June 15, 2020 9:49 am
Shares in BP dropped 5% in Monday trading, leading the oil sector to a slump. Earlier today, the oil company stated its predictions for suffering up to a $17.5 billion slash in its second-quarter earnings. This forecast is based on the lower oil prices which were a result of the pandemic. Recently, the company reported […]
Read moreJune 15, 2020 8:08 am
One of the stocks that will be in focus on Monday will be easyJet as the airline will resume its flights after the lockdown period. For the first time since March 30, the British carrier will resume some of its flights. Although the company may have caught some investors’ interest, its shares declined in early […]
Read moreJune 12, 2020 1:48 pm
US stocks surged nearly 2% in premarket trading Friday, recovering from the big dive on the previous day. Shares in Adobe Inc. surged 5.2% before the start of the trading session. The reason for the interest in the company is its report for a quarterly profit that surpassed analysts’ expectations. During the pandemic crisis, the […]
Read moreJune 12, 2020 11:58 am
Shares in Games Workshop Group Inc. rose over 10% in Friday trading. The gaming company announced that its recovery process after the pandemic crisis is going “better than expected”. This motivated investors who bid on the company in the Friday trading session. The company that created Warhammer shared that the sales have increased significantly since […]
Read moreJune 12, 2020 9:02 am
The Friday trading session was not very successful for Japanese stocks, as the Paper & Pulp, Railway & Bus and Real Estate sectors declined. The Nikkei 225 dipped 0.74% at the close of the trading session. This being said, Z Holdings Corp., also known by its former name, Yahoo Japan, was the top performer, with […]
Read moreJune 12, 2020 7:14 am
US stocks were trading lower on Thursday due to the fear caused by the increased coronavirus cases. Despite that, Wah Fu Education’s shares surged to all-time highs, reaching 222.7% or 4.930 to trade at 7.150. Being one of the several penny stocks that caught investors’ attention, Wah Fu Education marked an all-time jump of 23% […]
Read moreJune 11, 2020 2:39 pm
Shares in Regeneron Pharmaceuticals gained 2.69% in premarket trading Thursday. The company piqued investors’ interest as it announced the start of its first clinical trials of antibody combinations for the treatment of COVID-19. The testing of the antibody cocktail, which is known as REGN-COV2, will be carried out on four different groups of people. Regeneron […]
Read moreJune 11, 2020 1:02 pm
Shares in Lufthansa dipped 8.8% in Thursday trading after the company admitted that it will lay off a significant part of its workforce. Although airlines started resuming some of their flights as pandemic restrictions are being lifted, the Germany-based air carrier is struggling to revive its services. Due to the current economic uncertainty and the […]
Read moreJune 11, 2020 9:54 am
Shares in Just Eat Takeaway declined 2.5% in the early hours of Thursday trading. This marks a second day of decline, with the Just Eat Takeaway shares dipping more than 13% at the close of the market on Wednesday. Even though the company announced its plans for acquiring the US chain Grubhub, investors were skeptical […]
Read moreJune 11, 2020 7:53 am
Wednesday was a mixed day for US stocks with some companies gaining and others losing points. One of the top performers was Microsoft Corporation, with shares jumping 3.71% or 7.04 points to trade at 196.84 at the close of the trading session. On Wednesday, the company’s shares rose to a record high, surpassing $1.5 trillion. […]
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