Leviâs 1st earnings report, Under Armour drops 4%, and Bank of Americaâs big pay raise
In its first earnings report since its March IPO, Leviâs shares jumped. Under Armour dropped 5% because a single survey showed itâs lost consumer love big-time. And Bank of America just jacked up its ...
10 Apr 201914min
âAvengersâ powers AMC movie theater stock, Chuck E. Cheeseâs plans to go public again, and GE falls because of âthe GE whispererâ
Donât call it a comeback (but it is a comeback). Your childhood Chuck E. Cheeseâs has been revamped by private equity and wants to go public again. AMC jumped 9% on word the latest âAvengersâ could ha...
9 Apr 201914min
Bumble launches a physical magazine, Snapchat gets into gaming, and 1 problem in the âperfectâ jobs report
Ladies-first dating app Bumble just published a physical magazine as it transitions online to offline. Snapchat stock popped last week after its big move to make video games for non-video-gamers. And ...
8 Apr 201914min
Beyonce signs with Adidas, Coronaâs owner pops 7% for quitting wine, and why Tesla fell 9%
Adidasâ new creative partnership with Beyonce signals a major change in athleisurewear. Corona-owner Constellation Brands just sold its cheap wine biz for $1.7B to pivot to beer. And Tesla dropped 9% ...
5 Apr 201913min
McDonaldâs 2nd investment in a week, Uberâs and NYCâs traffic tax, and Ikeaâs new furniture rental service
McDonaldâs stock hit a record high after its 2nd investment in a week to make its food more tech. Uberâs IPO is coming up, but itâs been busy making NYCâs new congestion tax happen. And Ikea pulls a R...
4 Apr 201913min
FemTech grabs $42M for breast pumps, Whole Foods finally cuts prices big, and Walgreens drops 12%
Elvie raises $42M to scale its âiPod of breast pumpsâ in a big week for FemTech. Whole Foods (finally) cuts prices today, but it shows how Amazonâs grocery strategy is a mess. And Walgreenâs is offici...
3 Apr 201914min
Burger King launches plant-based Impossible Whoppers, Kelloggâs sells its cookies for $1.3B, and Googleâs Gmail turns 15
Nutellaâs owner just bought Keebler and a whole bunch of cookies from Kellogg, even though Pringles sales are jumping. Gmail is Googleâs secret weapon against Amazon. And Burger King partnered with Im...
2 Apr 201913min
2019âs IPO profit problem, Restoration Hardware plummets 22%, and Brexitâs âbigâ day
Lyft popped 8% on IPO day, and it reflects a bigger theme with 2019âs tech IPOs: Profits donât matter (yet). March 29th was circled for years on calendars â Weâll look at what happens now that it didn...
1 Apr 201915min
