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Stocks Fall Dramatically, Dow Logs Third-Straight Loss

6 years 1 month ago
The dismal day for the major indexes never had a chance at recovery, as fears continued to mount concerning a renewal of coronavirus cases worldwide. After beginning the day down around 900 points, the Dow finished the session 509 points lower, its third-straight loss and wors

Why Steel Stocks Are Crashing Today

6 years 1 month ago
What happened U.S. stock markets are continuing the declines seen in Europe overnight. While the major U.S. market indexes are experiencing general declines of 2% to 3%, steel stocks are showing outsized drops. United States Steel (NYSE: X), ArcelorMittal (NYSE: MT) and Clevelan

Why Nikola Stock Blew Up Today

6 years 1 month ago
What happened Shares of electric-truck start-up Nikola (NASDAQ: NKLA) were down sharply on Monday, following the overnight departure of founder Trevor Milton amid allegations that he misled investors.

Why Sabre Stock Tumbled Today

6 years 1 month ago
What happened Shares of Sabre (NASDAQ: SABR) fell by as much as 10% today as investors continued a broader stock sell-off that began earlier this month. The S&P 500 fell 2.3% in afternoon trading and Sabre's stock is down 8.4% as of 2:21 p.m. EDT.

BioLife Solutions to Buy SciSafe in $30 Million Deal

6 years 1 month ago
BioLife Solutions (NASDAQ: BLFS) is starting the week with a bang. On Monday morning, the company announced it has signed a definitive agreement to purchase privately held SciSafe. The price is $30 million, which will be paid half in cash and half in newly issued BioLife common

Why Airline Shares Are Falling Today

6 years 1 month ago
What happened Airline shares lost altitude on Monday morning after a weekend news cycle heavy on concerns about a new wave of COVID-19 cases and closings. The airlines were hit hard in the spring when the U.S. and international partners went on lockdown, and the industry can ill

Swiss Market Closes Sharply Lower

6 years 1 month ago
(RTTNews) - The Switzerland stock market tumbled on Monday, in line with markets across the globe, amid mounting worries about surging coronavirus cases and fears of lockdown measures in several parts of Europe.

Illumina to Acquire Cancer Diagnostics Start-up Grail

6 years 1 month ago
Gene-sequencing giant Illumina (NASDAQ: ILMN) confirmed last week's rumor that it's buying Grail, a start-up working on early detection of cancer using DNA analysis of blood samples, in a deal worth $8 billion. Grail was founded by Illumina in 2016, spun off as an independent co
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