Tag Archives: consumer spending

Robinhood, Carvana And More—These Stocks Are Surging After Announcing Cost Cuts

Topline Shares of Carvana and Beyond Meat surged Friday, making them the latest companies to be rewarded by investors after announcing layoffs or cost cuts in recent weeks amid a challenging economic environment, as Wall Street analysts have largely cheered the cost-saving measures. Analysts largely cheered the cost cuts amid ongoing fears a recession is… Read More »