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Bulls And Bears Of The Week: Gilead, Shopify, Tesla And More
2020 Jun 06, 2:26pm | 831Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. This week's bullish calls included semiconductor and casino stocks. Cruise and electric vehicle stocks were among the bearish calls. The Dow Jones industrials ended last week more than 6% higher while...
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Thinking About Buying Stock In American Airlines, Luckin Coffee, XpresSpa Or Genius Brands?
2020 Jun 05, 2:42pm | 459Read More...Share prices for American Airlines, Luckin Coffee, XpresSpa and Genius Brands have all spiked up to unusual price points. Here’s what you need to know before investing. American Airlines: Why Did The Price Move? American Airlines Group Inc (NYSE: AAL) stock took off Thursday, gaining more...
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S&P 500: The Path To 3,430
2020 Jun 05, 2:01pm | 674Read More...A blowout May jobs report has the S&P 500 once again knocking on the door of 3,200 on Friday. In mid-April, DataTrek Research co-founder Nicholas Colas laid out a path to get back to S&P 3,200. On Thursday, Colas updated his outlook and explained why the new target for investors to watch is...
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Detroit's Ally Financial Benefits From V-Shaped Auto Recovery, Says Morgan Stanley
2020 Jun 05, 12:51pm | 421Read More...Shares of Ally Financial Inc (NYSE: ALLY) have more than doubled in value since bottoming at $10.22 in March, but the stock "still has more room to run," according to Morgan Stanley. The Ally Financial Analyst Betsy Graseck maintains an Overweight rating on Ally Financial's stock with...
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6 Slack Analysts On Q1 Results, Billing Numbers, Microsoft Competition: 'An Unexpected Dichotomy'
2020 Jun 05, 12:36pm | 1026Read More...If there were any beneficiaries of the coronavirus pandemic, Slack Technologies Inc (NYSE: WORK) seemed to be one. The company’s first-quarter results Thursday demonstrated 50% top-line growth, reflecting rapid adoption by companies shifting to remote operations. Slack exceeded Street...
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PreMarket Prep Stock Of The Day: Genius Brands
2020 Jun 05, 12:24pm | 605Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given day, the...
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75 Stocks Moving In Friday's Mid-Day Session
2020 Jun 05, 12:18pm | 2376Read More...Gainers Hermitage Offshore Services Ltd. (NYSE: PSV) shares jumped 116.1% to $1.17 following Q1 results. Hermitage Offshore posted a quarterly loss of $0.25 per share, versus a year-ago loss of $0.98 per share. Hertz Global Holdings, Inc. (NYSE: HTZ) jumped 94.8% to $2.92 amid volatility after...
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Novavax Analyst Says DoD Funding Reflects Conviction In Platform, Ability To Deliver On Vaccine
2020 Jun 05, 12:09pm | 590Read More...Novavax, Inc. (NASDAQ: NVAX) is landing financing deals that could help to successfully develop a vaccine for SARS-CoV, the virus that causes COVID-19. Novavax's Defense Department Funding The Gaithersburg, Maryland-based biotech said late Thursday that it has been granted funding of up...
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'Long Lines And Packed Flights': Casino Stocks Rise Following Vegas Reopening
2020 Jun 05, 11:11am | 616Read More...Casino stock investors received some good news this week as early reports out of Las Vegas suggest the reopening of major casino resorts was met with strong initial demand. However, one analyst said on Friday that Vegas still has a long road to full recovery from its shutdown. What Happened? A...
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What's Behind The Luckin Coffee Rally?
2020 Jun 05, 11:01am | 518Read More...Scandal-stained Luckin Coffee Inc – ADR (NASDAQ: LK), which saw its shares slump to a low of $1.33 May 22 on delisting risk, has seen strong momentum this week. Accounting Scandal Craters Stock Touted as a threat to Starbucks Corporation (NASDAQ: SBUX) in China, the coffee retailer was...
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Stocks That Hit 52-Week Lows On Friday
2020 Jun 05, 10:40am | 218Read More...Friday's morning session saw 2 companies set new 52-week lows. Things to Consider: The largest company by market cap to set a new 52-week low was Edwards Lifesciences (NYSE: EW) The smallest company by market cap to set a new 52-week low was Proficient Alpha (NASDAQ: PAAC...
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Stocks That Hit 52-Week Highs On Friday
2020 Jun 05, 10:30am | 4503Read More...During Friday's morning session, 115 companies made new 52-week highs. Noteworthy Mentions: Apple (NASDAQ: AAPL) was the biggest firm by market cap to hit a new 52-week high. Energy Focus (NASDAQ: EFOI) was the smallest company when considering market cap to set a new 52-...
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No Surprise: Guess What Market Is Leading Post-Virus Equity Rebound
2020 Jun 05, 10:08am | 535Read More...The equity market rally that started in late March amid the economic shutdown forced by the coronavirus has plenty of participants, but domestic equities maintain impressive advantages over their international counterparts. What Happened Obviously, exchange-traded funds make it easy for set-it-and-...
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Gold ETFs Shatter Previous Years Records — And We're Not Even Halfway Into 2020
2020 Jun 05, 8:15am | 565Read More...Led by the SPDR Gold Shares (NYSE: GLD), the category's big kahuna, gold exchange-traded funds are on torrid asset-gathering paces this year. What Happened Not only are assets under management at gold ETFs, in aggregate, residing at all-time highs, but year-to-date inflows to these products are...
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18 Technology Stocks Moving In Friday's Pre-Market Session
2020 Jun 05, 7:44am | 524Read More...Gainers • Vislink Technologies, Inc. (NASDAQ:VISL) stock moved upwards by 38.60% to $1.58 during Friday's pre-market session. • Verb Tech, Inc. (NASDAQ:VERB) stock rose 27.27% to $1.54. • Domo, Inc. (NASDAQ:DOMO) stock rose 10.12% to $32. The most recent rating by Needham, on Jun...
