(Bloomberg) -- Canadian holding company Tiny Ltd. plunged 16% on Monday after its founders stepped down as co-CEOs and one of them said he’d dispose of...
-- Canadian holding company Tiny Ltd. plunged 16% on Monday after its founders stepped down as co-CEOs and one of them said he’d dispose of millions of shares.NYC Landlord to Sell Office Building at Roughly 67% DiscountTiny mainly invests in internet companies. Last week it announced a new CEO and said co-founders Andrew Wilkinson and Chris Sparling would become co-chairs of the board, adding they’d remain “actively involved.
“This was pre-planned for a long time and discussed in Andrew’s upcoming book, Never Enough, where he details his decision to give back to early employees who contributed meaningfully to the success of the company.” Before that, its fourth-quarter earnings in April were described as “lackluster” in a research note from Canaccord analysts led by Robert Young. Some C$3.3 million of losses on sales of subsidiaries last year “undermine the argument that Tiny’s investment record has been successful,” the note added.
Constellation Software is a magnificent tech high-flyer that's not done surging quite yet. The post Up, Up, and Away! 1 Soaring Canadian Tech Stock at New Highs That I’d Buy Now appeared first on The Motley Fool Canada. -- Mexico’s peso sank after President-elect Claudia Sheinbaum said a proposed reform of the nation’s judicial system would be among the first to be discussed in congress, spooking investors who worry it will erode checks on the ruling party.
Bloomberg Holding Company Chris Sparling Internet Companies
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian Investor Inspired by Warren Buffett Sinks After Founder SellsCanadian holding company Tiny Ltd plunged 16% on Monday after its founders stepped down as co-CEOs and one of them said he’d sell millions of shares.
Read more »
Before the Bell: What every Canadian investor needs to know todayA look at Monday morning’s market action
Read more »
Air Canada drops a new, mouth-watering, international menu inspired by Canadian talentAir Canada’s major upgrade of onboard dining for all travellers features new culinary offerings and globally-inspired flavours.
Read more »
Before the Bell: What every Canadian investor needs to know todayA look at Tuesday morning’s market action
Read more »
Before the Bell: What every Canadian investor needs to know todayA look at Wednesday morning’s market action
Read more »
Before the Bell: What every Canadian investor needs to know todayA look at Thursday morning’s market action
Read more »