STRC, a dividend-paying preferred stock linked to bitcoin, dropped to $91.79, close to its third-lowest price since July 2025. The decline is driven by bitcoin's price drop to around $65,000, dividend sustainability worries after reduced coverage due to debt repayment, and competition from Strive's SATA stock offering higher yield and daily dividends. STRC now trades at a significant discount to SATA, and investors may demand a higher dividend rate before STRC can regain its $100 par value.
17 Education & Technology Group Inc. reported a strong first quarter for 2026 with net revenues soaring 359% year-over-year to RMB99.5 million, driven by its AI-powered personalized learning app Yiqi Aixue. The company improved its gross margin to 61...
The Schall Law Firm is investigating Simulations Plus, Inc. for potentially issuing false or misleading statements and failing to disclose important information to investors. This probe could impact shareholders who may have suffered losses due to th...
Brodsky & Smith LLC has announced investigations into the merger agreements of Simulations Plus, Roku, TruBridge, and Organon. The investigations focus on whether the respective company boards breached their fiduciary duties by not ensuring a fair pr...
Jeppesen ForeFlight has received the Department of Defense Impact Level 5 (IL5) Authority to Operate, the highest cybersecurity clearance for unclassified cloud systems. This authorization allows military and defense organizations to use ForeFlight f...
Sun Life Global Investments declared cash distributions for June 2026 for its exchange-traded fund (ETF) series. Unitholders of record on June 23, 2026, will receive payments on June 30, 2026, with distribution amounts ranging from CAD 0.075 to CAD 0...
