One MobiKwik’s stock dropped by nearly 13% after reporting increased customer acquisition costs, fixed costs, and user incentives, resulting in net losses for the second straight quarter. The company saw growth in GMV and users but faces challenges in maintaining profitability, alongside an inflated stock price since its listing.
Commodity Radar: Sell gold on rise as yellow metal consolidates. 5 technical factors to watch out for
Gold prices experienced rangebound trading on Monday, influenced by easing US-China trade tensions and a strong U.S. jobs report that tempered expectations of Federal Reserve