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Why Infinera Stock Dropped Today
Shares of Infinera (NASDAQ: INFN) have dropped today, down by 10% as of 12:30 p.m. EDT, amid a broad market sell-off over novel coronavirus fears and a precipitous plunge in oil prices. Investors
Thor's Margins and Backlog Improve; Management Updates Investors on Coronavirus Impact
As recreational vehicle (RV) dealers' inventories continue to normalize, Thor Industries (NYSE: THO) is seeing a return to profitable growth. The manufacturer issued its fiscal second-quarter 2020
Coronavirus Concerns Have Big Pharma Working From Home
Over the past few days, health officials in Cambridge, Massachusetts, reported on a cluster of 26 cases of COVID-19 that were traced to a Biogen (NASDAQ: BIIB) internal strategy meeting held in late
Judge Says Court Will Likely Side With Amazon Over Microsoft In JEDI Dispute
Court documents unsealed on Friday explained the reasoning behind a judge's decision ordering Microsoft (NASDAQ: MSFT) to halt work on the $10 billion cloud computing contract for the Pentagon known
Offshore Oil Stocks Get Hammered by Oil Price Rout
Shares of just about every oil and gas stock are down more than 10% today after an emergency OPEC meeting ended in an impasse over the weekend. The result is that Saudi Arabia and Russia will no
Here's Why Iovance Biotherapeutics Jumped 51.3% in February
Shares of Iovance Biotherapeutics (NASDAQ: IOVA) jumped over 51% last month, according to data provided by S&P Global Market Intelligence. While investors were dealing with the broader market
Another Consumer Goods Company Is Getting Into the Cannabis Industry
Cannabidiol (CBD) is rising in popularity as people learn about its potential health benefits, which range from relaxation, pain relief, and fighting inflammation to treating people with epilepsy
Why Shares of Boot Barn Holdings Are Crashing Today
Shares of western-wear retailer Boot Barn Holdings (NYSE: BOOT) were down sharply on Monday as a severe drop in oil prices and fears surrounding a growing virus outbreak drove a broad-based market
Twitter Inks Agreement With Activist Investor and Silver Lake
Today, social media giant Twitter (NYSE: TWTR) announced that it has entered into an agreement with tech investor Silver Lake that will have the latter invest $1 billion in Twitter.
Twitter also
Why II-VI Stock Plunged Today
Shares of II-VI (NASDAQ: IIVI) have plunged today, down by 12% as of noon EDT, after broader markets tanked due to ongoing fears around the novel coronavirus outbreak. The COVID-19 respiratory
What's Driving Tractor Supply 13% Lower Monday?
Shares of Tractor Supply Company (NASDAQ: TSCO), a large rural lifestyle retailer in the U.S. with over 2,000 stores in 49 states, are down nearly 13% Monday morning as the broader markets plunged
Why Shares of Textron Are Falling Today
Shares of Textron (NYSE: TXT) fell more than 13% on Monday, dropping to a multiyear low, as part of the broader COVID-19 coronavirus-related market sell-off. Textron shares survived the late-January
Why Oil Stocks Are Crashing Today
The bottom fell out of the oil market on Monday. At one point in overnight trading, crude oil prices were down more than 30%. They've recovered somewhat, with WTI, the U.S. oil benchmark, down more
4 Tough Tasks for Western Digital’s New CEO
Western Digital (NASDAQ: WDC) recently named David Goeckeler, the head of Cisco's (NASDAQ: CSCO) networking and security business, as its new CEO. Goeckler will succeed Steve Milligan, who led the
Why Tesla Stock Fell 14% on Monday
Shares of Tesla (NASDAQ: TSLA) were slammed on Monday, falling as much as 14%. As of 11:42 a.m. EDT, the stock was down about 10%.
The electric-car maker's stock's decline came as the overall market
Infineon’s Planned Takeover of Cypress Semiconductor Is in Serious Trouble
Last June, German chipmaker Infineon (OTC: IFNNY) agreed to buy American chipmaker Cypress Semiconductor (NASDAQ: CY) for 9 billion euros ($10.3 billion). Cypress' stock, which previously traded in
Why Stitch Fix Stock Was Falling Today
Shares of personalized online styling service Stitch Fix (NASDAQ: SFIX) took a dive today as part of the broad market crash. Though there was no specific news out on the company, Stitch Fix is
Why Clovis Oncology Stock Is Tanking Today
Shares of Clovis Oncology (NASDAQ: CLVS) are under enormous pressure this morning. The biotech's stock was down by 11% as of 11:25 a.m. EDT.
What's behind this latest weakness? Clovis' shares are
Here's Why Guardant Health Dropped Today
The roller coaster for Guardant Health (NASDAQ: GH) continues, with shares down 10.1% to $70.22 at 11:45 a.m. EDT today. Since closing at $84.29 the day before earnings a couple of weeks ago, shares
Google and AT&T Ink 5G Partnership
Aiming to capitalize on the speedier wireless connections 5G networks provide, Alphabet's Google (NASDAQ: GOOG) (NASDAQ: GOOGL) is partnering with AT&T (NYSE: T) to deliver 5G services to business
Why Slack Technologies Stock Gained 30% Last Month
Shares of Slack Technologies (NYSE: WORK) rose 30.3% in February 2020, according to data from S&P Global Market Intelligence. The surge hinged on two big moves: one clear-cut 11% jump based on a
Here's Why Axsome Therapeutics Fell 10.2% in February
Shares of Axsome Therapeutics (NASDAQ: AXSM) fell over 10% last month, according to data provided by S&P Global Market Intelligence. The broader markets were down as investors considered the
Why More and More TV Makers Are Adopting Roku TV
Roku's (NASDAQ: ROKU) smart TV platform, Roku TV, has been a standout success. In the five years since launching the platform in the U.S., Roku has grabbed a considerable share of the smart TV
Why Yandex Stock Slumped Today
Shares of Yandex (NASDAQ: YNDX) were down on Monday amid a broad stock market sell-off. There was no company-specific news from the Russian internet company, but the stock was down 14% at 11:25 a.m



