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Why Sorrento Therapeutics Stock Jumped Today

6 years 2 months ago
What happened Shares of Sorrento Therapeutics (NASDAQ: SRNE) rose on Friday, furthering the biopharmaceutical company's gains since it disclosed a licensing deal for an innovative new COVID-19 test. By the close of trading, Sorrento's stock was up 4.3% after rising as much as 2

Dunkin’ Says It Will Close 800 Locations This Year

6 years 2 months ago
Dunkin' Brands (NASDAQ: DNKN) intends to shutter approximately 800 of its locations permanently in 2020, targeting those with low sales volume to streamline its expenditures and operations. The news was announced as part of yesterday's earnings release, in which Dunkin' announce

Seagate Stumbles, but Its 5.9% Dividend Yield Is Secure

6 years 2 months ago
Seagate's (NASDAQ: STX) stock recently tumbled after the hard drive maker's fourth-quarter numbers missed Wall Street's expectations. Its revenue rose 6% year over year to $2.52 billion, but missed estimates by $100 million. Its adjusted net income increased 17% to $311 million,

Why 2U Stock Went Up on Friday

6 years 2 months ago
What happened Shares of online-education enabler 2U (NASDAQ: TWOU) were up nicely on Friday, after the company reported results for the second quarter of 2020 that exceeded Wall Street's expectations. As of 3 p.m. EDT, the stock was up 7% for the session.

Why Spartan Energy Acquisition's Stock Fell on Friday

6 years 2 months ago
What happened Shares of Spartan Energy Acquisition (NYSE: SPAQ), a special-purpose acquisition company (SPAC) that has agreed to merge with electric-vehicle start-up Fisker, were trading lower on Friday after Fisker reported a potential snag in its plan to put its electric SUV i
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