Stocks making the biggest moves after hours: American Airlines, Robinhood, Box and more

Check out the companies making headlines in after-hours trading: Robinhood — The retail brokerage added 4.5% after the company announced a $1 billion share repurchase program. Robinhood management expects to execute the program over a two- to three-year period starting in the third quarter of 2024, a press release said. Cava Group — The stock dropped 5% in after-hours […]

Bitcoin continues to decline due to miner pressure

While Bitcoin continued its downward trend in June, it started the new week with a sell-off and fell to the $62,300 band. The recent selling pressure in Bitcoin is attributed to Bitcoin sales by crypto mining companies whose revenues have plummeted. Reports show that miners have sold more than $2 billion worth of Bitcoin this month. Miner […]

Energy Capital Partners to acquire Atlantica for $2.56 bln

Private equity firm Energy Capital Partners will buy Atlantica Sustainable Infrastructure (AY.O), opens new tab for $2.56 billion in cash, the utility said on Tuesday, in a deal that will give its biggest shareholder funds to lower its debt. Atlantica, which started a strategic review in February last year, will get $22 per share, a near 19% […]