Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
Flash
15:05
Penn National Gaming shares fall 2.6% after the company announces a settlement agreement with activist investment firm Hg Vora Capital Management
According to the terms of the agreement, Penn National Gaming will appoint three new independent directors to its board, nominated by Hg Vora. This settlement avoids a potential proxy battle and marks the end of the dispute between the two parties regarding the company's strategic direction. The addition of the new directors is expected to bring fresh perspectives to the board and help optimize the company's operations and governance structure. Despite the settlement, the market reaction was slightly negative, with the stock price closing down 2.6% on the day. Analysts pointed out that investors may still be assessing whether the new board members can effectively drive the company to address current challenges, including intensified competition and macroeconomic pressures.
15:01
The Dow Jones opened down 0.18%, the Nasdaq fell 0.2%, and the S&P 500 dropped 0.12%.
Star tech stocks: Google-A rose 1.29%, Netflix fell 1.12%, Tesla fell 1.1%. The Nasdaq Golden Dragon China Index rose 0.35%, NIO rose 2.56%, Pinduoduo rose 2.52%.
15:01
International Paper shares plunged by 7.1%, while US Packaging Corporation also recorded a significant decline of 6.8%.
Meanwhile, the stock price of Smurfit WestRock PLC, which is listed on the US market, also experienced a nearly 5% decline.
News