Money losing unicorns are falling out of favor with investors. The dismal performances of Uber, Lyft and Slack after they debuted on Wall Street earlier this year could be a sign that the appetite for unprofitable companies is waning.
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News: What you need to know about the markets | | | | The IPO market is heating up but investors are shunning unprofitable companies
| Money losing unicorns are falling out of favor with investors. The dismal performances of Uber, Lyft and Slack after they debuted on Wall Street earlier this year could be a sign that the appetite for unprofitable companies is waning. Read more » | | A GM strike could come as early as Sunday. But a union scandal makes negotiations harder
| The United Auto Workers union and General Motors are locked in difficult labor negotiations, and a late night Saturday deadline looms for a new contract -- or a strike. Read more » | | WeWork makes sweeping corporate governance changes in advance of its IPO
| We Co., as it prepares for an IPO, said Friday it would make substantial changes to the oversight of its company after investors voiced dissatisfaction with the unusual governance structure. Read more » | | Stocks flirt with record highs as US-China trade tension eases
| Nothing is spooking investors on this particular Friday the 13th. Stock futures popped in early trading before the opening bell on the news that China is going to exempt US soybeans and pork from its next round of tariffs. Read more » | | London Stock Exchange rejects Hong Kong's $37 billion takeover bid
| The London Stock Exchange has roundly rejected Hong Kong's $37 billion takeover bid. Read more » | | Cannabis industry calls for legalization and regulation to snuff out underground vapes
| The recent rash of vaping-related illnesses and deaths could represent a crisis for the legal cannabis industry, which relies on vaping for an estimated quarter of its business in some states. Read more » | | | | | | | |
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| +37.07 | | -17.75 | | -2.18 | 27,219.52 | | 8,176.71 | | 3,007.39 | +0.14% | | -0.22% | | -0.07% | YTD +16.68% | | YTD +23.23% | | YTD +19.97% | | | |
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Biggest Winners | Cimarex Energy Co | +8.21% | | Pioneer Natural Resources Co | +3.90% | | Freeport-McMoRan Inc | +3.76% | | DuPont de Nemours Inc | +3.16% | | Biggest Losers | Progressive Corp | -5.59% | | CenturyLink Inc | -4.66% | | Marketaxess Holdings Inc | -4.30% | | Altria Group Inc | -3.69% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $54.87 | +0.02 / +0.04% | | Gold | $1,496.30 | -3.20 / -0.21% | | 10-yr | 1.90% | +0.11 | | Euro | $1.11 | +0.00 / +0.17% | | |
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