Day: August 5, 2022

Aug 05
Voyager received better buy-out offers than FTX’s, set to return $270M to customers

Beleaguered crypto lender Voyager Digital Holdings says it has received a number of “higher and better” buy-out offers than that offered by AlamedaFTX back in July, contrary to the investment firm’s continued public statements.  The company has also just been cleared to return $270 million of customer funds held at the Metropolitan Commercial Bank (MCB) by […]

Aug 05
Atlassian stock pops after revenue beat

Shares of Atlassian Corp. PLC TEAM, +2.34% were up more than 10% in after-hours trading Thursday after the software company beat revenue expectations for its most recent quarter. The company posted a fiscal fourth-quarter net loss of $105.5 million, or 41 cents a share, compared with a loss of $213 million, or 85 cents a […]

Aug 05
Chegg stock flies higher as earnings, revenue decline but top expectations

Shares of Chegg Inc. CHGG, -2.35% were moving nearly 10% higher in after-hours action Thursday after the study-tools company exceeded expectations with its second-quarter financials. The company posted net income of $7.5 million, or 6 cents a share, compared with $32.8 million, or 20 cents a share, a year before. After adjustments, Chegg earned 37 […]