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Here's How Much Investing $1,000 In Bank Of America Stock 5 Years Ago Would Be Worth Today
2021 Jan 18, 12:55pm | 435Investors who owned stocks since 2016 generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past five years is 120.4%. But there’s no question some big-name stocks performed better than others along the way. Bank of America’s Big Run: One...
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The Week Ahead In Biotech: FDA To Issue Decisions On Merck And Aurinia Drug Applications
2021 Jan 16, 1:20pm | 498Biotech stocks advanced in the week ended Jan. 15, defying the softness experienced by the broader market. Pre-announcements continued to pour in, with most companies suggesting better-than-forecast revenues. The week also witnessed a slew of follow-on offerings and licensing deals. Stocks also...
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Biden Team Starts @PresElectBiden, Express Anguish With Twitter For Resetting Follower Count
2021 Jan 15, 8:38am | 660Twitter Inc (NYSE: TWTR), in a blog post Thursday, said that it would be transferring the institutional White House Twitter accounts including @WhiteHouse, @POTUS, @VP, @FLOTUS, and @PressSec, once President-elect Joe Biden and Vice President-elect Kamala Harris will both be sworn...
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The Daily Biotech Pulse: DBV's Positive FDA Feedback, Pfizer's Cancer Drug Gets Label Expansion, Applied DNA COVID Testing Volume Surges
2021 Jan 15, 7:32am | 2795Here's a roundup of top developments in the biotech space over the last 24 hours. Scaling The Peaks (Biotech Stocks Hitting 52-week Highs Jan. 14) 10X Genomics Inc (NASDAQ: TXG) 4D Molecular Therapeutics Inc (NASDAQ: FDMT) Adaptive Biotechnologies Corp (NASDAQ: ADPT) Aligos Therapeutics Inc (...
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Ammo Inc. Up 100% Since December Call: Could More Growth Be Coming?
2021 Jan 14, 1:55pm | 468Gun stocks and ammunition stocks have been hot heading into 2021 as a new administration is set to take office. What Happened: Recently uplisted Ammo Inc. (NASDAQ: POWW) is seeing the benefits of demand for ammunition. The stock was highlighted on a December Benzinga show as a play on the...
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5 Key Questions About The Federal Reserve's Approach In 2021
2021 Jan 14, 1:36pm | 491The SPDR S&P 500 ETF Trust (NYSE: SPY) is up more than 70% from its March lows, despite the U.S. economy still limping along due to the pandemic. A large part of that market recovery is thanks to the Federal Reserve’s aggressive stimulus spending, so investors are right to be concerned...
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Bad Timing? Jim Cramer, Dave Portnoy React To Negative Calls On Penn National
2021 Jan 14, 10:50am | 546Penn National Gaming (NASDAQ: PENN) was one of the best-performing stocks in 2020 with shares up over 200%. What Happened: KeyBanc analyst Brett Andress initiated a Sector Weight rating on Penn National on Thursday due to a "lofty assumption" versus peers. Penn...
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How To Play ARK Space Exploration ETF Before It Goes Live
2021 Jan 14, 8:46am | 519The big news out of the world of exchange traded funds is that Cathie Wood's ARK Investment Management is planning to launch a new fund: the ARK Space Exploration ETF. What Happened: Perhaps predictably, the news sent Virgin Galactic Holdings (NYSE: SPCE), one of the most direct plays on space...
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NantKwest Reports Positive Interim Data In Pancreatic Cancer Trials, Stock Soars
2021 Jan 14, 6:44am | 539Clinical-stage immunotherapy company Nantkwest Inc (NASDAQ: NK) reports positive interim data on survival rates in the Metastatic Pancreatic Cancer QUILT 88 trial on Wednesday. What Happened: Nantkwest said that early interim results of its PD-L1 t-haNK protocols showing...
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Amazon Faces Investigations In Connecticut Over Anti-Competitive Practices In E-books Business
2021 Jan 14, 5:41am | 544The anti-competition investigations against Jeff Bezos’ Amazon Inc (NASDAQ: AMZN) have now spilled over into its e-books business in Connecticut, according to the Wall Street Journal. Reportedly, a similar investigation is also underway in California. What Happened: The...
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Donald Trump Is The First US President To Be Impeached Twice
2021 Jan 13, 4:50pm | 332With one week left as commander in chief, Donald Trump became the first president in 232 years of history to be impeached twice on Wednesday. The impeachment resolution charges Trump with "incitement of insurrection" for his role in the Capitol riot that occurred Jan. 6 — a riot in...
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How Global Automakers Could Meet $2.5 Trillion In Funding Needs For 100% EV Transition
2021 Jan 13, 4:44pm | 444Electric vehicle adoption is set to accelerate in the years to come amid the quest to cut down on pollution. An analyst at BofA Securities detailed how the EV revolution that is taking shape could impact the industry dynamics and the funding needs. Massive Funding Required: For EV adoption to...
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Massive Short Squeeze Sends GameStop Soaring 80%
2021 Jan 13, 12:50pm | 468GameStop Corp. (NYSE: GME) shares skyrocketed more than 80% on Wednesday before pulling back in what is likely the largest short squeeze of 2021 so far. What Happened? GameStop reported no major news on Wednesday, suggesting the massive rally in the stock was simply a textbook short squeeze....
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Why Plug Power's Lead In Fuel Cell, Hydrogen Space Could Create 'Outsized Winner'
2021 Jan 13, 11:05am | 408Plug Power Inc (NASDAQ: PLUG) shares are primed for further gains, according to H.C. Wainwright, which issued a new Street-high price target for the fuel cell manufacturer. The Plug Power Analyst: Analyst Amit Dayal maintained a Buy rating on Plug Power and increased the price target from $60...
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Social Media ETF Proving Impervious To Riots, Twitter Calamity
2021 Jan 13, 8:15am | 546Keeping personal politics out of the equation and focusing on pure price action, it's clear Twitter (NYSE: TWTR) has a political problem. What Happened: Regardless of one's political proclivities, it can't be refuted that Twitter is lower by 12.69% over the past week with losses...