K Wave Media Rises, Dollar Tree Warning, CrowdStrike Drops
On this edition of Stock Movers:- K Wave Media (KWM) shares more than tripled after the company said it would sell $500 million of shares to buy and stash bitcoin on its balance sheet.- Dollar Tree (DLTR) shares are down as the company warned investors that its second-quarter profit could be down as much as 50% from a year ago as it deals with tariff-related costs. The retailer said the timing of expenses will weigh on adjusted earnings per share, including paying 145% levies on some products from China. The chain then expects profit to “re-accelerate” in the remainder of the…
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