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Asset Managers Warn of Failed Trades as US Market Speeds Up

(Bloomberg) Global investment houses are bracing for more failed trades as a result of plans to halve the time it takes to settle American stock transactions to just one day. Most Read from BloombergBiden, Xi to Announce China’s Crackdown on Fentanyl TradeThailand Takes $28 Billion Malacca Strait Bypass Plan to USWall Street Divided Over Just How Aggressive Fed Cutting Will BeUBS Strategists See Far Deeper Fed Rate Cuts Than What Markets Are PricingUS Inflation Report to Keep Fed Leaning Towa

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FX Market Needs to Prepare for Shift in How Equity Trades Settle, Fed Official Says

FX Market Needs to Prepare for Shift in How Equity Trades Settle, Fed Official Says
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Sundial Growers Turns Back the Clock

Sundial Growers Turns Back the Clock InvestorPlace 12/30/2020 © Source: Shutterstock a handful of marijuana buds The cannabis industry heading into 2021 continues to flourish. Growers, dispensaries and recreational use-space entrepreneurs should expect a bonanza in the years ahead. That’s not to say every company has enjoyed smooth sailing, especially Sundial Growers (NASDAQ: © Provided by InvestorPlace a handful of marijuana buds Since it bowed in August 2019, SNDL stock has impersonated a setting sun, dipping from $11.70 to 49 cents per share. It’s been one ugly, unabated ride down. Those ensconced at the company’s Calgary headquarters have grappled with financial restructuring and no doubt done some soul searching. If pot is hot and marijuana’s where it’s at for investors, how did things turn out this bad?

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