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Why HEXO Stock Jumped 10.7% Today
Shares of HEXO (NYSE: HEXO) (TSX: HEXO) closed 10.7% higher on Friday. The Canadian cannabis stock received a nice boost from MKM Partners analyst Bill Kirk, who initiated a buy recommendation with
What Happened in the Stock Market Today
Major benchmarks fell Friday on fears that the U.S. and China are not moving closer to a trade deal. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) were in
4 Reasons You Should Reject a Mini-Tender Offer for Altria
Altria (NYSE: MO) is taking fire from all sides as its bet on electronic cigarette maker Juul Labs looks to be going sideways. Shares of the tobacco giant have plunged 20% over the past month as the
California Resources' Stock Rallies on Management's Statements
Shares of independent oil and gas company California Resources Corporation (NYSE: CRC) are up 11% as of 3:45 p.m. EDT today and were up as high as 22.8%. The stock moves came after management issued
Is Roku Stock Overvalued?
Shares of Roku (NASDAQ: ROKU) were slammed on Friday. At the close of trading, the stock was down about 19%. Roku's decline comes after Pivotal Research analyst Jeffrey Wlodarzak initiated coverage
Why Netflix, Roku, and PG&E Slumped Today
Wall Street finished the week on a down note, with major benchmarks losing ground on Friday. Following a period of optimism that took markets close to new highs, the trade-tension pendulum seemed to
Why Fitbit Stock Popped Today
Shares of Fitbit (NYSE: FIT) climbed as much as 23% on Friday before closing up 11.9% after Reuters reported that the maker of wearable fitness devices is considering a sale.
Citing "people familiar
Why McDermott International, Scholastic, and California Resources Jumped Today
Friday saw modest losses for the stock market, largely in response to some troubling news on the trade front between the U.S. and China. Chinese trade officials canceled a planned visit to Montana
Can an Ex-Amazon FedEx Be Successful?
If its fiscal first-quarter report is any indication, Federal Express (NYSE: FDX) may have a difficult time reinventing itself in a brave new post-Amazon.com (NASDAQ: AMZN) world. Last week, FedEx
WeWork Just Shelved its IPO -- What This Means for Other Softbank Investments
The We Company (more commonly known as WeWork) recently made a decision to delay its IPO due to a lack of investor interest. This has resulted in a 78% drop in WeWork's private valuation in the past
Eventbrite Stock Has a Rough Rookie Year
Friday is the one-year anniversary of Eventbrite's (NYSE: EB) IPO, and like many of the events that the online ticketing specialist helps book, there have been highs and lows. Eventbrite went public
3 Stocks to Buy With Dividends Yielding More Than 3%
Not every high-yield stock is worth owning, a fact that income-focused investors often learn the hard way, via a dividend cut, when they first start their investing journey. You have to balance a
3 Reasons Why Square Will Bounce Back
Square's (NYSE: SQ) shareholders have endured a barrage of bad news in recent weeks. Even putting aside geo-political risks that keep threatening equity markets, the firm lowered its guidance for
1 Analyst Thinks Roku Stock Could Fall 50%
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one
Drones Are Finally Coming to Retail Delivery
Unmanned flying vehicles, better known as drones, have been a technology on the cusp of being used for retail delivery for a number of years. Amazon has tested them, and Chipotle used them to
Two Fast-Growing Stocks Less Than $10
There is nothing more exciting than finding a stock that has been mispriced by the market. The vast majority of cheap companies are cheap for a reason. Occasionally, however, you will be surprised
What the UAW Strike Means for GM
After months of mutually unacceptable negotiations, UAW launched a strike against GM (NYSE: GM). Most auto strikes are resolved in a few days, but this one shows no signs of stopping.
In this week's
3 Reasons New T-Mobile Can Succeed Despite Its Merger Concessions
T-Mobile (NASDAQ: TMUS) and Sprint (NYSE: S) had to give up quite a bit to gain merger approval from the Federal Communications Commission and the Department of Justice. The merger is still facing
Why Steelcase Shares Are Soaring Today
Shares of Steelcase (NYSE: SCS) jumped 10% on Friday after the office furniture maker reported quarterly results that came in ahead of expectations. The results marked a reversal after Steelcase
Why J.C. Penney Shares Were Rising Today
Shares of J.C. Penney (NYSE: JCP) were surging Friday on news that the department-store chain was planning to hold talks with creditors ahead of the holiday season. The market unsurprisingly saw the
Stock Market News Today: Sept. 20, 2019
The stock market was a mixed bag on Friday afternoon. There wasn't any specific news pushing the major indices up or down, but investors remained concerned about trade relations and a possible
Why General Mills Is Going to the Dogs in a Good Way
When most of us think of General Mills (NYSE: GIS), we think cereals -- from Cheerios to Lucky Charms, it's one of the two powerhouses that dominate that supermarket aisle. But sales of those
FDA's E-Cig Flavor Ban Could Cost Juul Billions
In a bid to curb teen use of electronic cigarettes, the Food and Drug Administration is moving to ban the sale of all e-cig flavors from the market, including menthol and mint, allowing only tobacco
Why the Market Had a Bone to Pick With Chewy's Earnings Report
Chewy (NYSE: CHWY) delivered its first earnings report as a public company Wednesday, and given that it featured a smaller-than-expected adjusted loss along with a guidance boost, one might have
What FedEx's Worst Day in a Decade Says About the Big Picture
FedEx's (NYSE: FDX) operations are deeply entwined with much of the U.S. economy, which is why its performance is viewed as a bellwether by investors. Well, if it really is the proverbial canary in


