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Why BioNTech Stock Soared 66% in March While the Market Plunged
Shares of German clinical-stage biotech BioNTech (NASDAQ: BNTX) skyrocketed 66.4% in March, according to data from S&P Global Market Intelligence.
For context, last month the S&P 500 index returned
Why Digital Realty Trust Stock Gained 16% in March While the Market Plunged
Shares of Digital Realty Trust (NYSE: DLR), a data center real estate investment trust (REIT), rose 15.7% (or 16.6% if we include dividends) in March, according to data from S&P Global Market
Zoom Has Gotten Ahead of Itself
The COVID-19 pandemic has created insane surges in usage for a wide range of communications platforms. Zoom Video Communications (NASDAQ: ZM) has emerged as a poster child for videoconferencing as
Why Hilton Worldwide Stock Lost 30% in March
Hilton Worldwide (NYSE: HLT) stock underperformed the market by a wide margin last month. Shares fell 30% compared to a 12.5% decline in the S&P 500, according to data provided by S&P Global Market
ExxonMobil Slashes Capex 30% in Light of COVID-19 Impact
ExxonMobil (NYSE: XOM) just became the latest oil company to slash its spending amid crashing crude prices. The energy giant on Tuesday announced it would be reducing its 2020 capital budget by 30%
Calvin Klein, Tommy Hilfiger Owner May 'Pack and Hold' Inventory Until Next Spring
It makes very little sense to fill closed stores with inventory. That's why PVH Corp. (NYSE: PVH), the parent company of Calvin Klein and Tommy Hilfiger, says it may "pack and hold" some of its
Why Marathon Petroleum Stock Cratered 50% in March
Shares of Marathon Petroleum (NYSE: MPC) tumbled 50.2% in March, according to data provided by S&P Global Market Intelligence. A variety of factors weighed on the oil refiner, including cratering
Why Shares of These Top Oil Companies Fell More Than 20% in March
Shares of integrated oil majors ExxonMobil (NYSE: XOM), Royal Dutch Shell (NYSE: RDS.A)(NYSE: RDS.B), and BP (NYSE: BP) lost more than 20% of their value in March, according to data provided by S&P
Why Match Group Stock Gained 2% in March
Match Group (NASDAQ: MTCH) stock outperformed a weak market last month as shares rose slightly compared to a 12.5% decline in the S&P 500, according to data provided by S&P Global Market
Wayfair Suddenly Looks Like a Surprise Winner in the Coronavirus Economy. Is It a Buy?
Wayfair (NYSE: W) shares surged on Monday. The online home goods seller had been one of the biggest losers in the coronavirus sell-off, with the stock down more than 60% at one point. However, the
Why Visa Stock Lost 11% in March
Visa (NYSE: V) stock modestly outperformed a weak market last month by dropping 11% compared to a 12.5% decline in the S&P 500, according to data provided by S&P Global Market Intelligence.
That
People Are Still Drinking Massive Quantities of Hard Seltzer During Coronavirus Pandemic
The incredible popularity of hard seltzer has not abated one bit during the coronavirus pandemic as data from Nielsen indicates sales of the flavored malt beverage continues to grow at triple-digit
Amazon's Delaying Prime Day, and It'll Cost It $100 Million
Amazon (NASDAQ: AMZN) is having a hard time keeping up with demand these days. It's hired 80,000 new workers in the last few weeks, with plans to hire 20,000 more. It's seeing increased demand for
This Top-Tier Utility Stock Is Considering an Acquisition Binge
NextEra Energy (NYSE: NEE) has a long history of making acquisitions that move the needle for shareholders. In 2016, for example, the company bought several assets from fellow utility Southern
Lowe’s Will Close All Stores, Distribution Centers on Easter Sunday
Lowe's (NYSE: LOW) employees are getting a hard-earned break. The home improvement retailer announced Tuesday that it will close all its stores and distribution centers on Sunday, April 12, in
3 Ways to Recession-Proof Your Retirement Savings
The coronavirus pandemic has taken a toll on the U.S. economy, with the Dow experiencing its worst first quarter in history by dropping more than 23%. You've likely watched your own retirement
2 Tech Companies That Could Benefit From This Accounting Change
The organizations that determine accounting standards -- the Financial Accounting Standards Board (FASB) in the U.S. and the International Accounting Standards Board (IASB) abroad -- are weighing
Kroger Follows Walmart, Target in Limiting Amount of Customers in Stores
The retailers and grocery chains that have remained open amid the coronavirus pandemic have struggled with how to operate. Safe operation requires social distancing and taking sensible actions to
3 Top Growth Stocks to Buy in April
Growth stocks can help you build tremendous wealth in the stock market. Even during the current coronavirus-driven bear market, there are companies that can help you double, triple, and even
401(k) Loan Limits Have Doubled -- but That's Not Necessarily a Good Thing
The COVID-19 crisis is wreaking financial havoc on millions of Americans, and so in late March, President Trump implemented the CARES (Coronavirus Aid, Relief, and Economic Security) Act to provide
Why Shares of These 3 Pipeline Companies Plummeted More Than 70% in March
In March, units of midstream pipeline master limited partnerships DCP Midstream (NYSE: DCP) and Noble Midstream Partners (NYSE: NBLX) fell by 73.9% and 77.2%, respectively, while shares of
Does Canopy Growth Have a Game-Changer? Constellation Brands Thinks So.
Most of the biggest milestones in the Canadian cannabis industry have been the result of government action. But there's one notable exception -- Constellation Brands' (NYSE: STZ) huge investment in
3 Dividend-Paying Tech Stocks to Buy in April
Because of the measures being taken to fight against the spread of the coronavirus pandemic, more than 10 million Americans have applied for their initial unemployment benefits in the past two
Is iRobot Stock a Buy?
iRobot (NASDAQ: IRBT) is best known for consumer robots, such as the Roomba vacuum cleaner and the Braava floor mopper. It has sold over 30 million units since its founding, and its growing revenue