Shares of Cigna Group (NYSE: CI) were up 16.6% as of 1:30 p.m. ET Monday after the health insurance giant reportedly called off its potential acquisition Humana and announced a $10 billion buyback instead.
The best performing sector as of midday Monday is the Technology & Communications sector, higher by 1.8%. Within that group, Broadcom Inc (Symbol: AVGO) and Etsy Inc (Symbol: ETSY) are two large stocks leading the way, showing a gain of 9.2% and 6.3%, respectively. Among
Investors considering a purchase of Roivant Sciences Ltd (Symbol: ROIV) stock, but tentative about paying the going market price of $9.92/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in part
Investors eyeing a purchase of Lumentum Holdings Inc (Symbol: LITE) stock, but tentative about paying the going market price of $44.84/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particu
Investors considering a purchase of Elanco Animal Health Inc (Symbol: ELAN) stock, but tentative about paying the going market price of $12.76/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in
Investors eyeing a purchase of Joby Aviation Inc (Symbol: JOBY) stock, but tentative about paying the going market price of $6.49/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular,
Investors considering a purchase of Ginkgo Bioworks Holdings Inc (Symbol: DNA) shares, but cautious about paying the going market price of $1.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Oracle Corp (Symbol: ORCL), where a total volume of 107,118 contracts has been traded thus far today, a contract volume which is representative of approximately
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Nucor Corp. (Symbol: NUE), where a total volume of 6,161 contracts has been traded thus far today, a contract volume which is representative of approximately 616
The big tech companies have led the market for most of 2023, but that wasn't the case on Monday with most of the industry falling more than the market overall. In fact, the S&P 500 is up about 0.1%, meaning the non-mega-cap stocks are leading the way.
In trading on Monday, shares of Bank of Hawaii Corp's 4.375% Dep Shares Non-Cumulative Preferred Stock, Series A (Symbol: BOH.PRA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.094), with shares changing hands as low as $14.50 on the day.
Although embattled EV manufacturer Mullen Automotive has long garnered intense support, market gamblers need to wait for an opportune moment to strike MULN stock.
In trading on Monday, shares of Truist Financial Corp's Series I Non-Cumulative Perpetual Preferred Stock (Symbol: TFC.PRI) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.5675), with shares changing hands as low as $20.70 on the day. This
In trading on Monday, shares of Associated Banc-Corp's 4,000,000 Depositary Shares Each Representing a 1/40th Interest in a Share of 5.875% Non-Cumulative Perpetual Preferred Stock, Series E (Symbol: ASB.PRE) were yielding above the 8% mark based on its quarterly dividend (ann
In trading on Monday, shares of BCE Inc's Cumulative Redeemable First Preferred Shares, Series AK (TSX: BCE-PRK.TO) were yielding above the 6% mark based on its quarterly dividend (annualized to $0.8265), with shares changing hands as low as $13.66 on the day. As of last clo
In trading on Monday, shares of General American Investors Inc's 5.95% Cumulative Preferred Stock, Series B (Symbol: GAM.PRB) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4875), with shares changing hands as low as $24.75 on the day. This
Lumen Technologies (NYSE: LUMN), the telecom company formerly known as CenturyLink, has lost 86% of its value since its rebranding and ticker change on Sept. 18, 2020. The S&P 500 rose 39% during the same period.Lumen's stock plunged as its business and residential wireline b
(RTTNews) - e-commerce company Jeffs' Brands Ltd. (JFBR, JFBRW) announced Monday its latest market expansion through an exclusive distribution agreement with Bolly Jon Ltd., a biotech-beauty hair care product brand.
“…note that SPX 4,606 now resides just overhead and is the site of the late-July intraday high before a correction into October. This level is exactly 20% above the SPX’s 2022 close. As such, a short-term risk is those that are thinking “breakeven&rdquo
Rivian Automotive (NASDAQ: RIVN) was among the highest-valued U.S. automakers when it went public in 2021. A market cap of over $100 billion put it second only to Tesla, which was valued at around $1 trillion at the time. The problem was that in 2021, Rivian only generated $55 mi