Blog
Hertz Stock Surges 130% as Traders Buy Post-Bankruptcy
Hertz Global Holdings (NYSE: HTZ), which filed for Chapter 11 bankruptcy protection on May 22 under the pressure of mounting debt payments and a near standstill in revenue generation, soared 84%
Disney World's Top Rival Is Back in Business
A couple of Central Florida theme parks have reopened this week after an 11-week disruption. Legoland Florida was the first major operator to open to the public on Monday. Comcast's (NASDAQ: CMCSA)
U.S. Unemployment Was Down in May, But We're Not Out of the Woods
In April, the U.S. unemployment rate hit 14.7%, its highest on record. Economists feared the unemployment rate would climb even higher in May, what with millions of Americans still out of work, but
This Cold Stock Might Be Ready to Heat Up
Brooks Automation (NASDAQ: BRKS) knows how to stay cold. Among other things, it engineers cryogenic equipment -- machines that keep drug samples super cold for storage and purity purposes. After
Broadcom Hints at iPhone Delay
Chipmaker Broadcom (NASDAQ: AVGO), which supplies wireless semiconductors to Apple (NASDAQ: AAPL) for its iPhone, hinted the next iteration of the device will be delayed.
During a conference call
Coupa Software Stock Was Up 29% in May
Shares of Coupa Software (NASDAQ: COUP) climbed 29.2% higher in May, according to data provided by S&P Global Market Intelligence. The company didn't report any news during the month, so you
Why W.W. Grainger Stock Rose 12% in May
Shares of industrial products supplier W.W. Grainger (NYSE: GWW) rose a respectable 12% in May, according to data from S&P Global Market Intelligence. That easily beat the S&P 500's gain of around
Here's Why Ryman Hospitality Properties Stock Is Rising on Friday
The stock market is ending the week on an extremely high note, fueled by a fantastic jobs report and overall optimism about the reopening of the U.S. economy. As of 10:30 a.m. EDT on Friday, the
Gap Reports a $1.2B Loss, but Is Reopening Ahead of Schedule
Casual and lifestyle clothing retailer Gap (NYSE: GPS) reported its first-quarter 2020 results yesterday, unveiling both an operating loss of $1.2 billion and a faster-than-expected reopening. The
Report: OPEC+ Agrees to Extend Full Oil Production Cuts for 2 More Months
According to a report by Bloomberg, OPEC and its participating partner nations have agreed to extend their current crude oil production cut agreement through the end of July. The extension follows a
Roku's in the Best Position to Win This $7 Billion Opportunity
Connected-TV advertising spending in the United States is expected to more than double over the next few years, surpassing $14 billion by 2023. And with the recent pullback in traditional television
GameStop’s New Management Wins Over Michael Burry (of 'The Big Short') in Proxy Fight
Next Friday, June 12, will mark the annual meeting for GameStop (NYSE: GME). The video game retailer has been quite the battleground stock in recent years -- and not only for bulls versus bears, but
3 Stocks to Watch in June
As we move into a new phase of the novel coronavirus pandemic and social-distancing restrictions begin to ease, we're hoping for a return to economic growth. Provided we don't see a resurgence of
Why Retailers Like Michaels, American Eagle Outfitters, Burlington, and Office Depot Saw Big Stock Gains in May
Shares of arts and crafts retailer The Michaels Companies (NASDAQ: MIK) shot up 27% in May, according to data from S&P Global Market Intelligence. Teen clothing store American Eagle Outfitters
GW Pharmaceuticals Is Picking Up Steam in 2020
If you had given up on marijuana stocks, let me tell you why you should reconsider this year. The COVID-19 pandemic is wreaking havoc on most other sectors -- but it might actually be helping the
This Is the Biggest Problem in Canopy Growth's Q4 Earnings Report
Canopy Growth (NYSE: CGC) released its fourth-quarter results on May 29. The number that garnered attention was the company's mammoth loss, which totaled $1.3 billion Canadian dollars. It's another
Here's Why STORE Capital Is Soaring Today
The stock market is continuing its rally on Friday, fueled by a better-than-expected jobs report and general investor optimism about the economy reopening. As of 10:15 EDT, the Dow Jones Industrial
Why B&G Foods Stock Jumped 20% in May
Shares of food maker B&G Foods (NYSE: BGS) rose about 20% in May, according to data from S&P Global Market Intelligence. That easily beat the S&P 500 Index's gain of roughly 5%. What was most
Here's Why Etsy Stock Was Up 25% in May
Shares of e-commerce company Etsy (NASDAQ: ETSY) were 24.8% higher in May, according to data provided by S&P Global Market Intelligence. And it's simple to explain the stock's return. The company
This Is How Much It Costs for a Senior to Live Independently in Every U.S. State
Most retirees live on Social Security and money from investments, so making sure retirement account balances don't run out is essential. That's why it's so important to assess the cost of living
Should You Buy Smith & Wesson's Outdoor Gear Spinoff?
American Outdoor Brands is now Smith & Wesson Brands (NASDAQ: SWBI) after the company officially changed its name and ticker symbol on June 1. The gunmaker is preparing the spin off of its outdoor
Is Royal Dutch Shell a Buy?
Of all the oil majors, Royal Dutch Shell's (NYSE: RDS.A) (NYSE: RDS.B) response to the current oil and gas downturn has been the most severe.
2020 spending has been cut by at least 20%, the dividend
Why in the World Is Hertz Stock Soaring 130%?
Shares of Hertz Global Holdings (NYSE: HTZ), a vehicle rental company that recently filed for bankruptcy protection, are soaring more than 130% Friday after a positive May jobs report and optimistic
Why Shares of American Airlines Are Rocketing Higher Again Today
Shares of American Airlines Group (NASDAQ: AAL) opened on Friday up 30% after climbing 40% on Thursday. Investors are getting excited about a recovery in the travel sector, but they appear to be
3 Ways to Prepare Your Portfolio for a Recession
If the ongoing pandemic -- not to mention recent civil unrest and protests -- have you jittery and worried about your finances, fearing a possible prolonged recession, you're not alone. A recent sur


