#stock-reaction

[ follow ]
fromBusiness Insider
4 days ago

Treasury Department cancels contracts with consulting firm Booz Allen Hamilton after Trump tax return leak

By early afternoon, the move sent the consulting firm's stock down more than 11%. The department has 31 different contracts with the firm, worth $4.8 million in yearly spending and $21 million in obligations, it said in a press release. The press release noted that Charles Edward Littlejohn, a former employee at the consulting firm, leaked the tax returns of thousands of taxpayers. The leak affected roughly 406,000 people, according to the IRS.
US politics
Science
from24/7 Wall St.
1 week ago

Rocket Lab's Stock Implodes Alongside Its Neutron Rocket. Time to Sell?

Rocket Lab's Neutron Stage 1 tank ruptured during qualification testing, risking launch schedule delays and prompting a 5.5% immediate share decline.
#tesla
Tech industry
fromBusiness Insider
4 months ago

Analysts are calling Google's antitrust decision 'broadly favorable' and 'benign'

Google avoided divesting Chrome and YouTube, will face limits on exclusive search deals and data sharing, and its stock rose 6.7% after the ruling.
[ Load more ]