Virtus Investment Partners Tumbles After Morgan Stanley Double Downgraded

Virtus Investment Partners Tumbles After Morgan Stanley Double Downgraded

By Sam Boughedda Investing.com — Shares of Virtus Investment Partners Inc (NASDAQ:) tumbled 5% on Friday after Morgan Stanley downgraded the stock to underweight from overweight, slashing the price target to $240 from $393. Analyst Michael Cyprys said in a research note that he sees “deteriorating fund performance that could further weigh on the flows outlook.” […]

Zomato stock dips nearly 3% after CCI’s probe order

Zomato stock dips nearly 3% after CCI’s probe order

Zomato’s shares were trading at ₹83.70 on Tuesday morning. It currently sits on a market cap of ₹66,084 crore ($8.7 billion). Zomato’s shares have fallen over 33% since its listing in July 2021. The share price of Zomato dipped nearly 3% on Tuesday morning, a day after the Competition Commission of India (CCI) decided to […]