Tag Archives: bad-request

For DraftKings, FanDuel, IPO Hopes Likely No Fantasy

Dustin Johnson’s U.S. Open choke on the final putting green cost him $840,000 in lost prize money. It cost a fantasy sports user with the sign-in name of headchopper, who was playing DraftKings’ Millionaire Maker fantasy sports tournament, $900,000. Instead of the $1 million top prize he got $100,000 for second place. Win or lose, there’s a gold rush in the fantasy sports sector, where industry heavyweights DraftKings and FanDuel are maneuvering

3 Reasons Tesla Could Rev Or Reverse With New Stock

Tesla Motors (TSLA) shares regained some ground as the company on Thursday said it will issue $500 million more in common stock to “accelerate the growth of its business.” Secondary offerings are often viewed negatively in that they dilute investors’ ownership. (Shake Shack (SHAK) shares tumbled 15.9% Thursday after Shake Shack priced its own offering.) So what’s the deal with Tesla’s 1.8% rise in the stock market today to 242.51? 3 Things

Alibaba Slash Attack Grows; Cisco, Monster Raised

The price-target slash attack on China e-commerce giant Alibaba Group (BABA) continued, while Cisco Systems (CSCO) and others received price target increases Thursday. After several analysts cut their price target on Alibaba stock Thursday morning, following its quarterly earnings the day before, others followed. Credit Suisse cut Alibaba to 105 from 114. HSBC cut it to 117 from 124. Price cuts also came from MKM Partners and Axiom Securities.