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The Financial Express

GameStop rally fizzles

GameStop Corp closed 6 per cent lower on Friday as an early rally fizzled but the stock finished the week 151 per cent higher in a renewed surge that left analysts puzzled. The video game retailer's shares closed at $101.74...

Preference shares start enticing investors

Individual investors are now showing interest in preference shares as reflected in the closing of a debt instrument subscription. People familiar with the development said high returns and tax benefit were the main reasons for the interest. The City Bank has recently issued preference shares to raise Tk 1.49 billion (149 crore) for two power...