Why Shares of Box Dropped on Thursday

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Why Shares of Box Dropped on Thursday

The cloud storage specialist lands an investment from KKR, but investors were hoping for a company sale. Evan Niu, CFA. (TMFNewCow). Apr 8, 2021 at 12:00PM. Author Bio. Evan is a senior technology specialist at The Motley Fool. He was previously a …
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New airlines Avelo Airlines, Breeze Airways to cater to pandemic-weary leisure travelers

Both hope to draw passengers by filling in smaller strands on the spider web of airline routes crisscrossing the United States. Avelo Airlines said Thursday that it will begin flying later this month to 11 destinations from Burbank …
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Box Sells $500 Million Stake to KKR. The Stock Falls With a Buyout Now Off the Table.

Box (ticker: BOX) plans to use the proceeds to fund a $500 million buyback plan. The buyback will be in the form of a Dutch auction-style self tender after the company reports earnings in May.
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Crypto Market Value Exceeds $2 Trillion for First Time

Thanks largely to the surge of interest in Bitcoin and ether, the value of the cryptocurrency market exceeded $2 trillion for the first time earlier this week. Bitcoin hit a benchmark of its own when it reached a $1 trillion market cap alone and held it for one week, …
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UPDATE 2-Euro zone yields dip, ECB says could reduce bonds buys

AMSTERDAM/LONDON, April 8 (Reuters) – Euro zone bond yields dipped on Thursday amid uncertainty over the bloc’s COVID-19 vaccination programme, while minutes of the European Central Bank’s March meeting showed policymakers were ready to …
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