What happened
Crude oil is having one of its worst days in years. At this writing, both Brent and West Texas crude futures are down 8%, extending a two-week sell-off that has seen oil lose nearly one-quarter of its value.
Boeing's (NYSE: BA) "culture of concealment" and financial pressure to rush the 737 MAX to market helped contribute to the fatal flaws in the airliner's Maneuvering Characteristics Augmentation System, according to a new report out Friday from a House committee charged with inve
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
The best performing sector as of midday Friday is the Services sector, losing just 2.2%. Within that group, Walgreens Boots Alliance Inc (Symbol: WBA) and Kohl's Corp. (Symbol: KSS) are two large stocks leading the way, showing a gain of 2.8% and 2.2%, respectively. Among th
Looking at the sectors faring worst as of midday Friday, shares of Energy companies are underperforming other sectors, showing a 7.9% loss. Within that group, Diamondback Energy, Inc. (Symbol: FANG) and Devon Energy Corp. (Symbol: DVN) are two large stocks that are lagging, s
In trading on Friday, shares of Turning Point Therapeutics Inc (Symbol: TPTX) crossed below their 200 day moving average of $47.45, changing hands as low as $46.36 per share. Turning Point Therapeutics Inc shares are currently trading off about 5.1% on the day. The chart bel
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has decided against investing roughly $3 billion in the Energie Saguenay project, a proposed liquefied natural gas (LNG) export terminal near Quebec, the Wall Street Journal reports.
In trading on Friday, shares of Sunstone Hotel Investors Inc's 6.950% Series E Cumulative Redeemable Preferred Stock (Symbol: SHO.PRE) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.7375), with shares changing hands as low as $24.18 on the da
What happened
Oil prices tumbled on Friday after Russia refused to agree to an OPEC-led plan to reduce oil supplies further. By 1:15 p.m. EST, the U.S. oil benchmark, WTI, had tumbled nearly 8%, causing a massive sell-off across the industry, with several large producers plung
In trading on Friday, shares of Invesco Mortgage Capital Inc's 7.75% Fixed-to-Floating Series B Cumulative Redeemable Preferred Stock (Symbol: IVR.PRB) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9376), with shares changing hands as low
In trading on Friday, shares of Coupa Software Inc (Symbol: COUP) crossed below their 200 day moving average of $142.48, changing hands as low as $139.20 per share. Coupa Software Inc shares are currently trading off about 6.2% on the day. The chart below shows the one year
In trading on Friday, shares of PayPal Holdings Inc (Symbol: PYPL) crossed below their 200 day moving average of $109.89, changing hands as low as $107.90 per share. PayPal Holdings Inc shares are currently trading off about 2.4% on the day. The chart below shows the one yea
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in AutoZone, Inc. (Symbol: AZO), where a total of 1,550 contracts have traded so far, representing approximately 155,000 underlying shares. That amounts to about 48.8% of
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Wynn Resorts Ltd (Symbol: WYNN), where a total volume of 40,877 contracts has been traded thus far today, a contract volume which is representative of approxima
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Walmart Inc (Symbol: WMT), where a total of 34,983 contracts have traded so far, representing approximately 3.5 million underlying shares. That amounts to about 43.2% o
What happened
Shares of Inovio Pharmaceuticals (NASDAQ: INO), a highly volatile "coronavirus stock," surged as much as 36% in early trading on Friday. Shares were up about 25% as of 11:33 a.m. EST.
In trading on Friday, airlines shares were relative leaders, up on the day by about 0.1%. Leading the group were shares of Hawaiian Holdings, up about 5.3% and shares of Spirit Airlines up about 4.8% on the day.
In trading on Friday, shares of Rambus Inc. (Symbol: RMBS) crossed below their 200 day moving average of $13.24, changing hands as low as $12.80 per share. Rambus Inc. shares are currently trading down about 2.2% on the day. The chart below shows the one year performance o
In trading on Friday, shares of Lamar Advertising Co (Symbol: LAMR) crossed below their 200 day moving average of $83.45, changing hands as low as $80.23 per share. Lamar Advertising Co shares are currently trading off about 4.9% on the day. The chart below shows the one y
In trading on Friday, shares of Rush Enterprises Inc. (Symbol: RUSHA) crossed below their 200 day moving average of $40.70, changing hands as low as $39.91 per share. Rush Enterprises Inc. shares are currently trading down about 2.6% on the day. The chart below shows the one