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ThredUp to list on alternative stock exchange LTSE

ThredUp, the clothing-consignment company, announced Tuesday that it's dual listing its stock on the Long Term Stock Exchange, or LTSE, a national securities exchange designed to promote sustainable principles and a long-term focus among investors and businesses. "This is another indication of ThredUp's commitment to the long term," CEO James Reinhart told CNBC. "We're here to make a difference. Not for two or three years, but for 20, 40, 50 ." It's just the second company currently listed with LTSE. Reinhart says he…

Zscaler, Marvell, DoorDash and more

Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018.Source: NasdaqCheck out the companies making headlines in midday trading.Zscaler – The cloud security company's shares dipped 11% following its quarterly earnings report, despite Zscaler posting strong results. Earnings and revenue were stronger than analysts' expectations. The company also forecast better-than-expected earnings and revenue for its fiscal second quarter and full year.Marvell Technology – The semiconductor stock fell 4% after…

Seagate is not for this market

Seagate Technology Holdings PLC: "I don't want you to buy any more, because it's just not a high-quality enough stock during this period in the cycle. ... It's not for this market."Advanced Micro Devices Inc: "Advanced Micro's already come down a great deal, and I have a very good feeling about the coming business cycles, not cycle, for what Lisa Su is doing."Target Corp: "We're going to think short-term, then we're going to sell it. If we think longer-term, we're going to make money. I'm in the money-making business,…

12 stocks that underscore the carnage in the IPO market

CNBC's Jim Cramer on Tuesday highlighted his list of "dirty dozen" companies that exemplify the losses incurred by investors who funneled their cash into initial public offerings and other risky stocks."Some of the most egregious offenders were the dirty dozen that hit you with repeated unsportsmanlike conduct … and ultimately put your portfolio on injured reserve," he said.related investing newsHere are the stocks most heavily shorted on Wall Street, including this underperforming retailerHere are the dirty…

Tech stocks notch worst two-week stretch since the start of pandemic

What started off as a third-quarter rebound has turned into a flop for tech investors.The Nasdaq Composite tumbled 5.1% this week after losing 5.5% the prior week. That marks the worst two-week stretch for the tech-heavy index since it plunged more than 20% in March 2020 at the start of the Covid-19 pandemic in the U.S.related investing newsMeta is a buy as the social media giant embarks on plan to slash costsWith the third quarter set to wrap up next week, the Nasdaq is poised to notch losses for a third straight quarter…

GameStop, Rivian, Regeneron, Snap and more

Pedestrians pass in front of a GameStop retail store in New York, December 23, 2021.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading Thursday.GameStop – Shares of video game retailer rose 4% after the company disclosed a new partnership with cryptocurrency exchange FTX in its quarterly update. GameStop plans to collaborate with FTX on e-commerce and online marketing initiatives. The increase in the stock price came even as GameStop reported a sales decline and widened losses for the most-recent…

GameStop, American Eagle Outfitters, Asana and more

GameStop — GameStop surged 9.2% before the bell despite sharing a widening quarterly loss and declining sales. The video game retailer also announced a partnership with crypto exchange FTX. GameStop's results could not be compared since few analysts cover the company.Asana — Asana's stock surged 19% in the premarket following a beat on the top and bottom lines for the previous quarter. The communications software company shared a smaller-than-expected loss of 34 cents per share on revenue of $134.9 million. Revenue…

Cloud stocks mount rally led by UiPath, as investors see market bottom

Daniel Dines, CEO, UiPath at company's IPO at the New York Stock Exchange, April 21, 2021.Source: NYSECloud stocks rallied on Thursday, with more than a dozen vendors notching gains of 10% or more, as investors used an upbeat day on Wall Street to snap up shares of companies that have been beaten down the most in this year's selloff.UiPath, a provider of software for automating office tasks, led the charge, surging 17%. The company late Wednesday reported a narrower-than-expected loss for the first quarter, while revenue…

Tech sell-off pushes Nasdaq to steepest drop since June 2020

Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021.David Ryder | Bloomberg | Getty ImagesCloud companies, e-retailers and household tech names got hammered on Thursday, wiping out hundreds of billions of dollars in market value and pushing the Nasdaq Composite to its worst one-day plunge since June 2020.A day after the Federal Reserve raised its benchmark interest rate by a half point in a bid to stem rising inflation, investors sold out of the part of the market that's generally viewed as…