Friday, November 20, 2020

An operator of TikTok houses, West of Hudson Group, underwent a reverse takeover with Tongji Healthcare this week, creating a publicly traded company (New York Times)

New York Times:
An operator of TikTok houses, West of Hudson Group, underwent a reverse takeover with Tongji Healthcare this week, creating a publicly traded company  —  Time to learn about reverse takeovers, kids!  —  A business trying to make money off mansions full of TikTok influencers has gone public on the stock market through an unusual deal.



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...