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Why Magna International Stock Moved Up 9% TodayPhoto, wide shot, wide-angle lens, soft focus,  Car rental company, sunset photo at golden hour, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-Ew7cRec38UnlyYzs41FVEri5.png?st=2023-12-29T14%3A03%3A41Z&se=2023-12-29T16%3A03%3A41Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-12-29T15%3A03%3A25Z&ske=2023-12-30T15%3A03%3A25Z&sks=b&skv=2021-08-06&sig=vZPI3wL5I%2BC5Zknik6hYtwmYdTdsE1ct/DM1evRA8EI%3D
Why Magna International Stock Moved Up 9% Today

Shares of Magna International (NYSE: MGA), supplier to almost 60 automotive original equipment manufacturers (OEMs), jumped 9% today after announcing a joint venture for vehicle electrification. The

Pfizer and BioNTech to Supply Feds With 100 Million Additional Doses of Coronavirus Vaccine: https://investors.biontech.de/media-materials
Pfizer and BioNTech to Supply Feds With 100 Million Additional Doses of Coronavirus Vaccine

Still reeling from the coronavirus, the U.S. government has opted to double its take-up of Pfizer (NYSE: PFE) and BioNTech's (NASDAQ: BNTX) coronavirus vaccine. Both companies announced Wednesday

Here's Why Wells Fargo Was Rising on Wednesday
Here's Why Wells Fargo Was Rising on Wednesday

The S&P 500 rose modestly on Wednesday, with the index up by about 0.5% as of 3:30 p.m. EST. And the financial sector was one of the top performing areas of the market, with the SPDR Financial

PayPal Waiving Fees for Upcoming Stimulus Checks
PayPal Waiving Fees for Upcoming Stimulus Checks

PayPal Holdings (NASDAQ: PYPL) is giving its clients a break for the holidays. The company announced that it will charge no check-cashing fees for the stimulus checks that will (hopefully) be sent

KFC Mixes Chicken and Pixels With Its New Gaming PCPhoto, wide shot, wide-angle lens,  Home appliance manufacturer, neutral atmosphere, photo by Joe Cornish: https://img.theapi.app/temp/fb3845ac-e3c6-43ef-86c1-b57ed8c272c4.png
KFC Mixes Chicken and Pixels With Its New Gaming PC

KFC, the famous fried chicken subsidiary of Yum! Brands (NYSE: YUM) and runner-up for world's biggest restaurant chain by sales, is apparently moving ahead with its plan to release the KFConsole, a

Jumia Stock: 1 Big Red Flag to Watch
Jumia Stock: 1 Big Red Flag to Watch

The market doesn't seem to know what to make of Jumia Technologies (NYSE: JMIA).

Shares of the African e-commerce company debuted last year and surged out of the gate, reaching nearly $50 a share

Why MongoDB, Blink Charging, Ampio Pharmaceuticals, and Denali Therapeutics Stocks Tanked TodayPhoto, wide shot, wide-angle lens,  Biotech company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/80e18bfd-1ff8-4487-af62-1cdb7de1ceb6.png
Why MongoDB, Blink Charging, Ampio Pharmaceuticals, and Denali Therapeutics Stocks Tanked Today

A funny thing happened on the way to the Christmas holidays and the end of the final quarter of 2020. All of a sudden, out of the blue, shares of multiple unrelated stocks began to sell off.

As the

Why Triterras Stock Soared Today
Why Triterras Stock Soared Today

Shares of Triterras (NASDAQ: TRIT) have soared today, up by 16% as of 3 p.m. EST, after the company received a vote of confidence from Wall Street. Oppenheimer reiterated an outperform (equivalent

Why DermTech Stock Soared Today
Why DermTech Stock Soared Today

Shares of DermTech (NASDAQ: DMTK) were soaring 15% higher as of 3:09 p.m. EST on Wednesday after rising as much as 32.6% earlier in the day. The stock shot higher so quickly that trading of its

Why Wanda Sports Stock Jumped Today
Why Wanda Sports Stock Jumped Today

Shares of Wanda Sports (NASDAQ: WSG) jumped today, up by 11% as of 2:15 p.m. EST, after the company said it plans to delist from the Nasdaq but was launching a tender offer to buy out its American

Why ReneSola Stock Got Crushed Today
Why ReneSola Stock Got Crushed Today

Shares of ReneSola (NYSE: SOL) were crushed today, down by 19% as of 1:45 p.m. EST after the company announced  a stock offering. Separately, the company also announced  an agreement to sell solar

Why Supernus Pharmaceuticals Stock Is Rising TodayPhoto, wide shot, wide-angle lens,  Clinical research organization, sunset photo at golden hour, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/02f7778c-d723-4fb3-bdef-fabb7e5fc9c8.png
Why Supernus Pharmaceuticals Stock Is Rising Today

