Tag Archives: abruptly

The Santa Claus rally in stocks may end abruptly

David Rosenberg.CNBC The Santa Claus rally in shares may finish abruptly with a “nasty January,” David Rosenberg stated. The economic system might droop in 2024 as previous fiscal extra and interest-rate hikes are headwinds, he stated. The Rosenberg Analysis president issued his newest bleak outlook in a analysis notice this week. Shares seem overstretched after their Santa Claus rally and …

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Planet Fitness stock plunges as CEO abruptly steps down, surprising Wall Street

Yet one more CEO turnover. On Friday, Planet Health’s (PLNT) board introduced the choice to “transition to new management,” ensuing within the departure of 30-year firm veteran and CEO Chris Rondeau. “As we enter the following chapter of Planet Health’ journey, the Board felt that now was the correct time to transition management,” Stephen Spinelli, Jr., the board’s chairman, mentioned …

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