Stay updated with breaking news from Bell kareem. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
That this may reflect an extension of that stayathome trade weve been watching. Look at all the stocks popping early on those are all Companies People were giving up on even ten days ago when they felt the trade was the mike corbat trade. You recognize if you can do what some companies are doing, which are saying its up to you if you want to come back. I think now the onus is saying im not coming back. No way lets dig n get bin and get bet cybersecurity. Those are the stocks that are popping. I respect that from people who say i do not want to be back at that building. The pandemic is not done and the pandemonium has begun. What explains boeing up 1 , carnival up 2. 5 i assume were looking at hopes that these demonstrations and protests will not result in a further outbreak of the virus, and that these epicenter stocks will continue to outperform. We keep betting you have to have it. Its been seven days now the incubation period ....
to be halted shortly after it began trading. it never reopened and all previous trades from the ipo will be canceled. more on this developing story and how investors are impacted coming up in the program. take a look at how we re settling down. up 36 point at the close, sitting right at 13,083. it, too, gave up some ground of 4.5 points a fractional percentage move. the s&p 500 up a third of a percent at 1397. bob, over to you. what happens if you have an ipo and no one is able to trade it? that s what happened to a competitor of the nasdaq and new york stock exchange. opens at $15.25 and within a few moments essentially the stock was halted. there were a number of ear roan yous trades and we waited and the company announced ipo was canceled itself and all of the trades placed and only a few of them were essentially canceled. so the question at this point is, what exactly happened? my own feeling is that there were problems with the trading itself and nasdaq system as ....