NASDAQ:WBUY

Webuy Stock Resumes Trade With Share Overhang After Holiday Pause
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Webuy Stock Resumes Trade With Share Overhang After Holiday Pause

Webuy Global Ltd faces another share-supply overhang as trading resumes Tuesday, after losing about 5% last week while major indexes rose. A recent prospectus allows Dogwood Partners to resell up to 50.2 million Class A shares, compared to 5.2 million outstanding. WBUY closed Friday at $1.13 with thin volume. The company has shifted its main business to travel, reporting $3.34 million in bookings at a recent fair.
May 25, 2026

Stock Market Today

  • ASX Investors Face Hidden Overexposure to US 'Magnificent 7' Tech Giants
    May 29, 2026, 8:06 PM EDT. Many Australian investors may unknowingly hold significant stakes in the US tech giants known as the 'Magnificent 7'-Microsoft, Amazon, Alphabet, Meta Platforms, Apple, Tesla, and NVIDIA. These companies dominate various US exchange-traded funds (ETFs) like BetaShares Nasdaq 100 (NDQ), Schwab U.S. Large-Cap Growth (SCHG), iShares S&P 500 (IVV), and others widely held in Australia. In addition, large positions in listed investment companies (LICs) such as MFF Capital and ETFs like VanEck Morningstar Wide Moat (MOAT) further increase exposure. Superannuation funds also typically include these stocks, amplifying collective investment risk. Investors should audit their portfolios to understand the extent of their indirect and direct holdings in these tech behemoths amid their growing market dominance.