News

Creative Media & Community Trust announces 1-for-10 reverse stock split

Creative Media & Community Trust Corporation announced that its Board of Directors has approved a reverse stock split of CMCT common stock at a ratio of one-for-ten. The Reverse Stock Split will become effective at 12:01 a.m. Eastern Standard Time on January 6, 2025, and CMCT common stock will begin trading on the Nasdaq Global Market on a split-adjusted basis at market open that same day. At the Effective Time, every ten shares of CMCT common stock issued and outstanding immediately prior to th

European stocks dip at the end of holiday-shortened week

Swiss stocks rose 0.2% in their first trading session of 2025. U.S. stock markets recorded a strong showing in 2024, helped by optimism around artificial intelligence and the Federal Reserve's interest rate cuts. Traders are awaiting U.S. manufacturing activity data as well as speeches by the Fed and the European Central Bank officials later in the day.