Tagged: Plunges

GOP Lawmaker Loses $17 Million as Favorite Stock Plunges

A Republican congressman’s hot biotechnology stock pick just went south. Rep. Chris Collins suffered a paper loss of $16.7 million (A$22 million) after Innate Immunotherapeutics Ltd. said a mid-stage trial of its experimental treatment for multiple sclerosis...

Dow falls 150 in open, DuPont plunges 6%

U.S. stocks opened sharply lower Friday as oil continued to decline and investors digested data and corporate news. In oil markets, Brent crude traded below $39 a barrel on Friday morning, down 1.2 percent,...

With No Buyers and No CEO, BlackBerry’s Stock Plunges Again

With No Buyers and No CEO, BlackBerry’s Stock Plunges Again

Bad news came in threes for BlackBerry on Monday, when the company abandoned its efforts to find a buyer, announced that its CEO would be stepping down, and took a beating in the markets....