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Why Adaptive Biotechnologies Topped the Market Today

2 years 5 months ago
Adaptive Biotechnologies (NASDAQ: ADPT), a company that, in its own words, "aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease," was the cure for the stock market blahs on Wednesday. The commercial-stage biotech repor

Why Did Atlassian Stock Drop 12% in April

2 years 5 months ago
Shares of Atlassian (NASDAQ: TEAM) fell 11.7% last month, according to data from S&P Global Market Intelligence. The stock dropped rapidly after its quarterly earnings report. Investors raised concerns about future growth potential, and the departure of a key executive contri

Why Flywire Stock Got Grounded Today

2 years 5 months ago
The market wasn't willing to take flight with financial software company Flywire (NASDAQ: FLYW) on Wednesday. After the company published its latest set of quarterly results after market hours the previous day, investors assertively traded out of the stock. It ended up closing do

Why LegalZoom Stock Plummeted by Nearly 24% Today

2 years 5 months ago
Although the broader stock market traded flat on Wednesday, numerous titles were outliers in terms of their price movements. Unfortunately for its investors, LegalZoom (NASDAQ: LZ) was one of them, and not positively. The company's share price tumbled by nearly 24% after it divul

Why Affirm Stock Slipped Today

2 years 5 months ago
Shares of Affirm (NASDAQ: AFRM), the buy now, pay later (BNPL) specialist, finished lower today as weak guidance from Shopify (NYSE: SHOP) seemed to overshadow an otherwise solid third-quarter earnings report from Affirm.

Why Block Shares Dropped 14% in April

2 years 5 months ago
Shares of Block (NYSE: SQ) fell 13.7% last month, according to data from S&P Global Market Intelligence. A combination of a downgraded analyst rating and challenging market conditions pushed the fintech stock lower, but it reversed some of those losses in early May.

Why Freyr Battery Stock Was a Winner on Wednesday

2 years 5 months ago
Freyr Battery (NYSE: FREY) stockholders got quite a positive charge from their company on Hump Day. The company released first-quarter earnings that morning, and investors liked what they saw. They traded the electric-vehicle (EV) battery developer's share price up by more than 1

Why Toast Stock Jumped 15% Today

2 years 5 months ago
Shares of Toast (NYSE: TOST) soared 15.1% higher on Wednesday morning, spiced up by a tasty first-quarter earnings report. By 3 p.m. ET, the stock had cooled down somewhat to a 13.6% one-day gain.

See Which Of The Latest 13F Filers Holds Uber Technologies

2 years 5 months ago
At Holdings Channel, we have reviewed the latest batch of the 27 most recent 13F filings for the 03/31/2024 reporting period, and noticed that Uber Technologies Inc (Symbol: UBER) was held by 11 of these funds. When hedge fund managers appear to be thinking alike, we find it is

Wednesday 5/8 Insider Buying Report: CZR, MBUU

2 years 5 months ago
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. On Friday, Caesars Entertainment's Director, Michael E. Pegram, made a $1.46M buy o

Why Kratos Defense & Security Stock Is Gaining Altitude Today

2 years 5 months ago
Kratos Defense & Security Solutions (NASDAQ: KTOS) delivered better-than-expected results in the first quarter and provided positive updates about some of its most important drone programs. Investors are climbing on board, sending Kratos shares up 5% as of 2:30 p.m. ET on Wed
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