Tag: Close

Reddit shares plunge almost 25% in two days, finish the week below first day close

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[ad_1] The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering in New York City on March 21, 2024. Spencer Platt | Getty Images Reddit shares are plummeting after experiencing a rally stemming from the social media company’s IPO last week. Shares closed at $49.32, ending the week below their closing price on Reddit’s first day of trading on the New York Stock Exchange. They closed at $50.44 last Thursday. Stock markets are closed on Good Friday. Reddit shares began their…

Close to half of Americans back a ban or sale of TikTok, survey found

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[ad_1] Nearly half of Americans are concerned enough about TikTok being a threat to national security that they support banning the social media service or forcing a sale to a non-Chinese company, according to the latest CNBC All-America Economic Survey. But the poll also found substantial differences of opinion on the issue based on politics, age and those who use the app versus those who don’t. The nationwide survey of 1,001 Americans(half of Americans) revealed that 20% of participants said TikTok should be banned no matter what. Another 27% said…

Birmingham-Southern College Faces Closure Following State Loan Rejection

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[ad_1] Birmingham-Southern College, a private liberal arts school in Birmingham, Ala., is set to close at the end of May, bringing a bitter end to the school’s nearly 170-year history after it failed to secure a multimillion-dollar loan from the state. The school’s board of trustees voted unanimously on Tuesday to shut the school, with the college’s hundreds of students and staff receiving formal notice shortly after. “This is a tragic day for the college, our students, our employees, and our alumni,” the Rev. Keith D. Thompson, the chair of…