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Tag: Shares
Novavax shares just tanked 35%: find out why
Shares of Novavax Inc (NASDAQ: NVAX) tanked nearly 35% in extended trading on Monday after the biotech company reported thoroughly disappointing results for its fiscal second quarter and lowered its a...
2 Companies Where Insiders Are Gobbling Up Shares
Insiders used the rally in the markets in July to take some money off the table it would seem. The ratio of insider selling compared to insider buying moved to its highest level in 2022. Given the unc...
Palantir shares opened 15% down on Monday: what happened?
Shares of Palantir Technologies Inc (NYSE: PLTR) opened nearly 15% down on Monday after the data analytics company reported an unexpected loss (adjusted) for its fiscal second quarter. Palantir Q2 ear...
iRobot shares rise 20% after announcing an acquisition agreement with Amazon
iRobot (NASDAQ: IRBT) stock increased 20% after announcing it had executed a definitive merger agreement with Amazon (NASDAQ: AMZN) whereby Amazon will acquire the company. iRobot is well-known for ma...
Romeo Power shares up 20% after announcing it was being acquired by Nikola
Romeo Power Inc. (NYSE: RMO) stock rose 20% after announcing an all-stock purchase agreement with Nikola (NASDAQ: NKLA). The company announced it had executed a definitive purchase agreement whereby i...
Will Ethereum Be Harmed by New Forks? Vitalik Buterin Shares His Take
Alex Dovbnya New proof-of-work forks are highly unlikely to succeed, according to Vitalik Buterin Ethereum co-founder Vitalik Buterin has dismissed concerns regarding the brewing civil war within the ...
DraftKings shares are up 20% on Friday: this is why
Shares of DraftKings Inc (NASDAQ: DKNG) are close to 20% up on Friday after the sports betting company reported a narrower-than-expected loss for its fiscal second quarter and raised its guidance for ...
CEO of Bankrupt Voyager Sold $30M in Company Shares Near Stock’s Peak in 2021: CNBC
Steve Ehrlich, CEO of now-bankrupt crypto broker Voyager Digital, sold more than $30 million in company shares in 2021, according to a CNBC analysis of Canadian Securities Exchange filings. After list...
Tesla Investors Clear 3-for-1 Stock Split as Shares Rebound
(Bloomberg) — Tesla Inc. shareholders approved a three-for-one stock split on Thursday as the electric-vehicle maker seeks to attract an even larger number of retail investors amid a furious ral...
Coinbase (COIN) Shares Soar 18% Following BlackRock Announcement
Coinbase (COIN) shares are trading for $95.55 following the announcement of its partnership deal with Blackrock. That’s up 18% from Wednesday’s $80.81 close – adding to a mysterious momentum boost the...
International Business Machines Shares Cross 5% Yield Mark
In trading on Thursday, shares of International Business Machines were yielding above the 5% mark based on its quarterly dividend (annualized to $6.6), with the stock changing hands as low as $131.02 ...
NanoViricides shares soar 41% after announcing plans to develop a monkeypox treatment
Shares of NanoViricides Inc. NNVC, +39.88% jumped 41.8% in premarket trading on Thursday after the company said it began developing a monkeypox treatment. There are currently no approved or authorized...
Lordstown Motor shares up 4.8% premarket after posting small Q2 profit and affirming on track with Endurance electric pick-up truck
Lordstown Motors Corp. shares RIDE, +7.18% rose 4.8% in premarket trade Thursday, after the company surprised with a small second-quarter profit as it gears up for the launch of its Endurance truck in...
Coinbase shares soar in boost from meme traders, BlackRock crypto deal
The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Staple...
Cigna shares up 1.7% premarket after Q2 earnings beat
Cigna Corp. shares CI, +0.11% rose 1.7% in premarket trade Thursday, after the health care services company beat earnings estimates for the second quarter. Cigna posted net income of $1.981 billion, o...
Voyager CEO Dumped $31M Stock as Shares Hit Record Highs: CNBC
Voyager stock exploded 3,600% in the five months leading up to Erlich’s stock sales The bankrupt company’s shares were delisted from the Toronto Stock Exchange on July 5 Stephen Ehrlich, CEO of bankru...
Lucid shares just slipped 15%: explore why
Shares of Lucid Group Inc (NASDAQ: LCID) are down nearly 15% in extended trading on Wednesday after the electric vehicles manufacturer reported weaker-than-expected quarterly revenue and lowered its o...
MicroStrategy Shares Surge as Michael Saylor Puts Full Focus on Bitcoin
Meanwhile, Le said investors shouldn’t expect any surprises in strategy. On the company’s earnings call late Tuesday, Le said he has been aligned with Saylor on the enterprise and bitcoin strategy thr...
Beyond Meat shares could eventually be ‘worthless’
Beyond Meat Inc (NASDAQ: BYND) could eventually go “bankrupt” as it lacks a plausible strategy to turn free cash flow positive, says New Constructs’ CEO David Trainer. Competition is hitting Beyond Me...
Robinhood Brings The Axe Down On 780 Employees As Shares Plunge 50%
Robinhood Markets announced Tuesday plans to render another 23% of its workforce jobless – just months after the app-based brokerage let go of 9% of its employees. On Tuesday, Robinhood said it was la...
Robinhood Shares Jump 13% On Optimism Over Cost-Saving Moves
Topline Shares of Robinhood rose 13.1% Wednesday to $10.44, a three-month high, a day after the online brokerage released dismal earnings and announced it was laying off nearly a quarter of its worker...
JetBlue shares tumble as costs push it to a loss despite profit forecast on higher fares
JetBlue Airways Airbus A320 passenger aircraft landing at John F. Kennedy International Airport in New York City. Nik Oiko | LightRocket | Getty Images JetBlue Airways shares tumbled more than 6% Tues...
PayPal shares up 15% as a string of good news cloaks Q2 loss
Shares of PayPal Holdings Inc (NASDAQ: PYPL) are up nearly 15% in extended trading on Tuesday even though the fintech company swung to a loss in its fiscal second quarter. Why are PayPal shares up aft...
Nio, Xpeng and Li Auto Saw Pre-Market Shares Growth after Impressive July Report
Despite the impressive numbers recorded by the trio, each faced challenges in July as the aftermaths of inflation, strain in the supply chain and the pangs of the coronavirus pandemic. The shares of t...
Pinterest shares up 20% despite missing earnings estimate: here’s why
Pinterest Inc (NYSE: PINS) jumped more than 20% in extended trading on Monday even though its quarterly earnings and future guidance came in shy of Street estimates. Why are Pinterest shares up after ...
Williams Shares Cross 5% Yield Mark
In trading on Monday, shares of WilliamsWMB were yielding above the 5% mark based on its quarterly dividend (annualized to $1.7), with the stock changing hands as low as $33.33 on the day. Dividends a...
Target shares have upside to $195: Wells Fargo
Target Corporation (NYSE: TGT) has bounced nearly 20% off its low in mid-June but a Wells Fargo analyst says the stock is still “oversold” and, therefore, worth buying. Target shares could jump anothe...
Boeing shares rejoice as FAA clears 787 Dreamliner for deliveries
Shares of Boeing Co (NYSE: BA) are up nearly 8.0% on Monday after the Federal Aviation Administration (FAA) cleared its 787 Dreamliner for deliveries. 787 clearance comes at the perfect time The stock...