plunges

DOJ and SEC Investigate FTX Collapse as Entire Crypto Market Plunges

DOJ and SEC Investigate FTX Collapse as Entire Crypto Market Plunges

A screenshot of the FTX ad featuring comedian Larry David that ran during the Super Bowl in February 2022.Screenshot: FTX/YouTube The Department of Justice and the Securities and Exchange Commission are investigating FTX, a crypto platform that halted withdrawals on Tuesday, according to a new report from the the wall street journal. And while the …

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Disney stock plunges 13% to new multi-year low on missed earnings, weak earnings outlook - update

Disney stock plunges 13% to new multi-year low on missed earnings, weak earnings outlook – update

UPDATE with closing price: Disney stock closed at $86.75 per share, down more than 13% as investors punished the company for its disappointing quarterly earnings report and weak earnings forecast. The one-day drop was the biggest for Disney shares since the start of Covid in the US in March 2020, when it also fell 13%. …

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