The value of Greyhound Lines Inc., the intercity bus service company, has seen a drop in its value as a result of reductions to illegal immigration at the United States-Mexico border. Executives with Greyhound’s parent company, FirstGroup, told MarketWatch their value has dropped by about $156 million because of less migration across the southern border.…
Category: Value
The article is penned by Charles Edwards. He is an investor in mispricing and reports on stock & crypto news, strategies and opportunities as they arise. This is a shortened version of the full article on Medium. You can follow Charles on Twitter (@caprioleio) and Medium (@charleswedwards).Estimating the Value of the Nexo TokenCryptocurrencies are notoriously…
Starboard Value, LP revealed in an SEC Form 13D filing last week that it owns a 7.5% stake in Box, the cloud content management company. It is probably not a coincidence that Starboard Value looks for undervalued stocks. Box stock has been on a price roller coaster ride since it went public in 2015 at…
Amazon stock has lost more value in the past month than the entire GDP of 23 countries and the market cap of 600 other stocks. | Source: (i) Drew Angerer / Getty Images / AFP (ii) Source: REUTERS/Mike Blake; Edited by CCN Amazon stock’s market value fell by a whopping $28 billion in Monday’s stock…