A large European asset manager slashed its investment in the volatile shares of a movie-theater chain, and made other changes in its U.S.-traded stock portfolio.
The unit of Norway’s largest financial-services firm DNB disclosed the first-quarter trades, among others, in ແບບຟອມທີ່ມັນຍື່ນ ກັບຄະນະ ກຳ ມະການຫຼັກຊັບແລະການແລກປ່ຽນ.
DNB, ເຊິ່ງ manages about $98 billion in assets, declined to comment.The asset manager sold 91,259 AMC shares to end the first quarter with 80,805 shares. AMC stock slid 9.4% in the first quarter, compared with a 5% drop in the
ດັດຊະນີ S&P 500. So far in the second quarter, shares are down 27% compared with a 3% slip in the index.
ຫຸ້ນ AMC surged near the end of March; since then, it and other so-called meme stocks—shares that investors had touted on social media and investing platforms—have tumbled. AMC may have confused investors by buying a $28 million stake in a gold-mining company ໃນກາງເດືອນມີນາ.
ຈົດ ໝາຍ ຂ່າວລົງທະບຽນ
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ການສະຫຼຸບໂດຍຫຍໍ້ໃນຕອນເຊົ້າກ່ຽວກັບສິ່ງທີ່ທ່ານຕ້ອງການຮູ້ໃນວັນຂ້າງ ໜ້າ, ລວມທັງການສະ ເໜີ ຄຳ ເຫັນສະເພາະຈາກບັນດານັກຂຽນ Barron ແລະ MarketWatch.
DNB sold 431,078 Apple shares to end March with 4.1 million shares. The stock slipped 1.6% in the first quarter, and has dropped 5.3% since.
ຈາກຫນາກແອບເປີ grew market share for its Macintosh computers in the first quarter, a period when overall PC shipments slipped. An analyst believes a potential hardware-subscription program could push the stock higher. When Apple reports its latest quarter on April 28, the company could increase a stock-buyback program and lift the dividend.
Stock repurchases at PayPal could soar this year since the shares have tumbled in price, and the company’s buybacks are automated. PayPal stock fell 39% in the first quarter, and is down 11.5% so far in the second.
ຂອງ PayPal ລາຍໄດ້ຂອງໄຕມາດທີ່ສີ່, reported in February, and guidance disappointed. Shares dropped 25%, its worst one-day performance until that point. In another setback for PayPal, Chief Financial Officer John Rainey said in April that he is leaving for the CFO post at
Walmart
(WMT).
DNB bought 1.1 million PayPal shares in the first quarter to raise its investment to 1.3 million shares.
The asset manager also bought 817,416 Pfizer shares to end March with 3 million. Pfizer stock fell 12% in the first quarter, and is up 2.6% so far in the second.
Pfizer provided ການຊີ້ນໍາທີ່ຫນ້າຜິດຫວັງ in February, when the company reported fourth-quarter earnings. Earlier this month, Pfizer announced a small but significant acquisition. Last week, Pfizer named a new chief financial officer, and the appointment may hint at how the company plans to spend its Covid-19 vaccine windfall.
ພາຍໃນ Scoop ແມ່ນຄຸນລັກສະນະປົກກະຕິຂອງ Barron ທີ່ຄອບຄຸມທຸລະ ກຳ ຫຼັກຊັບໂດຍຜູ້ບໍລິຫານບໍລິສັດແລະສະມາຊິກໃນຄະນະ - ເຊິ່ງເອີ້ນວ່າຄົນພາຍໃນ - ພ້ອມທັງຜູ້ຖືຫຸ້ນໃຫຍ່, ນັກການເມືອງແລະຕົວເລກທີ່ໂດດເດັ່ນອື່ນໆ. ຍ້ອນສະຖານະພາບພາຍໃນຂອງພວກເຂົາ, ນັກລົງທືນເຫລົ່ານີ້ ຈຳ ເປັນຕ້ອງເປີດເຜີຍການຊື້ຂາຍຮຸ້ນກັບຄະນະ ກຳ ມະການຫຼັກຊັບແລະຕະຫລາດຫລັກຊັບຫລືກຸ່ມກົດລະບຽບອື່ນໆ.
ຂຽນເຖິງ Ed Lin ທີ່ [email protected] ແລະປະຕິບັດຕາມ @BaronsEdLin.