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MediaAlpha, Inc. INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (MAX)
Globenewswire· 2025-09-19 22:08
Core Viewpoint - Kirby McInerney LLP is investigating potential claims against MediaAlpha, Inc. for possible violations of federal securities laws and unlawful business practices [1] Group 1: Allegations and Investigations - On June 24, 2024, Wolfpack Research published a report alleging that MediaAlpha was involved in consumer fraud, claiming that up to 78% of its health insurance lead-buying partners were engaged in scams or violating telemarketing laws [3] - Following the report, MediaAlpha's share price fell by approximately 6.85%, from $15.34 to $14.29 per share [3] - On November 4, 2024, the Federal Trade Commission (FTC) indicated it was prepared to file a complaint against MediaAlpha for misleading advertising and false affiliations with government entities, leading to a share price drop of about 27.73%, from $16.08 to $11.62 [4] Group 2: Settlement and Financial Impact - On August 6, 2025, MediaAlpha announced a settlement with the FTC for $45 million, related to claims that it misled consumers while collecting personal information for health insurance quotes [5] - The FTC's complaint highlighted that MediaAlpha sold approximately 119 million leads about consumers in 2024, indicating a significant volume of consumer data transactions [5]
ABNB Stock Price Prediction: Where Airbnb Could Be by 2025, 2026, and 2030
Yahoo Finance· 2025-09-19 22:07
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Analysts say Airbnb could hit $144.15 by 2030. Think ABNB has room to run? You can invest in Airbnb on SoFi with zero commissions—earn up to $1,000 in stock when you fund your account, plus get a 1% bonus if you transfer your investments and keep them there through December 31, 2025. Airbnb, Inc. (ABNB) is currently trading around $140. The company's market capitalization sits around $87.22 billion, makin ...
Trump Invokes ‘Golden Share' to Block U.S. Steel Plans for Illinois Plant
WSJ· 2025-09-19 22:05
Group 1 - U.S. Steel has announced the cessation of operations at its Granite City, Illinois plant, effective November [1]
Opendoor names a new interim CFO amid stock surge
Youtube· 2025-09-19 22:03
The CFO of Open Door is departing the company, naming Christy Schwarz as interim CFO. Effective at the end of the month, Schwarz has spent more than eight years as the company's chief accounting officer, also serving as interim CFO in 2022. That was for nearly two years now.Open a lot more than the fundamental story. It's the latest meme stock to go crazy in this market. Went from trading below a buck back in mid July and on Friday settling just under $10 a share.Joining me now to talk all things open door ...
Why Did Oklo Stock Skyrocket 63.5% This Week?
The Motley Fool· 2025-09-19 22:02
Core Viewpoint - The stock of Oklo surged by 63.5% following the announcement of a U.K.-U.S. partnership to advance nuclear energy technology and reduce permitting wait times [1][2]. Group 1: U.K. and U.S. Partnership - A memorandum of understanding was established between the U.K. and U.S. to collaborate on nuclear energy development, announced during President Trump's visit to the U.K. [2] - The U.K. aims to reduce its reactor licensing timeline from three to four years to just two years, while the U.S. has set an 18-month target for review procedures [3]. Group 2: Impact on Oklo - The streamlined licensing process presents a significant opportunity for Oklo, as the company specializes in compact fast reactor designs, positioning it well to benefit from these changes [6]. - Despite the positive outlook, Oklo has not yet generated meaningful revenue and is currently valued based on potential rather than actual performance [7]. Group 3: Geopolitical Context - The agreement also addresses the need to reduce reliance on Russian nuclear fuel, with both nations committing to eliminate Russian fuel imports by 2028 [4].
FTX to Dispense $1.6 Billion in Bankruptcy Repayments This Month
Yahoo Finance· 2025-09-19 22:01
Creditors of collapsed crypto exchange FTX will receive $1.6 billion at the end of this month in a third distribution to make clients whole, the FTX Recovery Trust announced on Friday.  Four groups of creditors will receive the funds on September 30, with distributions ranging between 78% and 120% of the value of their FTX holdings when the exchange collapsed in November 2022, according to a press release from the Trust, which is overseeing assets and claims from the exchange's bankruptcy estate.  The distr ...
A Look Into DXP Enterprises Inc's Price Over Earnings - DXP Enterprises (NASDAQ:DXPE)
Benzinga· 2025-09-19 22:01
Group 1 - DXP Enterprises Inc. shares are currently trading at $116.12, reflecting a 1.78% decrease in the current session and a 7.02% decrease over the past month, while showing a significant increase of 120.26% over the past year [1] - The company's price-to-earnings (P/E) ratio is 22.6, which is lower than the aggregate P/E ratio of 44.27 in the Trading Companies & Distributors industry, suggesting that shareholders may perceive the stock as underperforming compared to its peers or potentially undervalued [5] - The P/E ratio serves as a tool for long-term shareholders to evaluate market performance against historical earnings and industry standards, with a lower P/E possibly indicating weak future performance expectations or undervaluation [4] Group 2 - While the P/E ratio is a useful metric for assessing a company's market performance, it should be interpreted cautiously, as a low P/E can indicate either undervaluation or weak growth prospects [8] - Investors are encouraged to consider the P/E ratio alongside other financial metrics, industry trends, and qualitative factors to make informed investment decisions [8]
Musk’s X Shows Weaker Sales After Initial Post-Election Surge
Yahoo Finance· 2025-09-19 22:00
(Bloomberg) — Sales at Elon Musk’s X dropped slightly during the second quarter from the first quarter, signaling that the social network has struggled to build on the spending that rushed in when Musk was at the center of US politics. The social network, formerly known as Twitter, posted about $707 million in revenue in the three-month period through June 30, a 2.2% drop compared to the first three months of the year, according to people briefed on the numbers. Still, that’s more than a 20% increase in s ...
Cathie Wood Just Keeps Buying Up This 1 New IPO Stock
Yahoo Finance· 2025-09-19 22:00
Cathie Wood’s Ark Invest has been steadily increasing its stake in Bullish (BLSH) since the crypto exchange’s IPO, signaling confidence in the company despite a volatile post-market debut. On debut, Ark acquired about 2.53 million shares of Bullish, roughly worth $172 million across ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF). Again, the veteran investor recently purchased over 160,000 shares of Bullish worth $8.3 million ahead of the company’s ...
Onco-Innovations Commences Activities to Manufacture Nanoparticle Formulation with Dalton Pharma to Supply Preclinical Animal Studies
Accessnewswire· 2025-09-19 22:00
VANCOUVER, BC / ACCESS Newswire / September 19, 2025 / Onco-Innovations Limited (CBOE CA:ONCO )(OTCQB:ONNVF )(Frankfurt:W1H) (WKN: A3EKSZ ) (" Onco " or the " Company ") is pleased to announce that Dalton Pharma Services ("Dalton") has commenced activities to manufacture Onco's proprietary nanoparticle formulation, also know as PEO-b-PBz-CL 1 , a key component of the Company's novel drug delivery platform which is designed for use in conjunction with Onco's proprietary Polynucleotide Kinase Phosphatase (PNK ...