Text size An AMC theater Dreamstime A large European asset manager slashed its investment in the volatile shares of a movie-theater chain, and made other changes in its U.S.-traded stock portfolio. DN...
Tag: share price movement
Tesla CEO Elon Musk Will Have No Trouble Financing Twitter
Text size Tesla Motors CEO Elon Musk at the “Cyber Rodeo” opening party, April 7, 2022, in Austin, Texas. AFP via Getty Images Rich people rarely have to pay cash. Tesla CEO Elon Musk has ...
Costco Thrives by Mastering Traditional Retailing. Now It’s Challenging Amazon.
Illustration by Elias Stein Text size Costco Wholesale is challenging Amazon.com by keeping things simple: limited selection, low prices, good execution. With just 7% of its sales online, it’s the ant...
EV Battery Firm QuantumScape Stock Is Rising
Text size Car batteries at a factory. STR/AFP via Getty Images Electric-vehicle battery technology company QuantumScape picked up a new rating. It’s lukewarm, but the stock is rising Wednesday. Deutsc...
Sierra Oncology Stock Soars After $1.9 Billion Takeover by GSK
Text size The deal comes ahead of GlaxoSmithKline’s planned spinoff of its consumer health division in July. AFP via Getty Images GlaxoSmithKline has agreed to buy U.S. rare cancer therapy compa...
Antares Pharma Stock Soars After $960 Million Halozyme Buyout
Text size Nasdaq-listed Antares Pharma is being bought by Halozyme Therapeutics in a deal valued at $960 million. Michael Nagle/Bloomberg Shares of Antares Pharma surged more than 47% in premarket tra...
Sierra Oncology Stock Soars After $1.9 Billion Takeover by GlaxoSmithKline
Text size AFP via Getty Images GlaxoSmithKline has agreed to buy U.S. rare cancer therapy company Sierra Oncology for $1.9 billion in cash, as it looks to boost its portfolio of new specialty medicine...
Kohl’s Stock Climbs on Reports of a $9 Billion Offer From Franchise Group
Text size Kohl’s stock has risen this year on hopes for a buyout. Justin Sullivan/Getty Images Kohl’s stock climbed on a report Tuesday that Franchise Group is the latest company to throw its ha...
How the AT&T Spinoff Has Complicated Trading in Its Stock
Text size Photograph by Mike Mozart Trading in AT&T stock on Monday may confuse some investors, because the base share price has been adjusted to reflect the closing on Friday of the merger of AT&...
WD-40 Stock Soars After Earnings. Analyst Expects Better Times.
Text size The price of crude oil is a key point to watch for WD-40 stock. Dreamstime The maintenance and cleaning products company WD-40 is likely finished with cutting its financial forecasts, and be...
Stock Splits Are Popular Again. 5 Companies That Could Split Their Stocks Next
Stock splits are back in vogue, and the market is quickly rewarding companies that divide their shares. Google parent Alphabet , Amazon.com , Tesla , and GameStop are among the latest companies to see...
Ford Stock: Auto Industry Problems Growing, Car Stock Enthusiasm Wanes
Text size The Ford logo is displayed on the sales lot at the Ford Store in San Leandro, California. Justin Sullivan/Getty Images The auto sector faces a number of headwinds that are too much for one a...
UPS Stock Is Down For a Seventh Straight Day. Here’s Why.
Text size UPS stock is on a seven-day losing streak. Alex Wong/Getty Images United Parcel Service stock is on an ignominious streak, falling for seven consecutive days. There hasn’t been much compan...
Rivian’s Production of Electric Trucks More Than Doubles. The Stock Falls.
Text size Courtesy Rivian Production at Rivian Automotive grew in the first quarter from the fourth, but the stock was falling Wednesday. Rivian (ticker: RIVN) reported first-quarter production on Tue...
Elon Musk Is Suddenly Twitter’s Largest Shareholder: Here’s a List of the Top 10 Holders
In 2021, billionaire CEO Elon Musk reached several milestones across Tesla, SpaceX and Starlink. WSJ reporters Rebecca Elliott and Micah Maidenberg break down some of his biggest moments in 2021 and w...
Missed the Dip in Stocks? Where to Find Yields of 3% to 6%.
I sneezed, and missed the buying opportunity in stocks. The S&P 500 was down 13% at one point this year. It ended the first quarter with a loss of just 4.6%, including dividends. But all of the ba...
