Snap (SNAP)reported fourth-quarter results late Thursday that beat analyst estimates, as did its outlook. Snap stock soared in reaction, after plunging in regular-hours trading.. X The company reporte...
Tag: Stock
Biogen’s stock falls 3.7% after announcing earnings, says it brought in $1 million in sales of Alzheimer’s drug in the fourth quarter
An earlier version of this report had the wrong consensus and revenue numbers. It has been corrected. Shares of Biogen Inc. BIIB, -1.92% were down 3.7% in premarket trading on Thursday after the compa...
Should You Buy PayPal Stock After Its Big Drop? Don’t Rush In.
PayPal refrained from reiterating growth targets, trimmed its forecasts, and said it was shifting strategy away from growing its user base in its latest earnings. Dreamstime Text size PayPal Holdings ...
Ford Stock Falls With Earnings Due, Sales Rebound Ahead Of ‘Launch Of The Decade’
Ford Motor (F) gears to report for the final quarter of 2021 after sales rebounded in January amid the chip shortage. But Ford stock fell. X On Wednesday, Ford said that sales of electric and hybrid v...
Cramer cheers Alphabet stock split, expects retail investors to buy in
CNBC’s Jim Cramer said Wednesday he expects retail investors will flock to shares of Alphabet in greater numbers after the Google parent completes its planned 20-for-1 stock split. “If the...
Virgin Galactic Holdings Inc. attempts a rebound from a 2-year low. Has the stock bottomed out?
Shares of Virgin Galactic Holdings Inc. (NYSE:SPCE) rose about 13.02% on Tuesday, recovering some losses from the recent slump that saw the stock touch a low of $7.67. The last time the stock traded a...
Snap Stock Plunges On Facebook Report| Investor’s Business Daily
Snap (SNAP) and Pinterest (PINS) both tanked in after-hours trading Wednesday, following a fourth-quarter earnings report from Facebook parent Meta Platforms (FB) that missed estimates across the boar...
PayPal Stock Crash Wipes Out Over $50 Billion In Market Value After Company Lowers Profit Outlook
Topline Shares of payments giant PayPal had their worst day on record—plunging roughly 25%—after the company issued disappointing revenue and profit forecasts for 2022, citing factors like higher infl...
21Shares Launches Three New Crypto ETPs on BX Swiss Stock Exchange
21Shares AG, a Swiss-based fintech firm, announced the listing of three new cryptocurrency ETPs (Exchange Traded Notes) on the BX Swiss stock exchange to allow investors to invest in Aave, Chainlink a...
Alphabet’s Historic Stock Split Means More Investors Can Buy Shares—But Here’s What Analysts Say
Topline Wall Street experts are bullish about Google-parent Alphabet ahead of the company’s 20:1 stock split, arguing that the move will make shares more affordable to investors and presents a buying ...
Advanced Micro Devices Beat On Earnings After Holding Key Value Levels. Here’s How To Trade The Stock Now.
(Photo by Zhu Difeng) VCG via Getty Images Advanced Micro Devices (AMD) beat earnings expectations after the close on Tuesday, February 2. At the end of January the stock held its annual and semiannua...
Why PayPal stock is plunging
The market is rerating the one-time growth juggernaut that is payment giant PayPal (PYPL). PayPal shares plunged about 25% to $133 in afternoon trading as the company reported a mixed end to the four...
Exelon Stock Price Has ‘Plunged.’ Its Value Hasn’t Changed.
Text size A hazardous radiation warning sign is displayed at the reactor building of the Exelon Peach Bottom Atomic Power Station in Delta Pennsylvania. Melissa Lyttle/Bloomberg The price of Exelon st...
Dynatrace Reports Strong Earnings. Why the Stock Is Falling Sharply.
Text size Dreamstime Shares of Dynatrace fell sharply after the software intelligence company posted earnings that beat expectations, but issued guidance that disappointed investors. Dynatrace (ticker...
PayPal Is Plunging. Wall Street Is Reassessing the Stock.
Text size PayPal stock pointed 19% lower in premarket trading Wednesday. Getty Images PayPal ‘s fourth-quarter earnings, and particularly its disappointing outlook, are spooking investors. Wall Street...
Where to buy AMD stock: it is rising after issuing a strong 2022 sales outlook
The AMD stock has bounced back and it is now on a strong bullish trend supported by the recent issuance of a strong 2022 sales outlook for Advanced Micro Devices (AMD), Inc. The stock had drastically ...
AbbVie Stock: Fourth Quarter Comes In Mixed, But Earnings Guidance Beats
AbbVie stock ticked down early Wednesday after the pharmaceutical company reported adjusted earnings of $3.31 per share on $14.89 billion in fourth-quarter sales. X On average, analysts polled by Fact...
AbbVie’s stock gains on fourth-quarter earnings as it reports better-than-expected sales of Humira
An earlier version of this report referred to Humana in the headline, not Humira. It has been corrected. Shares of AbbVie Inc. ABBV, +0.08% gained 1.4% in premarket trading on Wednesday after the comp...
DT Stock Tumbles On Earnings Report, Guidance Under New CEO
Dynatrace stock plunged after its fiscal third-quarter earnings and sales topped estimates while its revenue outlook fell slightly short of expectations. DT stock reported earnings for the first time ...
Marathon Petroleum stock surges after profit more than doubles expectations, $5 billion added to stock buyback program
Shares of Marathon Petroleum Corp MPC, +3.16% shot up 3.9% toward a more-than three-year high after the oil refiner reported fourth-quarter profit that was more than double what was expected and also ...
Paypal Stock Price Dives after a Slow Down in Q4 2021 Growth
Paypal reported its Q4 2021 financials on Tuesday that resulted in around a 17 percent dive in its share price in the after-market hours trading. It was mostly due to a slowdown in growth rate and a p...
Here’s Why PayPal Stock Fell Down So Much Today
Text size PayPal stock is on pace for its worst percentage decline on record. Getty Images PayPal stock was in free-fall as investors—and Wall Street—reassessed the payments company after it issued a ...