Investing.com -- Bank of America (BofA) relayed a cautious stance on the Russell 2000, suggesting it is too early for investors to buy into the small-cap index despite the recent sell-off.
investing.com·5mo ago
This Financial Services Firm Lost Over Half Its Market Cap On Monday — Retail Vents Frustration
B. Riley shares plunged over 55% by Monday noon after the firm said it will be suspending its common dividend as it prioritizes deleveraging. The company indicted that net loss for the quarter-ended June 30, 2024 is expected to be in the range of $435 to $475 million