GM and Ford Shares Are Falling. Vehicle Recalls May Be Taking a Toll.
Text size A Ford Motor plant Scott Olson/Getty Images General Motors and Ford Motor both announced vehicle recalls Friday. Investors appear nervous, as both shares are falling, but that’s probably an ...
Tesla Deliveries Met Wall Street Estimates. Here’s What Comes Next for Shares.
Tesla reported first-quarter deliveries in line with expectations. Here, new Tesla cars sit in front of a Tesla dealership in Corte Madera, Calif., last year. Justin Sullivan/Getty Images Text size Te...
Intel CEO Gelsinger’s reaps near-$180 million windfall from ‘significant magnitude’ of new-hire awards
Pat Gelsinger had a very, very good year in 2021. He started the year as VMware Inc.’s VMW, -2.00% chief executive officer, where he took in total compensation of $16.5 million during the fiscal year ...
Costco Stock Is Near Record Highs. Why It Could Keep Climbing.
Text size Costco stock currently trades at more than 41 times forward earnings. Justin Sullivan/Getty Images While many retailers have floundered in 2022 on fears that inflation will cut into consumer...
MicroStrategy to borrow against its bitcoin holdings to buy more of the cryptocurrency
MicroStrategy has been conducting a strategy for some time of using its data analytics business to fund the purchase of bitcoin. Now it’s taking that strategy one step further — it’s borrowing, agains...
Apple Stock Is on Its Hottest Winning Streak Since 2003. What Happens Next.
Text size Apple stock is on a historical tear. Sascha Steinbach/Getty Images for Apple Apple stock hasn’t had a winning streak this hot since spring 2003. Shares in Apple (ticker: AAPL) have climbed i...
Hycroft Mining stock’s ‘memester’-induced rocket ride is making AMC a lot of money
Shares of Hycroft Mining Holding Corp. rallied in very active trading Tuesday, as the gold and silver miner enjoyed its new meme-like status, with help from new investor AMC Entertainment Holdings Inc...
Target Prices for Ford and GM Are Slipping. Tesla Is Holding Up Better.
Text size The assembly line at a General Motors plant in Michigan, in 2012. Bill Pugliano/Getty Images Wall Street is taking a less upbeat view of the stock-price outlook for General Motors and Ford M...
QuantumScape May Bring Drivers an All-Electric Porsche 911, Report Says
Text size Porsche aims to have 80% of its sales come from all-electric cars by the end of the decade. Courtesy Porsche Iconic sports cars are going electric. The Ford Mustang has the all- electric Mac...
NeoGenomics stock plunges more than 20% as CEO departs after disappointing quarter
NeoGenomics Inc. Chief Executive Mark Mallon stepped down Monday as the health-testing company revealed that first-quarter financials will miss guidance and rescinded its forecast for the full year, s...
Boeing’s 737 MAX 10 Faces Delays. It Might Not Be a Major Problem.
Text size A Boeing 737 MAX 10 airliner. Ellen Banner-Pool/Getty Images Boeing stock is lower Monday morning. The company’s regulatory woes might be creating another overhang in the shares. The new iss...
Apple Stock Falls and Suppliers Decline on Report of iPhone SE Output Cuts
Text size The next-generation iPhone SE Courtesy Apple Shares of Apple and the tech giant’s suppliers were falling early Monday following a Nikkei Asia report that said Apple plans to make about 20% f...
XPeng Earnings Are Coming Monday. Here’s What To Expect.
XPeng shares are down about 46% this year, far worse than the 5% drop in the S&P 500. Hector Retamal/AFP via Getty Images Text size Chinese electric vehicle maker XPeng will report fourth quarter ...
GameStop stock shows rare resiliency as it rises to longest win streak in more than 4 years
Shares of GameStop Corp. continued to charge higher Friday, to extend the win streak that started nine trading days ago, after they closed at a one-year low. The videogame and consumer electronics ret...
Tesla Stock Has Been on a Tear. Can Deliveries Data Keep It Going?
Text size New electric cars at the official opening of the new Tesla manufacturing plant on March 22 in Germany. Christian Marquardt/Getty Images A Tesla Model S Plaid can go from 0 to 60 in just two ...
Worried About a Recession? Buy IBM Stock, Morgan Stanley Says.
Text size IMB stock is a buy according to Morgan Stanley. Dreamstime Worried about recession? Then maybe you want to take a fresh look at IBM stock. That advice comes courtesy of Morgan Stanley analys...