What happened
Charlotte's Web Holdings (OTC: CWBHF), a Colorado-based cannabinoid wellness company, saw its shares gain a healthy 13.8% Friday. This double-digit uptick marks the first time the stock has rallied in nearly a full month. In fact, Charlotte's Web's stock was down b
As the IPO market reels from the effects of the coronavirus, just one billion-dollar deal is scheduled for the week ahead, following a 9% drop in the Renaissance IPO Index and the largest spike in the VIX volatility index since Black Monday 2011.GFL Environmental (GFL), North Am
Congo's military intelligence chief died on Friday after suffering a heart attack, his wife said, following media reports that an investigation had been opened into allegations that he tried to destabilise the country.
Trump administration officials have rescheduled for March 11 a critical meeting to discuss potential new U.S. restrictions on sales of technology to Huawei and China, people familiar with the matter said.
What happened
Shares of Best Buy (NYSE: BBY) pulled back Friday as concerns about the coronavirus impact overwhelmed an otherwise strong fourth-quarter earnings report.
Moody's Investors Service said on Friday it expects Mexican state oil company Petroleos Mexicanos to increase production by 1% in 2020, replacing about 50% of its proved reserves, and that it demonstrated "good progress" last year.
Filming of Netflix Inc's big-budget Dwayne Johnson movie "Red Notice" had been scheduled to move to Italy in the coming weeks, but producers now are exploring other locations due to the coronavirus outbreak in the country, a source close to the production told Reuters on Friday.
Seacor (CKH) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of $0.28. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.
Stitch Fix (SFIX) closed the most recent trading day at $24.03, moving +1.01% from the previous trading session. This move outpaced the S&P 500's daily loss of 3.17%. Meanwhile, the Dow lost 3.77%, and the Nasdaq, a tech-heavy index, lost 2.28%.
(RTTNews) - Canadian stocks plummeted on Friday, extending losses to a sixth straight session, as worries about the coronavirus outbreak intensified and forced investors to exit counters.
The automobile industry may be encountering headwinds, but General Motors (NYSE: GM) thinks that demand will remain strong for sport utility vehicles. The company announced on Friday it would be adding more than 1,200 jobs to an assembly plant near Lansing, Michigan, in an effor
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