What happened
Shares of Latam Airlines Group (NYSE: LTM) fell 34% on Tuesday after the Latin American airline filed for Chapter 11 protection in New York. The pandemic has created an extraordinarily tough operating environment for airlines, and it seems unlikely the current equi
What happened
Shares of Textron (NYSE: TXT) rallied on Tuesday along with the broader markets, closing up 11%. Textron investors haven't had much to smile about so far in 2020, but the stock in recent sessions has started to gain back some of what was lost during the COVID-19 pa
Stocks roared back to life after the long holiday weekend, ending Tuesday with impressive daily wins. Most notably, the S&P 500 jumped over the the 3,000 level, which coincides with its closely watched 200-day moving average, for the first time since
early March, befor
What happened
Shares of Crocs (NASDAQ: CROX), Coty (NYSE: COTY), and Foot Locker (NYSE: FL), an assortment of retailers, jumped 10% or higher Tuesday morning as the markets received positive news about consumer sentiment and COVID-19 vaccines.
With the original fan favorite TV series The Walking Dead wrapping up its final season, AMC Entertainment (NYSE: AMC) now has a fairly likely timetable for the franchise to rise from the grave in the spinoff series The Walking Dead: World Beyond. Originally scheduled to start i
In trading on Tuesday, shares of UFP Industries Inc (Symbol: UFPI) crossed above their 200 day moving average of $43.88, changing hands as high as $46.00 per share. UFP Industries Inc shares are currently trading up about 5% on the day. The chart below shows the one year per
Sanofi (NASDAQ: SNY) plans to sell most of its stake in longtime partner Regeneron Pharmaceuticals (NASDAQ: REGN). The French drugmaker currently owns 20.6% of the American biotech -- about 23.2 million shares.