Fri, Apr 26, 2024 6:18 PM
ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares
A Flip by Shubhangi Gupta
There's one unfortunate similarity between exercise equipment maker Peloton (NASDAQ: PTON) and camera maker GoPro (NASDAQ: GPRO) -- their stocks have lost huge amounts of value over the past few years. GoPro is the "better" performer, only down around 85% from its high water mark in 2021. What's going on with these two companies and is it worth stepping in to catch either of these falling knives?
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Boeing's (NYSE: BA) shares fell by 13% in April, according to data provided by S&P Global Market Intelligence. The move adds to a miserable year for the company, with the stock down slightly more than 31% in the year to date. Boeing in 2024It comes as a result of a disappointing performance in the quarter, especially in terms of airplane deliveries.
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Shares of Grayscale Bitcoin Trust jumped 5% in premarket trading on Monday after the exchange-traded fund (ETF) that tracks the price of bitcoin saw its first day of inflow since January. The move marks a major milestone for GBTC, which has seen $17.46 billion in withdrawals since it converted from a trust to an easily tradable ETF in January.
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