On August 28, U.S. storage stocks collectively declined in pre-market trading, with SanDisk, Micron Technology, Western Digital, and SK Hynix all falling over 2%, while Seagate Technology dropped nearly 2%.
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U.S. Storage Stocks Drop Pre-Market, SanDisk, Micron, and SK Hynix Fall Over 2%
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U.S. Optical Communication Stocks Drop Pre-Market; Mavenir Falls Nearly 8%, Lumentum Over 3%
On August 28, U.S. optical communication stocks collectively declined in pre-market trading. Mavenir Technologies fell nearly 8%, while AXT Inc, Applied, and Lumentum dropped over 3%. Coherent decreased by more than 2%, and both Corning and Ciena fell over 1%. -
U.S. Optical Communication Stocks Drop Pre-Market, Mavenir Falls Nearly 8%, Lumentum Over 3%
On August 28, U.S. optical communication stocks collectively fell in pre-market trading. Mavenir Technologies dropped nearly 8%, while AXT Inc, Applied, and Lumentum fell over 3%. Coherent declined more than 2%, and Corning and Ciena dropped over 1%. -
Paypal (PYPL.O) Pre-Market Drops 14.8%
Paypal (PYPL.O) has dropped 14.8% in pre-market trading, following reports that the Advent and Stripe consortium will abandon its acquisition of the company. (Jinshi) -
PayPal (PYPL.O) Pre-Market Shares Drop 14.8%
PayPal (PYPL.O) shares fell 14.8% in pre-market trading, following reports that the Advent and Stripe consortium will abandon its acquisition of the company. (Jinshi) -
U.S. Storage Stocks Drop Pre-Market, SanDisk, Micron, and SK Hynix Fall Over 2%
On August 28, U.S. storage stocks collectively fell in pre-market trading, with SanDisk, Micron Technology, Western Digital, and SK Hynix dropping over 2%, while Seagate Technology declined by nearly 2%. -
Arthur Hayes: Bitcoin Consolidation Strategy Faces Issuance, Selling, or Dividend Cuts
According to Bitcoin.com News, Arthur Hayes stated that Bitcoin is consolidating around $80,000, and Strategy holds 840,447 bitcoins, requiring approximately $1.5 billion in annual dividends. The enterprise value of Strategy is about 1.01 times mNAV, with the underlying mNAV and diluted mNAV at approximately 0.73 times and 0.74 times, respectively. Arthur Hayes pointed out that Michael Saylor could choose to issue new shares, sell bitcoins, or cut preferred stock dividends, with STRK having a dividend yield of 8% and STRC's yield ranging between 10% and 11.5%. -
Arthur Hayes: Bitcoin Consolidation Strategy Faces Issuance, Selling, or Dividend Cuts
According to Bitcoin.com News, Arthur Hayes stated that Bitcoin is consolidating around $80,000, and Strategy holds 840,447 bitcoins, requiring approximately $1.5 billion in annual dividends. The enterprise value of Strategy is about 1.01 times its mNAV, with the underlying mNAV and diluted mNAV at approximately 0.73 times and 0.74 times, respectively. Arthur Hayes pointed out that Michael Saylor could choose to issue new shares, sell bitcoins, or cut preferred stock dividends, with STRK having a dividend yield of 8% and STRC's yield ranging between 10% and 11.5%.
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