growth would slow this year, as vaccine rollouts encourage people to return to stores, after the Canadian e-commerce firm trounced profit and revenue expectations for the holiday quarter on soaring online demand.
Shopify Inc hinted revenue growth would slow this year, as vaccine rollouts encourage people to return to stores, after the Canadian e-commerce firm trounced profit and revenue expectations for the holiday quarter on soaring online demand.
London-listed online trading platform Plus500 plans to venture into North America after a surge in profits for 2020 as company benefited from a boom in small-time traders making big bets on financial markets.
French luxury goods group Kering is betting on a marketing drive and fashion events to boost Gucci in the brand's centenary year, after sales at the flagship label missed forecasts and lagged some rivals at the end of 2020.