Electronic trading giant Citadel Securities will bolster its already huge presence at the New York Stock Exchange by buying the NYSE market-making business of smaller rival IMC Financial Markets, the companies said.
Thomas Hayes of Great Hill Capital was asked this week whether he’s been putting his clients’ money to work even all the volatility and uncertainty that pandemic has created in the stock market. His answer: Yes. “Aggressively.”
U.S. stocks finish higher Thursday, even after House Speaker Nancy Pelosi rejected the idea of a standalone bill to aid the airline industry, saying such a measure would need to be part of a broader fiscal stimulus package.
Shares of FuelCell Energy Inc. charged higher on heavy volume Thursday, after a bullish call from J.P. Morgan analyst Paul Coster said the company seems “poised to pivot into profitability” after years of investment.
Shares of cannabis companies enjoyed a broad rally Thursday, amid growing hopes of federal decriminalization following comments from vice-presidential candidate Sen. Kamala Harris.