Advertisement
Canada markets close in 3 hours 49 minutes

  • S&P/TSX

    21,823.48
    -50.24 (-0.23%)
     

  • S&P 500

    5,016.08
    -55.55 (-1.10%)
     

  • DOW

    37,888.56
    -572.36 (-1.49%)
     

  • CAD/USD

    0.7304
    +0.0006 (+0.08%)
     

  • CRUDE OIL

    82.51
    -0.30 (-0.36%)
     

  • Bitcoin CAD

    87,928.05
    -832.42 (-0.94%)
     

  • CMC Crypto 200

    1,387.46
    +4.89 (+0.35%)
     

  • GOLD FUTURES

    2,341.10
    +2.70 (+0.12%)
     

  • RUSSELL 2000

    1,966.73
    -28.69 (-1.44%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • NASDAQ

    15,472.87
    -239.88 (-1.53%)
     

  • VOLATILITY

    16.69
    +0.72 (+4.51%)
     

  • FTSE

    8,078.86
    +38.48 (+0.48%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • CAD/EUR

    0.6810
    -0.0009 (-0.13%)
     
MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, WITH GDP ON DECK

Owner of Facebook and Instagram plans to spend up to US$10B on AI infrastructure investments

Why Digital World Acquisition and Phunware Shares Are Plummeting Today

Keith Noonan, The Motley Fool
·3 min read
Why Digital World Acquisition and Phunware Shares Are Plummeting Today

Digital World Acquisition closed out the session down 9.2%, while Phunware was off 12.8%. Growth-dependent and speculative stocks have seen turbulent trading lately, and the broader market was hit with big pullback today following worrying performance from some big consumer products and technology companies. There doesn't appear to be any business-specific news behind Digital World Acquisition and Phunware's share price slides, but the two companies were caught up in the broader pullback.

Continue reading