Walt Disney shares rise in premarket trading, Orlando theme parks to reopen

May 27, 2020 2:46 pm
Despite the rising tension between China and the U.S., Wall Street stocks jump in premarket trading Wednesday. The reason for this is the hope for the recovery of businesses as companies begin to resume their activities. Walt Disney Company is among the stocks that made the biggest moves in premarket trading Wednesday. The mass media […] Read more

DOWA Holdings shares close high, Japan stocks reverse earlier losses

May 27, 2020 9:59 am
After the increasing tension in Hong Kong, the Asian stocks were mixed in Wednesday trading. While the Shanghai Composite Index and the Hang Seng Index declined, the Japanese stocks closed high on Wednesday. The Real Estate, Paper & Pulp and Railway & Bus were the leading sectors that contributed to the jump in Japanese stocks. […] Read more

Sanofi stock closes low despite $13 billion deal on Regeneron shares

May 27, 2020 8:09 am
Sanofi’s shares closed lower in Tuesday trading despite the recent deal for selling its shares in the U.S. biotechnology company Regeneron. Sanofi will earn about $13 billion after selling a huge part of its 20.6% stake in Regeneron. Despite that, the company’s shares dropped 1% on Tuesday, along with other healthcare companies’ stocks. On Monday, […] Read more

Novavax shares surge after news of experimental coronavirus vaccine

May 26, 2020 2:42 pm
The biotech company, Novavax, was among the top performers in Tuesday trading. The vaccine developer’s shares jumped 13.3% to $52.25 after the company shared that it is launching its experiments on an anti-coronavirus vaccine. Novavax stated that it began the first phase of its vaccine experiment. The first step towards the development of the vaccine […] Read more

TUI stock jumps after airlines plan to resume global traveling

May 26, 2020 1:20 pm
After the holidays in the U.K., the European travel stocks rose on Tuesday as Spain decided to welcome foreign tourists. The multinational travel and tourism company, TUI Group, was also among the best performers with shares surging 35%. The investors were motivated by TUI’s update on resuming flights at the end of June. As the […] Read more

Bayer shares jump, Germany stocks close the highest since March

May 26, 2020 7:50 am
While Monday trading was not that active as a result of the holidays in the U.K. and the U.S., Germany’s stocks enjoyed quite the jump. This is the highest level that the DAX has reached since the beginning of March. The Pharmaceuticals and Healthcare, Software and Industrials sectors were among the best performers on Monday. […] Read more

Foot Locker stock drops, first quarter results are worse than expected

May 22, 2020 2:32 pm
After Foot Locker reported first-quarter losses and sales, the company’s stock continued dropping. The sportswear and footwear retailer’s shares declined 4.5% in premarket trading Friday. This was the outcome of the first-quarter results, which were worse than analysts’ predictions. Foot Locker stated same-store sales fell 42.8% during the first quarter, which is a performance far […] Read more