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 moreMay 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 moreMay 26, 2020 9:55 am
The shares of the Japanese gaming company Marvelous Inc. were untraded after the increase of buy orders on Tuesday. The predictions for the company’s stock is to close at its daily trading limit of 17%. This was a result of the latest news of the Chinese company Tencent buying a 20% stake in Marvelous Inc. […]
Read moreMay 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 moreMay 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 moreMay 22, 2020 12:46 pm
As the tension between the U.S. and China increases, European stocks dropped in Friday trading. The luxury brand Swatch Group also suffered losses as its shares declined 2.7%. The brand relied on China and Hong Kong for a big portion of its sales. The recent news on a security law in the autonomous region, however, […]
Read moreMay 22, 2020 8:54 am
Hong Kong shares dropped down on Friday with property shares enduring a major hit. The real estate company Sun Hung Kai Properties Limited, along with Sino Land and Wharf Real Estate, suffered a drop of more than 6.6%. In the past few weeks the tension between China and the U.S. intensified as the two countries […]
Read moreMay 21, 2020 2:22 pm
Following Best Buy’s report about results for the first quarter of the fiscal 2020, the company’s shares dropped 2% in premarket trading Thursday. Despite the 155% increase in online sales in the U.S., consumer electronics sales plummeted by more than 15%. At the beginning of the pandemic, Best Buy experienced a jump in sales since […]
Read moreMay 21, 2020 11:42 am
SoftBank Group Corp stock continued to fall after the company’s share closed down 0.8% on Friday. As part of its plan to accumulate $41 billion by selling some of its assets, SoftBank announced it is going to sell 5% of its domestic telco SoftBank Corp. The deal is due to be closed on May 26 […]
Read moreMay 21, 2020 8:35 am
While Germany stocks closed higher on Wednesday, one of the worst performers was CTS Eventim AG as its shares were down 7.07% to 34.720. Due to the numerous events that were postponed as a result of the coronavirus pandemic, the earnings and revenue of the company were significantly lower compared to the results of the […]
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