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Friday's Market Minute: Retail Earnings Highlight Next Week
Friday, November 12, 2021 - 10:16am | 407Tuesday starts the big box retail earnings kickoff with Walmart (NYSE: WMT) and Home Depot (NYSE: HD) before the market open. According to Zacks, Walmart has had strong earnings surprises for three of the last four quarters, with an average upside of 14.32%. It makes one wonder if they have...
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10 Biggest Price Target Changes For Friday
Friday, November 12, 2021 - 7:32am | 401Telsey Advisory Group boosted The Home Depot, Inc. (NYSE: HD) price target from $370 to $390. Home Depot shares rose 0.2% to $368.35 in pre-market trading. Needham cut Wix.com Ltd. (NASDAQ: WIX) price target from $265 to $250. Wix.com shares fell 4.6% to close at $189.14 on Thursday. Goldman...
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Lumber Liquidators Q3 Earnings Miss Consensus; Comp Sales Up 6.4% On Two-Year Stack Basis
Wednesday, November 3, 2021 - 10:02am | 248Lumber Liquidators Holdings Inc (NYSE: LL) reported a third-quarter FY21 sales decline of 4.6% year-on-year, to $282.23 million, missing the analyst consensus of $289 million. Comparable store sales decreased 4.5% versus last year and increased 6.4% on a two-year stack basis....
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10 Biggest Price Target Changes For Tuesday
Tuesday, August 31, 2021 - 6:59am | 389Morgan Stanley raised Lowe's Companies, Inc. (NYSE: LOW) price target from $230 to $240. Lowe's shares rose 0.5% to $206.00 in pre-market trading. Stifel cut the price target for Zoom Video Communications, Inc. . (NASDAQ: ZM) from $450 to $350. Zoom Video fell 12.7% to $303.50 in pre-...
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In A Rut: Worst Week In A Month Continues As Volatility Heats Up After Fed Minutes
Thursday, August 19, 2021 - 9:11am | 2308In boxing, they say it’s the punch you don’t see coming that hurts the most. It’s the opposite today on Wall Street, where stocks are falling sharply despite a blow from the Fed that almost everyone probably knew was in the works. It probably didn’t surprise many investors...
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46 Biggest Movers From Yesterday
Thursday, August 19, 2021 - 4:11am | 1741Gainers PharmaCyte Biotech, Inc. (NASDAQ: PMCB) shares climbed 189.5% to close at $9.90 on Wednesday after surging over 15% on Tuesday. SGOCO Group, Ltd. (NASDAQ: SGOC) surged 67.4% to settle at $7.20. Virpax Pharmaceuticals, Inc. (NASDAQ: VRPX) shares gained 49.2% to close at $22.90. Virpax...
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Mid-Afternoon Market Update: Crude Oil Down 1.5%; Tuya Shares Plummet
Wednesday, August 18, 2021 - 1:30pm | 799Toward the end of trading Wednesday, the Dow traded down 0.27% to 35,249.25 while the NASDAQ rose 0.06% to 14,664.67. The S&P also fell, dropping 0.21% to 4,438.73. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 37,017,890 cases with around...
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Lowe's Companies Shares Rally After Q2 Beat, Raised FY21 Sales Outlook
Wednesday, August 18, 2021 - 12:05pm | 250Lowe's Companies Inc (NYSE: LOW) reported second-quarter FY21 sales growth of 1% year-on-year, to $27.57 billion, beating the analyst consensus of $26.79 billion. Comparable sales decreased 1.6%. Comparable sales for the U.S. home improvement business fell 2.2%. EPS of $4.25...
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34 Stocks Moving In Wednesday's Mid-Day Session
Wednesday, August 18, 2021 - 11:00am | 1310Gainers PharmaCyte Biotech, Inc. (NASDAQ: PMCB) shares jumped 139% to $8.18 after surging over 15% on Tuesday. Virpax Pharmaceuticals, Inc. (NASDAQ: VRPX) shares surged 58% to $24.25. Virpax Pharmaceuticals shares jumped 265% on Tuesday after the company announced that it received a written pre-...
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Mid-Morning Market Update: Markets Mixed; Target Reports Upbeat Profit
Wednesday, August 18, 2021 - 9:45am | 784Following the market opening Wednesday, the Dow traded down 0.12% to 35,300.85 while the NASDAQ rose 0.03% to 14,660.26. The S&P also fell, dropping 0.04% to 4,446.09. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 37,017,890 cases with around...
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Fed Minutes Ahead Could Offer Insight Following Wall Street's Worst Day In A Month
Wednesday, August 18, 2021 - 9:10am | 2342“Buy the dip” is facing its toughest test in a month. If you think back to mid-July, the major indices tanked as concerns about the Delta variant and Fed tapering ramped up. The same factors helped set off the market’s worst drop in four weeks Tuesday and could keep...
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A Peek Into The Markets: US Stock Futures Mostly Lower Ahead Of Fed Minutes
Wednesday, August 18, 2021 - 5:10am | 826Pre-open movers U.S. stock futures traded mostly lower in early pre-market trade ahead of the release of minutes from the Fed meeting. Investors are awaiting earnings results from Lowe`s Companies Inc (NYSE: LOW), Target Corporation (NYSE: TGT), Cisco Systems Inc (NASDAQ: CSCO), NVIDIA...
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7 Stocks To Watch For August 18, 2021
Wednesday, August 18, 2021 - 2:24am | 428Some of the stocks that may grab investor focus today are: Wall Street expects Lowe`s Companies Inc (NYSE: LOW) to report quarterly earnings at $4.00 per share on revenue of $26.79 billion before the opening bell. Lowe`s shares fell 0.3% to $181.80 in after-hours trading. Analysts are expecting...
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Earnings Magic: Disney Provides Reopening Optimism With "Bullish" Theme Park Results
Friday, August 13, 2021 - 9:14am | 2417When it comes to reopening, there aren’t many better barometers than Disney (NYSE: DIS). From theme parks to movie theaters to resorts, the company has a finger in lots of pies. That may be why last night’s strong quarterly performance from DIS appears to be giving Wall Street...
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Lumber Liquidators Stock Gains As Q2 Earnings Smashes Estimates
Wednesday, August 4, 2021 - 12:35pm | 284Lumber Liquidators Holdings Inc (NYSE: LL) reported second-quarter FY21 net sales growth of 30.9% year-on-year to $301.4 million, beating the analyst consensus of $299.57 million. Total comparable store sales rose 31.3% versus last year and increased 10.0% on a two-year stack...