June 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. […]
Read moreJune 10, 2020 2:45 pm
Shares in Five Below gained over 11% in premarket Wednesday trading, making the company one of the top performers before the start of the trading session. Even though the company announced huge first-quarter losses, investors believe that Five Below may start recovering soon. For the first quarter of 2020, Five Below reported non-GAAP earnings of […]
Read moreJune 10, 2020 12:56 pm
European stocks opened higher on Wednesday, with most investors showing interest in the banking sector. Meanwhile, the shares of the fashion giant Inditex were trading flat at the beginning of the Wednesday session. The reason for that was the company’s first-quarter earnings report. The Spanish fashion giant reported a net loss of €409 million ($465 […]
Read moreJune 10, 2020 9:44 am
While US stocks were mixed on Tuesday, one of the worst performers was AMC Entertainment Holdings. The shares of the movie theater company dropped 7% on Tuesday after it announced its first-quarter earnings. The net losses that the company reported for the first quarter of 2020 amounted to $2.2 billion. Due to the global pandemic […]
Read moreJune 10, 2020 7:53 am
Among the US stocks, the Technology sector was one of the well-performing sectors on Tuesday. The biggest jump was for Apple’s stock, which closed 3.16% or 10.53 points. As businesses started resuming their usual activities, investors felt hopeful for the recovery of the economy. Apple announced a new trade-in program for its customers who will […]
Read moreJune 9, 2020 2:52 pm
Despite the strong beginning of the week on Monday, US stocks were lower in premarket Tuesday trading. Even though airline stocks gave investors hopes for economic recovery after resuming flights, Delta Air Lines declined more than 6% in premarket trading. These results came after the massive gains on Monday, prompted by the reopening of businesses […]
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