Although it was piss-poor week from the S&P and the Dow, the Nasdaq showed up a closed ahead. As is standard in times of debt crisis, investors nervous that the U.S. might default have been buying credit default swaps despite the higher relative pricing. With that being said, debt ceiling talks will continue this week.
Despite gaining 57% in share price, Shake Shack (NYSE:SHAK) is facing a proxy battle from Engaged Capital, who wants to enact changes in an effort to return shares back to their 2021 glory. For more details, the article is on our news page.
For your consideration: Iteris, Inc. (Nasdaq:ITI), an intelligent transportation systems technology company working to create a smarter mobile infrastructure. As of today, its share price is up 45% year-to-date. Check out the full analysis on our page.
You know the drill, investing always comes with some level of risk, so make sure to do your research and consult with a financial advisor before making any big decisions. Remember, stay smart, stay informed, and stay invested!
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