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Why LL Flooring Shares Are Trading Higher By 19%; Here Are 20 Stocks Moving Premarket
Wednesday, May 31, 2023 - 8:39am | 814Gainers VIQ Solutions Inc. (NASDAQ: VQS) shares rose 66.8% to $0.3887 in pre-market trading. Appreciate Holdings, Inc. (NASDAQ: SFR) shares surged 59% to $0.4307 in pre-market trading after dropping 14% on Tuesday. VistaGen Therapeutics, Inc. (NASDAQ: VTGN) shares rose 50% to $0.2009 in pre-...
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Ford To Rally Around 33%? Here Are 10 Other Analyst Forecasts For Tuesday
Tuesday, May 30, 2023 - 8:28am | 547Keybanc boosted the price target for Broadcom Inc. (NASDAQ: AVGO) from $720 to $820. Keybanc analyst John Vinh maintained the stock with an Overweight rating. Broadcom shares rose 11.5% to close at $812.73 on Friday. Telsey Advisory Group cut the price target for Big Lots, Inc. (NYSE: BIG)...
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Lululemon's Balancing Act: Unraveling The Yoga Apparel Retailer's Potential Gross Margin Expansion
Friday, May 26, 2023 - 1:49pm | 386Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on the shares of Lululemon Athletica Inc. (NASDAQ: LULU), maintaining the price target of $425. The company is scheduled to report 1Q23 results after the market close on Thursday, June 1. The analyst...
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S&P 500 Down Over 1% Ahead Of Fed Minutes; Market Volatility Increases
Wednesday, May 24, 2023 - 5:35am | 341The S&P 500 dropped over 1% on Tuesday amid concerns over progress in U.S. debt ceiling talks. The representatives of President Joe Biden and Republican lawmakers concluded another round of negotiations on Tuesday with no signs of progress. The Federal Reserve is scheduled to release minutes...
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FOMO Is Going Around
Tuesday, May 23, 2023 - 10:55am | 2175We are 9 days away from the debt ceiling deadline. As of right now there’s no deal. Here are the effects of a breach according to Moody’s: 1 week: 1.5 million jobs lost, raising the unemployment rate from 3.4% to 5%. 2 months: 8 million jobs lost, raising the unemployment rate from 3.4...
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Activist Investor Recommends Yelp Explore Sale, Micron Projects China Ban To Curb Revenues, Spruce Point Capital Raises Concerns About Perion Network's Financial Practices: Today's Top News
Tuesday, May 23, 2023 - 9:49am | 1493Wall Street Journal Yelp Stock Soars: Activist Investor Recommends Exploring Sale At Double Value Activist investor TCS Capital Management has built a stake in Yelp Inc (NYSE: YELP) and urged the service-recommendation site to explore strategic alternatives, including a sale....
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Dow Drops Over 100 Points; Lowe's Earnings Top Views
Tuesday, May 23, 2023 - 9:49am | 1000U.S. stocks traded lower this morning, with the Dow Jones dropping over 100 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.40% to 33,154.99 while the NASDAQ fell 0.32% to 12,679.57. The S&P 500, also fell, dropping, 0.37% to 4,176.92. Check This Out: NVIDIA,...
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Lowe's Companies Cuts FY23 Guidance On Low Consumer Demand And Lumbar Deflation; Beats On Q1
Tuesday, May 23, 2023 - 7:15am | 291Lowe's Companies Inc (NYSE: LOW) reported a first-quarter FY23 sales decline of 5.5% year-on-year to $22.35 billion, beating the analyst consensus estimate of $21.60 billion. Comparable sales decreased 4.3%, driven by lumber deflation, unfavorable weather, and lower DIY...
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Investor Optimism Improves On Hopes Of Debt Ceiling Resolution
Tuesday, May 23, 2023 - 2:41am | 291The CNN Money Fear and Greed index showed further improvement in overall sentiment among U.S. investors on Monday. U.S. stocks closed mixed on Monday after the S&P 500, last week, recorded its best weekly performance since March. Investors are awaiting data on first-quarter GDP and the personal...
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Houston American Energy And 3 Other Stocks Under $3 Insiders Are Aggressively Buying
Friday, May 19, 2023 - 7:28am | 627The Dow Jones closed higher by over 100 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision...
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Renovation Blues: Lowe's Faces Off Against Shifting Consumer Trends And Home Improvement Headwinds
Wednesday, May 17, 2023 - 3:24pm | 383Telsey Advisory Group analyst Joseph Feldman reiterated an Outperform rating on Lowe's Companies, Inc. (NYSE: LOW), lowering the price target to $225 from $235. The analyst remains cautious as the company will likely bear the brunt of general weakness in consumer...
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Arcos Dorados Q1 Earnings Beat Estimates, Sees Prospects In Latin America And Caribbean
Wednesday, May 17, 2023 - 12:30pm | 368Arcos Dorados Holdings Inc.(NYSE: ARCO) reported first-quarter FY23 sales growth of 25.3% year-on-year to $990.79 million, beating the consensus of $953.39 million. EPS of $0.18 beat the analyst consensus of $0.13. The company mainly operates as a franchisee of McDonald's...
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Fast-Food Stocks Set To Sizzle This Summer
Wednesday, May 17, 2023 - 10:44am | 848A look at Marketbeat's list of Most Upgraded Stocks will tell you many things. One of those is that fast food stocks are hot. Most of the top fast food stocks are listed for having the most upgrades because they are growing in 2023, outperforming their consensus estimates, and providing sound...
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Wynn Resorts To Rally Around 31%? Here Are 10 Other Analyst Forecasts For Wednesday
Wednesday, May 17, 2023 - 7:59am | 541Needham raised the price target for Stratasys Ltd. (NASDAQ: SSYS) from $15 to $19. Needham analyst James Ricchiuti maintained a Buy rating. Stratasys shares gained 9.7% to close at $15.80 on Tuesday. Raymond James cut the price target for Newell Brands Inc. (NASDAQ: NWL) from $17 to $15....
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Investor Confidence In Home Depot: A Review Amid Uncertain Economic Environment
Tuesday, May 16, 2023 - 2:18pm | 358Telsey Advisory Group analyst Joseph Feldman reiterated an Outperform rating on the shares of Home Depot Inc (NYSE: HD) with a price target of $340. Home Depot's 1Q23 EPS of $3.82 missed the analyst’s EPS estimate of $3.85 but was slightly better than the FactSet...