NASDAQ

Wall Street Shares Collapse because of Ukraine

Shares of Wall Street collapsed today amid growing fears of a potential Russian invasion of Ukraine, AFP reported. Markets ignored the good results of Walmart and other companies.

Price of Gold with a Max. Value since June

The Dow Jones Industrial Average ended 1.8 percent, a loss of more than 620 points and ended at 34,312.03 points.

Akazoo sacks CEO in
 wake of QCM report

The governing board of online music streaming company Akazoo, which was the subject of allegations by the Quintessential Capital Management (QCM) fund last month, decided on Friday to dismiss chief executive officer Apostolos Zervos.
QCM released a report in April alleging that Akazoo had been misleading its shareholders. 

Akazoo is facing legal proceedings

A series of US legal firms on Tuesday invited the shareholders of Greek online music streaming company Akazoo to take part in legal cases being launched against the Athens-based corporation on the grounds of cheating, following a hedge fund report alleging serious irregularities at the Nasdaq-listed enterprise.

QCM: Akazoo is a ‘castle of cards’

The Quintessential Capital Management fund, whose managing partner Gabriel Grego was instrumental in revealing the true state of Greek jewelry company Folli Follie, has now claimed in a report that music streaming company Akazoo SA will be the next Greek enterprise to crumble. Akazoo, listed on the Nasdaq since last September, is accused of trying to profit at its shareholders' expense.

Pages