Headphone maker Koss Corp., whose heavily shorted stock has been among those skyrocketing in recent weeks amid support from investors on Reddit’s WallStreetBets message board, swung to a second-quarter profit thanks to higher sales. Shares of Koss rallied more than 45% in the extended session Thursday, after closing down 28% …
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Wall Street is looking forward to happy holidays and a farewell to a pandemic-stricken 2020 and a welcome to a new year, with the last two weeks in December representing abbreviated sessions. On Thursday, the New York Stock Exchange and Nasdaq will end trading at 1 p.m. Eastern Time (and …
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Independence Day falls on Saturday this year, meaning that U.S. financial markets will be closed on Friday. The New York Stock Exchange and Nasdaq will be shuttered at the conclusion of regular trade Thursday, while the bond market will close an hour early, at 2 p.m. Eastern on Thursday, and …
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There are some outlandish rumors about COVID-19, the disease caused by the new virus SARS-CoV-2, percolating on the internet: To some, it’s a dastardly bioweapon designed to wreak economic armageddon on the West; a left-wing conspiracy to damage the reelection prospects of President Trump; a virus that leaked from a …
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