Rockstar Energy Founder Buys $300 Million Stake in Celsius and Offers to Become CEO
Rockstar Energy founder Russ Savage acquires 4.7% of Celsius worth $300M and calls for leadership overhaul after earnings miss, volunteering as CEO.
/ 295 items
#News-Driven Stocks↓
Atlassian Shakes Off AI Fears with Strong Earnings Beat and 30% Stock Rally
Strong cloud demand powers Atlassian’s Q4 beat. Revenue +28%, cloud +31%. Founder plans $250M share purchase as stock surges.
Alkami Kicks Off Sale Talks Amid Pressure from Activist Investor Jana Partners
The $2B digital banking software firm is in early talks with private equity firms.
SpaceX Lockup Expiry: 900M Shares Hit the Market Today
SpaceX’s first major lockup expiry is here: 900+ million shares become available today. Expect increased volatility as employees and early investors may sell.
Crocs’ Ghost Office in Malta: The New Way U.S. Companies Dodge Taxes
Crocs claims all global profits from a two-person Malta office, saving $218.6 million in 2023 taxes; shares slide after report.
Starboard Value Takes Major Stake in Shake Shack as Q2 Sales Rise but Profits Slip
Shake Shack reports 17% revenue growth and 3.5% same-store sales, but profits slip as Starboard Value builds a major position.