Tales of out-of-work 20 and 30-somethings using coronavirus-stimulus checks to scoop up stocks on Wall Street with reckless abandon are emerging fast and furiously, but the reasons behind the recent fervor for investing is, perhaps, far simpler. See full story.
Bankrupt Hertz gets approval to sell up to $1 billion in stock — but experts expect equity to be wiped out
The market dislocation wrought by the coronavirus pandemic has a new poster child in Hertz Global Holdings Inc., which has granted approval late Friday by a court to sell stocks amid a bankruptcy filing. See full story.
Asymptomatic transmission of coronavirus appears to be…