Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

UPDATE 2-More U.S. companies return payroll loans after new Treasury guidance [Reuters (UK)]

Potbelly Corporation (PBPB) 
Last potbelly corporation earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.potbelly.com/investor-relations
Company Research Source: Reuters
More U.S. companies return payroll loans after new Treasury guidance - Reuters 5 Min Read WASHINGTON/BOSTON (Reuters) - U.S. companies on Thursday began refusing government loans they were just awarded, after the Treasury Department said that publicly traded firms would have a hard time proving they really needed the coronavirus relief funds. The about-face underscores problems with the way the Treasury’s Payroll Protection Program (PPP), designed to keep American workers on company payrolls and off unemployment during coronavirus-related lockdowns, was structured and rolled out. Some large well-funded companies were granted millions of dollars from the $350 billion pool of funding, while many small, mom-and-pop shops were unable to access any funding at all, sparking public outrage. “Under the rubric of helping small businesses on Main Street, well-intentioned programs like PPP have ended up helping medium and big companies,” said Aaron Klein, a fellow at the Brookings Institution. T Show less Read more
Impact Snapshot
Event Time:
PBPB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PBPB alerts
Opt-in for
PBPB alerts

from News Quantified
Opt-in for
PBPB alerts

from News Quantified