Shares of iQIYI, Inc. (NASDAQ:IQ – Get Free Report) dropped 3.8% during mid-day trading on Monday . The stock traded as low as $2.53 and last traded at $2.56. Approximately 6,782,264 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 11,300,407 shares. The stock had previously closed at $2.66.
FIGS, Inc. (NYSE:FIGS – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 24,240,000 shares, an increase of 20.2% from the September 15th total of 20,160,000 shares. Approximately 19.0% of the shares of the stock are short sold. Based on an average trading volume of 3,550,000 shares, the short-interest ratio is presently 6.8 days.
Alexandria Real Estate Equities, Inc. (NYSE:ARE – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 3,390,000 shares, an increase of 20.6% from the September 15th total of 2,810,000 shares. Based on an average daily volume of 1,040,000 shares, the days-to-cover ratio is presently 3.3 days.
The government of Congo has canceled an auction for 27 sites earmarked for oil exploration, citing late submissions and a lack of competition
Russia’s Foreign Ministry accused South Korea on Monday of boosting tension in its relations with the Communist North and called for diplomacy in restoring calm and security on the Korean peninsula.
BERLIN – The World Health Organization said it received pledges worth $700 million for its 2025-2028 budget at a event in Berlin on Monday, in addition to $300 million already pledged by the European and African Unions.
China’s finance minister says the government is looking at additional ways to boost the economy, but he didn’t unveil a major new stimulus plan at a news conference Saturday
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Back in 2016, the artificial intelligence maker OpenAI had just incorporated as a nonprofit and applied to the Internal Revenue Service for tax-exempt status
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