New York Governor Andrew Cuomo. Drew Angerer | Getty Images New York Gov. Andrew Cuomo on Sunday announced an emergency executive action ban on the sale of flavored electronic cigarettes in the state, amid a surge of vaping-related illnesses and deaths across the country. “Vaping is dangerous. Period,” the governor said. “No one can sit
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On their first trading day in May 2019, shares of Beyond Meat soared 163%. It was the best performance for an IPO in nearly two decades. At one point in 2019, Beyond Meat was bigger than 25% of companies in the S&P 500. Beyond Meat shares rode a perfect storm. Beyond Meat was the first
Ethan Brown, founder and chief executive officer of Beyond Meat, center, celebrates with his wife Tracy Brown, center left, and guests during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Thursday, May 2, 2019. Michael Nagle | Bloomberg | Getty Images Based on the terrible public market performance of
This past week, the Recording Industry Association of America (RIAA) released its mid-year report. It showed that 80% of the of music industry’s revenue comes from streaming, but it also showed that revenue from sales of vinyl records is on track to overtake that of compact discs by the year’s end, should current trends continue.
The timeline for a potential trade deal between Washington and Beijing remains unclear, so CNBC’s Jim Cramer decided to take another look at stocks with high exposure to China before earnings season approaches. “Let’s play a little game, I call it hostage versus non-hostage,” the host of “Mad Money” said Friday. “As in, which companies