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Why Macy's Are Trading Lower By Around 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Tuesday, August 22, 2023 - 1:49pm | 1455Gainers Fulcrum Therapeutics, Inc. (NASDAQ: FULC) shares jumped 42.8% to $5.60 after the FDA lifted clinical hold on the company’s FTX-6058 for sickle cell disease. VinFast Auto Ltd. (NASDAQ: VFS) gained 42% to $24.96. Axcella Health Inc. (NASDAQ: AXLA) shares climbed 37.3% to $0.2101 after...
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Blink Charging Inks Deal To Provide EV Charging To McDonald's Locations In Puerto Rico
Tuesday, August 22, 2023 - 12:08pm | 282Blink Charging Co (NASDAQ: BLNK) has entered into an agreement with Arcos Dorados Holdings Inc. (NYSE: ARCO) to provide EV charging solutions to five restaurants in Puerto Rico. Arcos Dorados is an independent McDonald's Corporation (NYSE: MCD) franchisee and a quick-...
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US Stocks Mixed; Lowe's Posts Upbeat Earnings
Tuesday, August 22, 2023 - 10:00am | 843U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining over 50 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.07% to 34,439.33 while the NASDAQ rose 0.43% to 13,555.37. The S&P 500, also rose, gaining, 0.20% to 4,408.63. Check This Out: Top 5...
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Macy's Posts Q2 Earnings Above Street View; Stock Slides On Warning About Persisting Macro Uncertainty
Tuesday, August 22, 2023 - 9:14am | 361Macy's Inc (NYSE: M) reported a second-quarter FY23 sales decline of 8.4% year-on-year to $5.13 billion, beating the analyst consensus of $5.09 billion. Brick-and-mortar sales decreased 8%, and Digital sales dropped 10% Y/Y. Comparable sales decreased 8.2% on an owned basis and...
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Lowe's Clocks Mixed Q2 Performance, Stock Rises On Reaffirmed Annual Outlook
Tuesday, August 22, 2023 - 6:47am | 288Lowe's Companies Inc (NYSE: LOW) reported a second-quarter FY23 sales decline of 9.17% year-on-year to $24.96 billion, marginally missing the analyst consensus of $24.99 billion. Comparable sales decreased 1.6%. The company saw strong spring recovery and Pro and online sales...
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Poised For Rebound As Investors Await Fed Leader's Jackson Hole Address
Monday, August 21, 2023 - 5:04pm | 2058(Monday market open) Given how the markets hang on every word spoken publicly by Federal Reserve Chair Jerome Powell, it only seems like he’s always speaking from a mountain top. This week, he will come close to making that metaphor literal. Powell’s speech on Friday morning at the...
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Wendy's Is Well Positioned To Sustain Market Share Amid Stiff Competition, Analyst Says
Friday, August 18, 2023 - 12:54pm | 426Truist Securities analyst Jake Bartlett reiterated a Buy rating on the shares of The Wendy's Co (NASDAQ: WEN) with a price target of $26. WEN management acknowledges stiff competition from a dominant McDonald's Corporation (NYSE: MCD) and Restaurant...
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KB Home Constructs Bullish Price Action As Wider Industry Thrives
Thursday, August 17, 2023 - 11:24am | 884Homebuilders have been a leading industry throughout 2023, defying fears that high interest rates would keep buyers away. KB Home (NYSE: KBH), a mid-cap in the industry, has been forming a bullish area of price consolidation that might be hard to spot on a chart. KB Home is a component of the...
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Can Home Depot Survive The Current Hosing Market Headwinds? Analyst Discusses Future
Tuesday, August 15, 2023 - 2:25pm | 376Telsey Advisory Group analyst Joseph Feldman reiterated a Market Perform rating on the shares of Home Depot Inc (NYSE: HD) with a $315 price target. Home Depot's 2Q23 EPS declined 8% Y/Y to $4.65, beating the analyst consensus estimate. Also, sales exceed at $42.9...
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Why PhenomeX Are Trading Lower By Around 20%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Tuesday, August 15, 2023 - 2:01pm | 1755Gainers Novo Integrated Sciences, Inc. (NASDAQ: NVOS) jumped 85.4% to $0.1267 after the company and Farm 7 Group announced a joint venture for Kenya Agricultural Cooperative Project. Delcath Systems, Inc. (NASDAQ: DCTH) shares jumped 85.3% to $5.78 after the company announced FDA approval of...
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Why Delcath Systems Shares Are Trading Higher By Around 58%; Here Are 20 Stocks Moving Premarket
Tuesday, August 15, 2023 - 8:17am | 795Gainers Delcath Systems, Inc. (NASDAQ: DCTH) shares surged 57.7% to $4.93 in pre-market trading after the company reported the FDA approval of HEPZATO KIT™ for the treatment of adult patients with unresectable hepatic-dominant metastatic uveal melanoma. Sonim Technologies, Inc. (NASDAQ: SONM...
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3 Growing Margin Apparel Stocks To Consider
Monday, August 14, 2023 - 3:09pm | 869Inflation trends in the United States have been improving in the past few months, all thanks to the efforts and initiatives taken by the FED. Rising interest rates may concern some investors, especially when the effects of hikes take a toll on some chosen sectors, namely cyclical consumer spaces....
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Domino's Pizza, U.S. Bancorp And 2 Other Stocks Insiders Are Selling
Friday, August 11, 2023 - 8:16am | 689The Nasdaq 100 closed slightly higher on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider sales...
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LL Flooring Posts Q2 Earnings Below Street View Due To Macroeconomic Impact
Wednesday, August 9, 2023 - 11:57am | 360LL Flooring Holdings, Inc (NYSE: LL) reported a second-quarter FY23 sales decline of 20.9% year-on-year to $236.42 million, missing the analyst consensus of $257.90 million. Comparable store sales decreased 22.2% versus last year. Adjusted EPS loss of $(1.28) missed the...
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Why Energizer Holdings Shares Are Trading Lower By 13%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Tuesday, August 8, 2023 - 1:13pm | 2389Gainers Nuburu, Inc. (NYSE: BURU) shares jumped 185.6% to $1.6593 after the company announced contract with NASA to demonstrate feasibility of power beaming in space using the company’s blue laser technology. Vivos Therapeutics, Inc. (NASDAQ: VVOS) gained 91.1% to $0.4987 after falling...