Shares in GameStop GME, +8.45% closed up 8.5% Thursday, while stock in AMC Entertainment AMC, +12.40% soared 12.4% as retail investors digested global unrest and some trouble for one —or maybe two— Wa...
Tag: share price movement
Zscaler stock drops after forecast outlook range dips below Street view
Zscaler Inc. shares dropped in the extended session Thursday after the cybersecurity company forecast an earnings range that dipped below Wall Street expectations following a rally in the regular sess...
Ukraine Invasion Sends Chill Through TSMC Shares
Text size Taiwan Semiconductor Manufacturing saw its share slide Tuesday even as those of most other chipmakers rose. Sam Yeh / AFP via Getty Images Taiwan Semiconductor Manufacturing shares dropped T...
Virgin Galactic stock rises after narrower Q4 loss, first sales
Virgin Galactic Holdings Inc. shares rose more than 3% late Tuesday after the space-tourism company reported a narrower quarterly loss and said that demand for its “one of a kind” space flights remain...
SoFi Stock Drops After News of Deal for Technisys
Text size The SoFi website is shown on a smartphone. Gabby Jones/Bloomberg Shares of SoFi Technologies plunged more than 8% Tuesday after the fintech said it is buying the banking software provider Te...
Home Depot Stock Dips Despite Earnings Beat and Dividend Hike
Text size Home Depot posted better-than-expected sales and profits Tuesday. Nicholas Kamm/AFP/Getty Images Home Depot stock lost steam Tuesday even as the home-improvement retailer reported stronger-t...
Energy Vault Stock Is Soaring. The Reason Is Obscure.
Text size An Energy Vault commercial demonstration unit. Business Wire Sometimes the market can be tough to figure out. Shares of energy storage player Energy Vault Holdings (ticker: NRGV) are up 34% ...
Amplitude Stock Falls 50%. It’s a Buying Opportunity, One Analyst Says.
Text size Amplitude guidance for full-year and first-quarter revenue was lower than consensus. One Photo/Dreamstime Amplitude stock is cratering Thursday, triggered by disappointing full-year guidance...
Shopify Stock Tumbles After Forecasting Slower Revenue Growth
Shares of Shopify Inc. tumbled 16% Wednesday, after the e-commerce software provider told investors that the forces that made it one of the biggest winners of the Covid-19 pandemic are starting to slo...
GE Stock Is Soaring. The Annual Report Has Provided a Boost.
Text size A GE Aviation Test Operations facility. Luke Sharrett/Bloomberg General Electric stock is higher Tuesday. The market is up, as well, and upbeat company-specific Wall Street commentary is als...
Cisco Stock Jumps on Strong Earnings and a Growing Buyback
Text size Cisco Systems reported better-than-expected earnings on Wednesday. Gabriel Bouys/AFP via Getty Images Cisco Systems shares are trading higher after the company posted better-than-expected re...
Ericsson Shares Sink After Company Says It May Have Made Payments to ISIS
Text size TT News Agency/AFP via Getty Images Shares of Ericsson plunged on Wednesday after the Swedish telecom equipment maker said an internal investigation identified that it may have made payments...
AMD Stock Rose After Company Closed Buy of Xilinx
Text size AMD completed the acquisition of Xilinx. Dreamstime Advanced Micro Devices said Monday morning that it completed its all-stock acquisition of Xilinx, and AMD CEO Lisa Su added the chair titl...
Goodyear Stock Plunged Friday. This Analyst Says It Went Too Far.
Text size Goodyear said its production costs are rising. Todd Warshaw/Getty Images A spectacular drop in Goodyear stock on Friday was an overreaction, according to J.P. Morgan analyst Alan Brinkman. H...
Cathie Wood’s ARK Snaps Up Sea Stock After Reports India Bans Game
Text size Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC Alex Flynn/Bloomberg Sea Ltd. shares were rebounding Tuesday, after plunging on Monday foll...
ViacomCBS renames itself Paramount Global after it adds a record 9.4 million streaming subscribers
ViacomCBS Inc. said it is renaming itself Paramount Global this week after it reported a record surge in its streaming-service business. “Effective February 16, we’ll be bringing together our leading ...
