Meme stocks are mixed
Marin Software tumbled 28% while Bed Bath & Beyond Popped 20%.
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- [Sad] [Sad] [Sad] [Sad]Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin
Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin
Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.Speaking at the "Future of Everything" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in - ?Fed Disappoints Market, Lets SLR Relief Expire: What Happens Next
Fed Disappoints Market, Lets SLR Relief Expire: What Happens Next
As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary Leverage Ratio exemption expire as scheduled on March 31, the one year anniversary of the rule change.The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on