Shares of Supernus Pharmaceuticals (NASDAQ: SUPN) are up by 16.7% as of 2:18 p.m. EST on Wednesday after rising by as much as 22.4% earlier today. Investors are bidding up shares of the

Why Shares of Fly Leasing Are Soaring Higher Today
Why Shares of Fly Leasing Are Soaring Higher Today

Shares of Fly Leasing (NYSE: FLY) climbed more than 25% on Wednesday following a report saying the company is considering a sale. It has been a tough year for Fly and other aircraft leasing

Overstock.com Seeks Expansion Into Physical RetailPhoto, wide shot, wide-angle lens,  Clothing manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/7d69264d-49b2-466c-9987-b2706836d522.png
Overstock.com Seeks Expansion Into Physical Retail

Many physical retailers are looking to stretch the legs of their e-commerce divisions to maintain sales in the era of COVID-19 and the "retail apocalypse." But internet furniture and home

Why Luminar Stock Tanked Today
Why Luminar Stock Tanked Today

Shares of Luminar (NASDAQ: LAZR) tanked as much as 12% today after getting a lukewarm initiation from Wall Street. Baird kicked off coverage on Luminar with a neutral rating and $30 price target

Why GameStop Is Jumping 10% Higher TodayPhoto, wide shot, wide-angle lens,  Clothing manufacturer, neutral atmosphere, photo by Galina Stepanova: https://img.theapi.app/temp/4c710447-f68a-47bc-a682-c2d83e801596.png
Why GameStop Is Jumping 10% Higher Today

Shares of GameStop (NYSE: GME) were jumping 9.5% higher in midday trading Wednesday after the video game retailer was added to a "best ideas" list by a retail analyst at Hedgeye.

GameStop is in

Why fuboTV Stock Plunged Today
Why fuboTV Stock Plunged Today

Shares of fuboTV (NYSE: FUBO) plunged as much as 15% today after getting a downgrade from Wall Street. BMO Capital dropped its rating from outperform to market perform while adjusting its price

Why Lordstown Motors Stock Rose 14% Today
Why Lordstown Motors Stock Rose 14% Today

Shares of electric-truck maker Lordstown Motors (NASDAQ: RIDE) had jumped 14% as of 12:45 p.m. EST today, on the heels of a second analyst upgrade in two weeks, and a filing showing an increase in

Why Magnite Stock Is Up Sharply Again Today
Why Magnite Stock Is Up Sharply Again Today

Shares of Magnite (NASDAQ: MGNI), the world's largest independent sell-side ad tech platform, are rising sharply again on Wednesday, extending a strong run-up in the stock price over the past week

Better Buy: Veeva Systems vs. ZendeskPhoto, wide shot, wide-angle lens,  Consumer electronics manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.theapi.app/temp/d8a4268f-c982-4aa8-a09e-f9ee1db62f57.png
Better Buy: Veeva Systems vs. Zendesk

Back in June, I compared Veeva Systems (NYSE: VEEV) and Zendesk (NYSE: ZEN). Both cloud service companies remained resilient throughout the COVID-19 crisis, but I believed Veeva's wider moat, better

Why Zoom Video Communications Stock Pulled Back Today
Why Zoom Video Communications Stock Pulled Back Today

Shares of Zoom Video Communications (NASDAQ: ZM) pulled back on Wednesday along with some other popular work-from-home stocks. These enjoyed a good run in early 2020 due to unprecedented growth, but

Is Live Nation Stock a Buy?
Is Live Nation Stock a Buy?

Few companies have been hit harder by the pandemic than Live Nation Entertainment (NYSE: LYV). As a concert promoter, the company been forced to suspend the vast majority of its schedule, and delays

Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Stocks Recovered Today
Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Stocks Recovered Today

Disheartened by Congress' failure to include support for the beleaguered cruise industry in its $900 billion stimulus bill passed Monday, investors sold off shares of all three major publicly traded

Will Peloton's New Pricing Strategy Work?
Will Peloton's New Pricing Strategy Work?

Peloton (NASDAQ: PTON) stock has had quite the run in 2020. Shares are up over 460% year to date, the company was just added to the Nasdaq 100, and revenue has grown in the triple-digits the last

FuelCell Flies, Nikola Hits Nadir as Nasdaq Lags
FuelCell Flies, Nikola Hits Nadir as Nasdaq Lags

Investors have been extremely pleased with the way the Nasdaq Composite (NASDAQINDEX: ^IXIC) has moved higher recently, outpacing many other major market benchmarks. However, even the high-flying