One of the most common questions traders have about stocks is “Why Is It Moving?”
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.
Here’s why shares of GameStop, Virgin Galactic and Alibaba are moving.
GameStop Stock News
GameStop Corp. GME shares are trading higher following the recent addition of new board members, including from Chewy Inc CHWY. Baird analyst Wednesday said the new board configuration could suggest the company is accelerating its digital transformation plan.
Virgin Galactic Stock News
Shares of Virgin Galactic Holdings Inc. SPCE are trading higher on reports Cathie Wood's Ark Invest is planning to launch a space ETF.
Alibaba Stock News
Alibaba Group Holding Ltd - ADR BABA launched an electric sedan with state-owned SAIC Motor, China’s largest car company.
See Also: How To Buy Alibaba Stock
The vehicle, capable of wireless charging, was launched under a new brand — IM. The acronym stands for “intelligence in motion."
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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