Web Stories Friday, April 26
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Check out the companies making headlines in midday trading: Victoria’s Secret — Shares dropped 3.5% after Goldman Sachs initiated coverage of the stock with a sell rating, saying it sees a “tough macro and ongoing competitive pressure” for the lingerie company in the near term. Longer term, the firm is constructive on the company’s loyalty initiatives and renewed merchandise focus. Meta Platforms — The Facebook parent company plunged more than 11%. Meta reported lighter-than-expected second-quarter…

United States

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Politics

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Logan Paul’s sports drink company, Prime, is being sued for allegedly deceiving consumers about the ingredients in its energy drink.  A New York woman is claiming that Prime Hydration LLC, distributed by Congo Brands, is using “deceptive, and misleading advertising” regarding the caffeine content of its 12-ounce energy drinks.The bottles…

Lifestyle

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