What happened
Many growth stocks continued their brutal descent on Friday. By the close of trading, shares of Shopify (NYSE: SHOP), Square (NYSE: SQ), and PayPal (NASDAQ: PYPL) were down 4.2%, 4.2%, and 6.4%, respectively, after falling more than 10% earlier in the day.
Graybug Vision, a Phase 2 biotech developing transformative medicines for ocular diseases, filed on Friday with the SEC to raise up to $86 million in an initial public offering.
The company's lead candidate, GB-102, is an intravitreal injection being developed as a 
In the latest trading session, Shell Oil (RDS.A) closed at $28.91, marking a -0.1% move from the previous day. This move was narrower than the S&P 500's daily loss of 0.81%. At the same time, the Dow lost 0.56%, and the tech-heavy Nasdaq lost 1.27%.
The strong and sustained rally in tech stocks, which appears to have finally come to an end, was due in no small part to a single investor. According to the Financial Times, citing "people familiar with the matter," Japanese tech conglomerate SoftBank (OTC: SFTBY) was the respon
What happened
Shares of Overstock.com (NASDAQ: OSTK) dropped as much as 17% today but recouped some of the losses, and are down 8% as of today's market close. The shares are down 30% just this week.
Neiman Marcus Group said on Friday it expected to emerge from Chapter 11 bankruptcy by the end of this month under a restructuring plan that is likely to eliminate more than $4 billion of its debt.
The so-called FAANG stocks had a rough week at the start of September 2020. A broad market rout drove their share prices sharply lower on Thursday and Friday at an average drop of 7.1% for the group of five leading technology companies. The S&P 500 market index only fell 4%
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
Federal Reserve Chair Jerome Powell on Friday said the U.S. jobs report for August was "a good one," but signaled the central bank will keep monetary policy ultra-accommodative for years to support recovery from the coronavirus crisis and recession.
A robust Financial Framework is critical to ensure and demonstrate financial control and provides the tools necessary for effective decision making and financial analysis.
(RTTNews) - After extending yesterday's sell-off early in the session, stocks staged a significant recovery attempt over the course of the trading day on Friday. The major averages climbed well off their worst levels of the day but still finished the session in negative territor
As risk assets recovered on Friday afternoon, the safe-haven U.S. dollar dipped, retracing gains made on safe-haven demand following a Labor Department report that job growth slowed further in August, threatening the economy's recovery from the COVID-19 pandemic.
In trading on Friday, shares of China Eastern Airlines Corp., Ltd. (Symbol: CEA) crossed above their 200 day moving average of $21.06, changing hands as high as $21.14 per share. China Eastern Airlines Corp., Ltd. shares are currently trading up about 3.4% on the day. The ch
What happened
For two days running, the Nasdaq has been running scared -- and shareholders of e-commerce stocks Sea Limited (NYSE: SE), Etsy (NASDAQ: ETSY), and Stamps.com (NASDAQ: STMP) seem no less frightened than others. All three stocks fell sharply in early trading this mor
What happened
Shares of arts-and-crafts supply company The Michaels Companies (NASDAQ: MIK) went up on Friday, even though the overall market was down. Michaels was able to beat the downward trend thanks to a slew of analyst upgrades, including increased priced targets.
The Nasdaq closed lower on Friday though well above its session low as selling eased late in the day after investors dumped heavyweight technology stocks due to concerns about high valuations and a patchy economic recovery.
In trading on Friday, shares of Materion Corp (Symbol: MTRN) crossed below their 200 day moving average of $53.33, changing hands as low as $52.68 per share. Materion Corp shares are currently trading down about 0.7% on the day. The chart below shows the one year performance
What happened
Shares of tech titan Apple (NASDAQ: AAPL) rocketed up 21.4% in August, according to data provided by S&P Global Market Intelligence. That continued 2020's outperformance trend for the device maker. For the first eight months of the year, Apple's share price w