SAN DIEGO—Allan Camaisa, CEO and Chairman of the Board at Calidi Biotherapeutics, Inc. (NASDAQ:CLDI), recently sold 10,000 shares of the company’s common stock. The shares were sold at a price of $1.62 each, amounting to a total transaction value of $16,200. Following this sale, Camaisa holds 66,712 shares directly. The transaction comes as CLDI shares have declined nearly 89% year-to-date, with the stock currently trading at $1.44. According to InvestingPro analysis, the company appears undervalued at current levels. The transaction was reported for tax planning purposes, according to a footnote in the filing. Despite the sale, Camaisa retains significant potential…
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Some stocks occasionally experience significant price drops due to shortsighted reasons. When that happens, it presents an excellent opportunity for careful and patient investors to buy the dip. Other times, shares of companies move in the wrong direction for good reasons. In those cases, it is generally best to stay away unless there are good reasons to think the corporation in question can overcome whatever headwinds it is facing. That brings leads to fuboTV (NYSE: FUBO) and Chegg (NYSE: CHGG), which have significantly lagged the market over the past two years. Both are now penny stocks, but even though they…
New York, New York–(Newsfile Corp. – December 18, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Unisys Corporation (NYSE: NYSE:) resulting from allegations that Unisys may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Unisys securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. To join the prospective class action,…
In a recent transaction reported to the Securities and Exchange Commission, Tadd J. Henninger, Senior Vice President of Finance and Treasurer at PPL Corp (NYSE:), a $23.4 billion utility company known for its 54-year streak of consecutive dividend payments, executed a series of stock transactions. On December 17, Henninger sold 6,639 shares of PPL Corp at an approximate price of $32.16 per share, totaling $213,510. This sale was conducted under a pre-established 10b5-1 trading plan. According to InvestingPro data, PPL stock currently offers a 3.19% dividend yield and trades with notably low price volatility. In addition to the sale, Henninger…
Marie Mendoza, the Senior Vice President and General Counsel at Kratos Defense (NASDAQ:) & Security Solutions Inc. (NASDAQ:KTOS), recently sold 1,500 shares of the company’s common stock. The shares were sold at a weighted average price of approximately $27.96, resulting in a total transaction value of $41,941. Following this sale, Mendoza retains ownership of 55,631 shares, which include shares acquired through the company’s Employee Stock Purchase Plan and 401(k) Plan. This transaction was conducted under a 10b5-1 trading plan, which Mendoza had initially adopted in March 2021 and amended in December 2023. InvestingPro analysis indicates the stock is trading above…
New York, New York–(Newsfile Corp. – December 18, 2024) – Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Match Group, Inc. (NASDAQ: NASDAQ:) between May 2, 2023 and November 6, 2024, both dates inclusive (the “Class Period”), of the January 24, 2025 in the securities class action first filed by the Firm. So What: If you purchased Match Group securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Match…
US stocks closed mixed on Tuesday as investors digested fresh jobs data and new Fedspeak regarding the path forward for interest rates. The S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) each claimed new records after finishing the session up about 0.1% and 0.4%, respectively. The Dow Jones Industrial Average (^DJI) recovered from session lows but still closed down nearly 0.2%. Job openings in October rose by 372,000 to 7.74 million compared to estimates of 7.52 million, according to BLS data released on Tuesday. The Job Openings and Labor Turnover Survey (JOLTS) also showed fewer hires were made during the…
By Jody Godoy (Reuters) -Grubhub settled with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul on Tuesday for allegedly misleading customers about order fees, adding restaurants to its platform without their consent and deceiving drivers about pay. The settlement requires Grubhub to cease the practices and pay $25 million. The agencies sought a $140 million judgment against the company, but reduced it to what Grubhub is able to pay, they said. If Grubhub is found to have misrepresented its financial position, the full penalty will apply. A Grubhub spokesperson said on Tuesday that, “while we categorically deny…
Buildings in Auckland, New Zealand, on Tuesday, Sept. 13, 2022. Photographer: Fiona Goodall/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesNew Zealand’s economy sank into recession in the third quarter as activity dived far more sharply than expected and output in the prior quarter was slashed, a dire result that cements the case for more aggressive rate cuts.The shock news sent the local dollar to a fresh two-year low of $0.5614, having already shed 2.2% in the wake of a hawkish easing from the U.S. Federal Reserve.Markets added to wagers the Reserve Bank of New Zealand would slice rates further, having already cut by 125 basis…
David Michael Barrett, the Chief Executive Officer of Expensify , Inc. (NASDAQ:), recently executed several transactions involving the company’s Class A Common Stock. According to a Form 4 filing with the Securities and Exchange Commission, Barrett sold shares totaling $616,487 over several days. These transactions come as the stock has shown remarkable strength, with InvestingPro data showing a 201% surge over the past six months, though technical indicators suggest the stock may be in overbought territory. On December 16, Barrett sold 13,272 shares at a weighted average price of $3.84, generating $50,933. The following day, December 17, he sold an…