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Nasdaq Markets

How the Stock Market Hit Record Highs as the Pandemic Worsened

5 years 11 months ago
Friday was a good day on Wall Street, as the stock market moved higher even in the face of huge challenges. Between the presidential transition in Washington, the COVID-19 pandemic, and tough economic and business conditions throughout much of the world, market participants never

How Are Utility ETFs Reacting to Mixed Q3 Earnings?

5 years 11 months ago
The utility sector has come up with mixed results so far this earnings season. Of the 96.4% S&P companies in the sector that have reported, 77.8% beat bottom-line estimates, while 40.7% surpassed revenue estimates. Earnings rose 2.8% while revenues declined 3.1% year over yea

Why Amwell Stock Plummeted by 18% Today

5 years 11 months ago
What happenedAmerican Well (NYSE: AMWL), aka Amwell, didn't do well at the end of the week. The bitter pill is its fiscal third-quarter 2020 results, released after market hours on Thursday, which drove the stock down by 18% the following day.

Why Airline Stocks Flew Higher on Friday

5 years 11 months ago
What happenedOn Friday, airline stocks finished one of their most volatile weeks since the beginning of the pandemic on a high note, with industry shares gaining elevation on a strong day for the broader markets. The industry right now is caught between short-term concerns and lo

Why MoneyGram Stock Soared Today

5 years 11 months ago
What happenedShares of MoneyGram International (NASDAQ: MGI) surged by more than 20% on Friday after the money transfer company said its direct-to-consumer business was growing at a torrid clip.

Why Blink Charging's Shares Fell 10.4% on Friday

5 years 11 months ago
What happened Shares of electric-vehicle (EV) charging-infrastructure company Blink Charging (NASDAQ: BLNK) fell as much as 10.4% in trading Friday after reporting third-quarter 2020 earnings. Shares of this growth stock closed the week down 7.1% for the day.

3 Takeaways From Beyond Meat's Q3 Earnings

5 years 11 months ago
Beyond Meat (NASDAQ: BYND) reported third-quarter earnings earlier this week which included an adjusted net loss per share of $0.28 on revenue of $94.4 million, well below consensus analyst estimates of $0.05 EPS on $132.4 million in revenue. The food producer attributed the wea

Why Datadog Stock Fell on Friday

5 years 11 months ago
What happenedShares of monitoring and analytics platform specialist Datadog (NASDAQ: DDOG) took a hit on Friday, declining nearly 5% by the time the market closed. At one point during the trading day, the stock was down 6.8%.

AMC Networks (AMCX) Shares Cross Above 200 DMA

5 years 11 months ago
In trading on Friday, shares of AMC Networks Inc (Symbol: AMCX) crossed above their 200 day moving average of $26.10, changing hands as high as $26.37 per share. AMC Networks Inc shares are currently trading up about 6% on the day. The chart below shows the one year performan

Disney Stock Will Surge 20% to $166, According to This Analyst

5 years 11 months ago
Disney (NYSE: DIS) is providing its shareholders with many ways to profit.So says Bank of America analyst Jessica Reif Ehrlich. On Friday, she reiterated her buy rating on Disney's stock and boosted her price forecast from $146 to $166. Her new target price represents potential g

Dow, SPX Finish With Weekly Wins Amid Vaccine Optimism

5 years 11 months ago
The major indexes ended Friday on a good note, as investors bet on stocks tied to a potential COVID-19 vaccine, and remained hopeful of a smooth economic recovery in 2021. Still, the surge of coronavirus cases in the U.S. and abroad kept a lid on gains. In response, the Dow ind

PPC Crosses Above Key Moving Average Level

5 years 11 months ago
In trading on Friday, shares of Pilgrims Pride Corp. (Symbol: PPC) crossed above their 200 day moving average of $18.39, changing hands as high as $18.46 per share. Pilgrims Pride Corp. shares are currently trading up about 4.2% on the day. The chart below shows the one year
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