MAY 25·businesstimes.com.sg▲
Japan’s Nikkei jumps past 65,000 mark for first time on Iran talks optimism
Japan’s Nikkei 225 rose 3.12% to 65,316.79 on May 25, first closing above 65,000, after intraday highs of 65,408.57. Topix gained 1.39% to 3,946.67. Reuters reports optimism over US-Iran talks: Trump said a memorandum was “largely negotiated” to reopen the Strait of Hormuz, though he later urged no rush. Oil prices fell, lifting risk sentiment; Nomura’s Maki Sawada cited remaining deal uncertainty.
APR 17·MarketBeat→
Short Interest in Fiverr International (NYSE:FVRR) Declines By 19.4%
Fiverr International (NYSE:FVRR) experienced a 19.4% decrease in short interest in March, with 4,214,126 shares sold short as of March 31st. The stock currently has a short-interest ratio of 5.0 days and trades around $10.91. Analysts maintain a "Hold" rating with an average price target of $19.30, despite recent target price reductions from several firms.