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Tag Archives: short

Joe Biden says Trump’s Covid vaccine effort far short its own goals

Joe Biden says Trump's Covid vaccine effort far short its own goals

President-elect Joe Biden on Tuesday criticized the Trump administration’s effort to distribute and administer Covid vaccine shots, saying that the administration has failed to meet its own goals. “The Trump administration’s plan to distribute vaccines is falling behind, far behind,” he said at a news briefing. “As I long feared …

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Darden Restaurants (DRI) Q2 2021 earnings beat, sales fall short

Darden Restaurants (DRI) Q2 2021 earnings beat, sales fall short

Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly¬†revenue that fell short of analysts’ expectations as another wave of pandemic-related dining restrictions weighed on its same-store sales. For next quarter, typically its best of the …

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Shares of Penumbra tank after short seller releases critical report

Shares of Penumbra tank after short seller releases critical report

Shares of Penumbra slid more than 12% on Tuesday after short-seller Quintessential Capital Management released a critical report on the California-based medical devices maker. Quintessential Capital has a short position in Penumbra, meaning it is betting that the stock will go down. The firm first began to target Penumbra last …

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