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Nasdaq Drops Over 200 Points; Microsoft Shares Down After Q1 Results
Wednesday, October 26, 2022 - 2:58pm | 812U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite dropping more than 200 points on Wednesday. The Dow traded down 0.03% to 31,825.65 while the NASDAQ fell 1.91% to 10,985.06. The S&P 500 also fell, dropping, 0.71% to 3,831.77. Also check this: Bitcoin...
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Mattel's Many Growth Drivers In 2023 Make This Analyst Remain Bullish On The Stock
Wednesday, October 26, 2022 - 2:57pm | 428DA Davidson analyst Linda Bolton Weiser reiterated a Buy rating on the shares of Mattel Inc (NASDAQ: MAT) but lowered the price target from $45 to $31. Mattel slightly missed the consensus 3Q22 sales estimate but beat the Street's operating profit by 2%, said the analyst....
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Why Seagate Shares Are Trading Lower By More Than 7%? Here Are 49 Stocks Moving In Wednesday's Mid-Day Session
Wednesday, October 26, 2022 - 12:35pm | 1546Gainers ESSA Pharma Inc. (NASDAQ: EPIX) shares surged 59.3% to $2.7417 after the company highlighted updates results from the Phase 1/2 study of EPI-7386 with Enzalutamide At the 29th Annual Prostate Cancer Foundation Scientific Retreat. Cosmos Holdings Inc. (NASDAQ: COSM) shares jumped 31.7% to $...
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Dow Jumps Over 300 Points; Crude Oil Rises Sharply
Wednesday, October 26, 2022 - 11:58am | 810U.S. stocks traded mostly higher midway through trading, with the Dow Jones gaining more than 300 points on Wednesday. The Dow traded up 1.02% to 32,160.81 while the NASDAQ fell 0.18% to 11,179.07. The S&P 500 also rose, gaining, 0.52% to 3,879.26. Also check this: Bitcoin Jumps Above 20,000;...
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Nasdaq Dips 1.5%; Alphabet Misses Q3 Estimates
Wednesday, October 26, 2022 - 10:07am | 834U.S. stocks traded mostly lower this morning, with the Nasdaq Composite dropping around 1.5% on Wednesday. Following the market opening Wednesday, the Dow traded up 0.10% to 31,868.78 while the NASDAQ fell 1.52% to 11,028.45. The S&P 500 also fell, dropping, 0.63% to 3,834.92. Also check this:...
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Planet Fitness Is 'Attractively Valued' Vs. Gym Peers: Why This Analyst Is Bullish
Wednesday, October 26, 2022 - 9:49am | 299Planet Fitness Inc. (NYSE: PLNT) has healthy "comp drivers" and the current estimates for 2023 appear too conservative, according to Piper Sandler. The Planet Fitness Analyst: Peter Keith upgraded the rating for Planet Fitness from Neutral to Overweight, while reducing the price target...
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Mattel Shares Drop After FY22 Earnings Guidance Cut, Mixed Q3 Results
Wednesday, October 26, 2022 - 7:29am | 387Mattel Inc (NASDAQ: MAT) reported a third-quarter FY22 sales decline of 0.4% year-on-year to $1.76 billion, missing the consensus of $1.79 billion. North America segment sales declined 3% Y/Y, and International sales grew 5%. Worldwide Gross Billings for Dolls decreased 3% Y/Y,...
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Alphabet To 120? Here Are 5 Other Price Target Changes For Tuesday
Tuesday, October 25, 2022 - 7:51am | 314Keybanc lowered Alphabet Inc. (NASDAQ: GOOGL) price target from $125 to $120. Keybanc analyst Justin Patterson maintained the stock with an Overweight rating. Alphabet shares rose 0.3% to $102.80 in pre-market trading. JP Morgan cut the price target on Lululemon Athletica Inc. (NASDAQ: LULU)...
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Why Tricida Shares Dipped Around 95%; Here Are 73 Biggest Movers From Yesterday
Tuesday, October 25, 2022 - 5:55am | 2496Gainers Applied Genetic Technologies Corporation (NASDAQ: AGTC) climbed 62.4% to close at $0.39. Syncona disclosed that it will acquire Applied Genetic Technologies Corporation. Vaxcyte, Inc. (NASDAQ: PCVX) shares surged 60.4% to close at $33.00 on Monday after the company announced positive...
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Why Vaxcyte Shares Are Trading Sharply Higher? Here Are 63 Stocks Moving In Monday's Mid-Day Session
Monday, October 24, 2022 - 12:30pm | 2079Gainers Vaxcyte, Inc. (NASDAQ: PCVX) shares jumped 65% to $33.96 after the company announced positive topline results from the Phase 1/2 clinical proof-of-concept study evaluating the safety, tolerability and immunogenicity of VAX-24. Healthcare Triangle, Inc. (NASDAQ: HCTI) gained 54.8% to $0....
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Alibaba, Baidu, JD.com And Some Other Big Stocks Moving Lower On Monday
Monday, October 24, 2022 - 11:25am | 936U.S. stocks traded mostly higher, with the Dow Jones gaining more than 200 points on Monday. Here are some big stocks recording losses in today’s session. Pinduoduo Inc. (NASDAQ: PDD) shares dipped 30.2% to $ 41.17. U.S.-listed Chinese stocks dipped on Monday amid fears over President Xi...
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Tesla Slashes China EV Prices, TSMC Joins Embargo After NVIDIA and AMD, Schlumberger Rebrands As SLB: Top Stories Monday, Oct. 24
Monday, October 24, 2022 - 8:28am | 1761Benzinga Tesla Slashes China EV Prices By 5% To Push Up Volume, Base Model Y Now Eligible For Subsidies — But There's A Flip Side Tesla Inc (NASDAQ: TSLA) is cutting prices for its Giga Shanghai-made cars by about 5%, reversing the price hikes announced earlier this year. Made-in-...
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Mattel Agrees To Pay $3.5M To Settle SEC Charges Over Financial Misstatements
Monday, October 24, 2022 - 6:45am | 416The Securities and Exchange Commission said Mattel Inc (NASDAQ: MAT) has agreed to pay $3.5 million to settle charges relating to misstatements in its third and fourth-quarter 2017 financial statements. According to the SEC’s order, the toymaker understated the tax-...
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Raymond James Downgrades US Homebuilders On Mortgage Rate Hike
Friday, October 21, 2022 - 2:36pm | 503Raymond James analyst Buck Horne lowered the rating on the shares of KB Home (NYSE: KBH), Lennar Corp (NYSE: LEN), M.D.C. Holdings Inc (NYSE: MDC), PulteGroup Inc (NYSE: PHM), and Toll Brothers Inc (NYSE: TOL) to Market Perform. He ...
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Why Super Micro Computer Shares Jumped Over 10%; Here Are 73 Biggest Movers From Yesterday
Friday, October 21, 2022 - 4:36am | 2458Gainers NextPlay Technologies, Inc. (NASDAQ: NXTP) shares climbed 107.3% to close at $0.4138 on Thursday after the company announced its NextFintech division received commitment for a $15 million strategic investment. Ascent Solar Technologies, Inc. (NASDAQ: ASTI) surged 57.5% to close at $5.12....