Lithium Americas Stock Jumps After a Bullish Call
Text size This photo taken on March 12, 2021, shows a worker with car batteries at a factory for Xinwangda Electric Vehicle Battery Co., which makes lithium batteries for electric cars and other uses,...
Splunk Stock Surges on Report of $20 Billion Cisco Buyout Offer
Text size Cisco made an offer to acquire Splunk for more than $20 billion, according to the Wall Street Journal. Justin Sullivan/Getty Images Shares of Splunk were rising sharply Monday on a report th...
PayPal Stock Lost 2 Years of Gains. CEO Dan Schulman Bought Up Shares.
Text size PayPal President and CEO Dan Schulman Drew Angerer/Getty Images Nearly two years of gains have been wiped from PayPal Holdings’ market value since the payments company reported a disappointi...
Giant Pension Exited Alibaba and Bought Coinbase, Lucid, and Rivian Stock
Text size Alibaba is no longer a holding in a New Jersey pension fund. Greg Baker/AFP via Getty Images Late in 2021, New Jersey’s state pension bought up newly public stocks that have plunged so far i...
Cathie Wood’s ARK Stays the Course, Betting Big on Innovation
Cathie Wood’s ARK Investment Management LLC is snapping up more shares of largely unprofitable companies, doubling down on a bet that many traders and investors expect to be tested this year by rising...
Buy Synaptics Stock. It’s the Best-Performing Chip Stock.
Synaptics historically made fingerprint sensors and other chips to power touchscreens and has more recently expanded into the Internet of Things business. Illustration by Stuart Briers Text size The s...
Exxon Stock Has Surged. A Big Investor Sold $120 Million of Shares.
Text size Exxon Mobil shares have surged with the rise in oil prices. Director Jeff Ubben’s Inclusive Capital Partners recently sold $120 million of the energy giant’s stock. Spencer Platt/Getty Image...
AMD Stock Sees Steep Drop Ahead of Xilinx Acquisition
Text size This week, AMD stock saw its biggest two-day decline since October 2018. David Paul Morris/Bloomberg Advanced Micro Devices stock has come under severe selling pressure just ahead of the com...
AMD Stock Is Down This Year. Why the Dip Is an Opportunity to Buy.
Text size AMD stock has taken a beating, along with shares of other tech companies. Courtesy AMD Advanced Micro Devices stock looks more attractive following upbeat earnings and a lower share price, m...
Zillow’s lost more than $230 million in its iBuying fire sale, but the stock is still surging
Three months after a home-flipping initiative imploded in an embarrassing public display, Zillow Group Inc. reported record revenue from selling the underwater homes Thursday and predicted big sales a...
Facebook Stock Is Rising. Today’s the Day It Might End Its Slide.
Text size Mark Zuckerberg, CEO of Meta Platforms Alex Wong/Getty Images Wednesday just might be the day that shares of Meta Platforms , the parent company of Facebook and Instagram, bounce off rock bo...
Pfizer Stock Is Falling. Did Investors Misunderstand the Revenue Guidance?
Pfizer CEO Albert Bourla talks. John Thys/Pool/AFP/Getty Images Text size Pfizer shares dropped sharply after the company’s 2022 sales guidance appeared to fall short of expectations. The guidance tha...
Enphase Energy Stock Jumps. It Has Solved the Solar Supply-Chain Problem.
Text size A general view of solar modules Feng Li/Getty Images Enphase Energy shares were rising sharply Wednesday after the solar energy company’s quarterly earnings and first-quarter guidance barrel...
Enphase Energy’s Earnings and Guidance Top Estimates. The Stock Is Soaring.
Text size A general view of solar modules Feng Li/Getty Images Enphase Energy shares were soaring Wednesday after the solar energy company’s quarterly earnings and first-quarter guidance barreled past...
Pfizer Stock Fell 2.8%. Did Investors Misunderstand the Revenue Guidance?
Text size Pfizer CEO Albert Bourla talks. John Thys/Pool/AFP/Getty Images Pfizer shares dropped sharply on Tuesday after the company’s 2022 sales guidance appeared to fall short of expectations. The g...
Intel Has Fallen 30% Since This Analyst Cut His Rating. He Just Upgraded the Stock.
Intel plans to invest heavily in its operations over the next three years. Courtesy Intel Corporation Text size A bold turnaround plan won’t be cheap for Intel, but shares have fallen 30% since Chris ...