What happened
Shares of Boeing (NYSE: BA) were down 4% as of noon EDT on Wednesday following the company's second-quarter earnings report. The results, as expected, were bad, and the company was clear it expects it will need years to work through its current troubles.
In trading on Wednesday, shares of Diageo plc (Symbol: DEO) crossed above their 200 day moving average of $148.63, changing hands as high as $150.30 per share. Diageo plc shares are currently trading up about 2.2% on the day. The chart below shows the one year performance of
In trading on Wednesday, shares of Mednax, Inc. (Symbol: MD) crossed above their 200 day moving average of $19.97, changing hands as high as $20.28 per share. Mednax, Inc. shares are currently trading up about 2.8% on the day. The chart below shows the one year performance o
What happened
Shares of Tupperware Brands (NYSE: TUP) are skyrocketing -- not just today but also in 2020 in general. The stock bottomed out in early April under $2 per share. Since then, it's about a ten-bagger.
In trading on Wednesday, shares of Easterly Government Properties Inc (Symbol: DEA) crossed above their 200 day moving average of $23.96, changing hands as high as $24.14 per share. Easterly Government Properties Inc shares are currently trading up about 1% on the day. The c
In trading on Wednesday, shares of Extra Space Storage Inc (Symbol: EXR) crossed above their 200 day moving average of $100.98, changing hands as high as $101.19 per share. Extra Space Storage Inc shares are currently trading up about 0.7% on the day. The chart below shows t
In trading on Wednesday, shares of Rexford Industrial Realty Inc (Symbol: REXR) crossed above their 200 day moving average of $43.91, changing hands as high as $46.68 per share. Rexford Industrial Realty Inc shares are currently trading up about 6.8% on the day. The chart be
In trading on Wednesday, shares of Strategic Education Inc (Symbol: STRA) crossed below their 200 day moving average of $150.81, changing hands as low as $125.01 per share. Strategic Education Inc shares are currently trading down about 23% on the day. The chart below shows
Recent IPO filer RedBall Acquisition (RBAC.U) is looking to bring sports into SPACs. The blank check company plans to raise $500 million to acquire a professional sports franchise, specifically citing European football clubs. Led by a group of experienced sports executives, its c
Shares of Shopify (NYSE: SHOP) jumped on Wednesday, rising to a new all-time high. The stock's big gain was fueled by second-quarter results that blew past analyst estimates. "The ongoing effect of the COVID-19 pandemic has been to accelerate the shift of purchase habits to e-co
Denbury Resources (NYSE: DNR) has agreed to a restructuring support agreement with the majority of its creditors to eliminate $2.1 billion of the company's bond debt. As a result, Denbury plans to file for Chapter 11 bankruptcy later this week to implement this pre-packaged p
What happened
Shares of FireEye (NASDAQ: FEYE) were skyrocketing this morning after the company outpaced Wall Street's expectations for the second quarter.
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The second quarter was a brutal period for the energy market, as crashing crude prices forced many oil and gas producers to shut in wells to save money. While that volatility had some impact on Enterprise Products Partners (NYSE: EPD) during the period, its results proved to
A special purpose acquisition company (SPAC) is a publicly traded shell company formed for the purpose of acquiring a privately held company, which has the effect of taking that acquired company public. SPACs have become an interesting alternative for companies interested in acc
The following are today's upgrades for Validea's Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins.
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