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Why Aldeyra Therapeutics Stock Soared Today

6 years ago
What happenedShares of Aldeyra Therapeutics (NASDAQ: ALDX) soared 18.1% higher on Friday. The big jump came after BTIG analyst Julian Harrison initiated coverage on the stock with a buy recommendation and a price target of $29 -- more than four times Aldeyra's closing price on Th

U.S. Stocks Close Mixed Following Late-Day Pullback

6 years ago
(RTTNews) - After moving sharply higher early in the session, stocks remained mostly positive throughout the trading day on Friday before coming under pressure going into the close. The major averages pulled back sharply in the final hour of trading, with the tech-heavy Nasdaq sl

5 ETFs to Ride the Popular Trends Amid Coronavirus Crisis

6 years ago
Investors seem to be spooked by the resurgence in coronavirus cases as they fear that another round of business restrictions and lockdown measures might derail the economic recovery achieved so far. According to a CNN report, the United States is close to recording 8 million coro

Nikola Chief Says Company Doesn't Need GM

6 years ago
Nikola (NASDAQ: NKLA) chief executive officer (CEO) Mark Russell said in an interview that the company doesn't need its partnership with General Motors (NYSE: GM), which continues to be negotiated, according to a Bloomberg report.

Why Nikola Stock Is Rolling Downhill Today

6 years ago
What happenedShares of embattled electric-truck start-up Nikola (NASDAQ: NKLA) were trading lower on Friday after its CEO downplayed the need to build an electric-pickup truck as negotiations with General Motors (NYSE: GM) remain unresolved.

Here's Why Fastly Is Falling Even More on Friday

6 years ago
What happenedThe stock market was in a positive mood Friday with the major U.S. indexes up fractionally as of mid-afternoon. But that didn't stop edge-computing platform operator Fastly (NYSE: FSLY) from getting crushed for a second consecutive day. After shedding 27% of its valu

Why Flex Stock Is Rising Today

6 years ago
What happenedShares of Flex (NASDAQ: FLEX) are rising today, up by 12% as of 1:34 p.m. EDT, after getting positive commentary from Wall Street. RBC Capital and J.P. Morgan both upgraded their respective views on the consumer electronics contract manufacturer.
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