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Stitch Fix Shares Slump as CEO Steps Down
Stitch Fix (NASDAQ: SFIX) dropped a bombshell on Tuesday, announcing after the market close that founder and CEO Katrina Lake is stepping down. Lake will transition to the role of executive chairman
How Close Is Wells Fargo to Exiting Its Asset Cap?
With Wells Fargo's (NYSE: WFC) stock up about 32% this year and its first-quarter earnings report coming Wednesday morning, it's a good time to revisit the asset cap the bank is operating under
Why Novocure Stock Skyrocketed Today
Shares of Novocure (NASDAQ: NVCR) soared nearly 50% on Tuesday after the oncology company provided an update on a phase 3 trial of its experimental lung cancer treatment.
An independent data
Roblox Stock Surges to Record High on New Partnership
Shares of Roblox (NYSE: RBLX) surged to a new all-time high Tuesday when the company announced a partnership with Hasbro (NASDAQ: HAS), which said it will create a line of toys and games based on
Why Tomorrow Will Be a Day of Reckoning for the Stock Market
Tuesday was a generally upbeat day on Wall Street, although the Dow Jones Industrial Average (DJINDICES: ^DJI) failed to keep up with its broader index peers. The S&P 500 (SNPINDEX: ^GSPC) hit new
Microsoft to Acquire Nuance Communications for $19.7 Billion: What You Should Know
Microsoft (NASDAQ: MSFT) announced this week an agreement to acquire Nuance Communications (NASDAQ: NUAN) for $56 per share in cash. Taking into account Nuance's debt, the deal represents an
Why Roblox Stock Soared Today
Shares of Roblox (NYSE: RBLX) headed higher on Tuesday, closing the day up 9.4% after toymaker Hasbro (NASDAQ: HAS) announced that it will partner with the internet gaming hub company "to bring
Levi Strauss Raises Its Dividend and Targets a Full Rebound
Investors had some high expectations heading into Levi Strauss' (NYSE: LEVI) first-quarter earnings report. While the denim apparel specialist is still navigating pandemic pressures on its business
American Defers 37 Boeing Jets as Post-Pandemic Recovery Continues
American Airlines Group (NASDAQ: AAL) has worked out a revised delivery schedule with Boeing (NYSE: BA), deferring 37 jets as it seeks to ride out a drop in travel demand due to the pandemic.
Why Rigel Pharmaceuticals Stock Jumped Today
Shares of Rigel Pharmaceuticals (NASDAQ: RIGL) shot higher on Tuesday after the biotech announced positive topline data from a phase 2 clinical trial for fostamatinib as a treatment for hospitalized
Here's Why MicroStrategy Stock Soared Today
Shares of MicroStrategy (NASDAQ: MSTR) soared today, likely because the price of Bitcoin (CRYPTO: BTC) is also soaring. MicroStrategy owns quite a few Bitcoins, so it benefits when the price is
Why Cloudflare Stock Jumped Today
Shares of Cloudflare (NYSE: NET) spiked today after the company announced that it's partnering with graphics processing unit (GPU) maker NVIDIA.
The tech stock was up by 12.7% as of 3:36 p.m. EDT.
Why Tesla Stock Soared Higher on Tuesday
Shares of electric car and green energy company Tesla (NASDAQ: TSLA) soared on Tuesday. As of 3:42 p.m. EDT, the stock was up by about 7.8%
The stock was likely trading higher due to a combination
Why Emergent BioSolutions Stock Fell Today
Shares of Emergent BioSolutions (NYSE: EBS) were trading 3.8% lower as of 3:01 p.m. EDT on Tuesday. The decline came after the U.S. Centers for Disease Control and Prevention (CDC) and the Food and
Why AST SpaceMobile Stock Dropped 10% More Today
Shares of space stock AST SpaceMobile (Nasdaq: ASTS), which went public in a SPAC-sponsored reverse merger last week, have declined more or less steadily ever since that event took place. They're
Why Fortress Biotech Stock Is Sinking Today
Shares of biopharmaceutical company Fortress Biotech (NASDAQ: FBIO) are dropping sharply on Tuesday after the company announced a regulatory update regarding one of its subsidiaries, Avenue
Why Airline Shares Are Down Today
Airline stocks were in the red on Tuesday after some disappointing news about the Johnson & Johnson COVID-19 vaccine. The update shouldn't be enough to stall the much-anticipated reopening this
Analyst: Amazon Still Has a 70% Upside Potential Over Three Years
Despite its stock value having climbed more than 65% over the past year, online retail and tech titan Amazon (NASDAQ: AMZN) still has a gigantic growth spurt coming, one major analyst claims. Brent
Why Bad COVID-19 News Didn't Stop the Nasdaq From Rising Tuesday
Tuesday was a mixed day for the stock market, but the Nasdaq Composite (NASDAQINDEX: ^IXIC) came out on top by midafternoon. The Nasdaq was up two-thirds of a percent as of 1:30 p.m. EDT today even
Why Zoom Video Stock Jumped Today
Shares of Zoom Video Communications (NASDAQ: ZM) were up today on news that the Food and Drug Administration and the U.S. Centers for Disease Control and Prevention were recommending that the use of
Why Okta Stock Is Rising Today
Shares of Okta (NASDAQ: OKTA) were climbing today after health officials in the U.S. recommended that use of the Johnson & Johnson coronavirus vaccine be paused until more information about
Why Two Hedge Fund Giants Are Fighting Over Box Stock
Share prices of Box (NYSE: BOX) were down around 10% last week after it announced a new funding round from investment firm KKR (NYSE: KKR). The $500 million investment was likely a counterpunch to
Why Lucira Health Stock Is Plunging Today
After rising sharply on Monday, shares of medical technology company Lucira Health (NASDAQ: LHDX) are going in the opposite direction on Tuesday. The company's stock dropped by as much as 22.6%
Tractor Supply to Increase Its Partner Carhartt's Presence by 900%
After experimenting with Carhartt branded "store-in-store" areas in 10 retail locations, rural lifestyle company Tractor Supply (NASDAQ: TSCO) announced this morning it is adding 100 more locations
Citron Research Goes Negative Again, Saying Riot Blockchain Is Worth Just $2
Shares of Riot Blockchain (NASDAQ: RIOT) continued to climb a day after it provided investors with a Bitcoin (CRYPTO: BTC) mining update, with the stock up over $55 per share. But


