B. Riley Financial is a diversified financial services firm that offers a wide array of solutions, including investment banking, asset management, financial advisory, and brokerage services. The company serves a broad spectrum of clients, from corporations and institutional investors to high-net-worth individuals, facilitating capital raising, mergers and acquisitions, and strategic advisory initiatives. Additionally, B. Riley Financial provides independent research and valuation services, as well as a suite of financial products, positioning itself as a comprehensive resource for tailored financial solutions in various markets.
Riley Financial Inc. (NASDAQ: RILY), a leading investment bank, has faced a tough year with its stock price dropping by more than 68% . The dramatic decline reflects major struggles, including financial challenges, advisors leaving, and increased regulatory scrutiny. Several experienced financial advisors have chosen to leave B. Riley for its competitors in recent months.
Indie Semiconductor is an exciting chip stock working to progress the field of autonomous driving. Wall Street is bullish on the stock, seeing +70% upside.
B. Riley Financial (NASDAQ: RILY) shares are trading lower Monday after the company announced it expects to record a combined impairment of approximately $120 million due to its investments in Franchise Group.
Riley Financial Inc. (NASDAQ: RILY) has issued a “Buy” rating on Stardust Power Inc. (NASDAQ: SDST), setting a promising price target of $12.00 per share. The diversified financial company recognizes great possibilities in Stardust’s strategies for building one of the largest lithium refineries in the U.S., located in Muskogee, Oklahoma. When fully operational, the refinery is expected to produce an impressive 50,000 metric tons of lithium annually. As final engineering and financing continue, the plant’s strong economic prospects and speedy development schedule have placed Stardust firmly within the lithium market.
B. Riley Financial shares are trading higher Monday after the company announced it has entered into a partnership with Oaktree Capital Management. Here's a look a what's going on:
Big news for Spok Holdings Inc. (NASDAQ: SPOK); last week investment firm B. Riley Financial Inc. (NASDAQ: RILY) initiated coverage of the healthcare IT company, giving it a Neutral rating and a price target of $15. So, what does Spok do, and why does it matter?
B. Riley Financial (NASDAQ: RILY) shares are trading higher following the announcement of significant strategic initiatives, including the sale negotiation of a majority stake in its Great American Group at a $380 million enterprise value, alongside a $236 million debt financing plan for its brands portfolio.
Riley Financial Inc. (NASDAQ: RILY) is currently in a big financial hole that it dug itself after cofounder B. Riley got involved with a friend’s business ventures. The company, which was founded more than 25 years ago, had its stock collapse after a federal investigation on Brian Khan, a close confidant and business partner of Riley.
Russell 2000 ETF (ARCA: IWM) up 2.7%, its strongest session in a month, driven by positive economic data & increased consumer spending, boosting confidence in US economy.
B. Riley Financial Inc (NASDAQ:RILY) shares continue to face heavy selling pressure on Tuesday after the company delayed its quarterly financial results as regulators investigate whether B. Riley properly disclosed risks associated with some of its assets.
