Blog
Why Avis and Hertz Stocks Jumped Wednesday
Shares of Avis Budget Group (NASDAQ: CAR) and bankrupt rival Hertz (NYSE: HTZ) jumped 11% and 8%, respectively, on Wednesday after news that Melvin Capital Management had opened up a position in
Costco Reports Double-Digit June Sales Growth, Led by E-Commerce
Costco (NASDAQ: COST) has continued accelerating its sales rebound since comparable-store sales dipped in April during the height of the COVID-19 U.S. stay-at-home orders and store closures. The
Grupo Televisa, S.A.B (TV) Q2 2020 Earnings Call Transcript
Image source: The Motley Fool.
Grupo Televisa, S.A.B (NYSE: TV)Q2 2020 Earnings CallJul 8, 2020, 10:00 a.m. ET
Operator
Source Fool.com
S&P 500 Bounces Back: Cruise Lines, Kohl's, Homebuilders Rally, but Citi Calls for 9% Decline by Year-End
The S&P 500 (SNPINDEX: ^GSPC) moved back up on Wednesday following Tuesday's 34-point sell-off that broke a five-day streak of gains. Today, the S&P gained 24.6 points, up almost 0.8%.
Kohl's (NYSE:
Here's Why Lemonade Stock Fell Hard on Wednesday
Shares of insurance company Lemonade (NYSE: LMND) fell a painful 13% on Wednesday after less than one week on the public markets. What could have possibly happened to crash this stock?
In fact
Why CVS Health Lost 13% in the First Half of the Year
You might think that a healthcare leader like CVS Health (NYSE: CVS) would have been poised to outperform during the COVID-19 pandemic, but that has not been the case so far. Shares of the nation's
Why Novavax Stock Slumped Today
On Wednesday, Novavax (NASDAQ: NVAX) took a bit of a breather from its impressive run on the stock market year to date. The company's shares dropped by 6% today despite Novavax not reporting any
Here's How Atlassian Stock Gained 50% in the First Half of 2020
Shares of Atlassian (NASDAQ: TEAM) rose 49.8% in the first half of 2020, according to data from S&P Global Market Intelligence. The provider of cloud-based project management tools is thriving due
Why Gilat Satellite Networks Stock Dropped 14% Today
Shares of Gilat Satellite Networks (NASDAQ: GILT), a manufacturer of communications equipment -- specifically, satellite ground stations and related equipment -- saw its stock pummeled in Wednesday
Energy Transfer Refuses to Shut Down Dakota Access Pipeline Despite Judge's Order
Oil infrastructure giant Energy Transfer (NYSE: ET), which operates the controversial Dakota Access Pipeline, is vowing not to shut down the major crude artery in spite of a court order.
On Monday
Here's Why Retractable Technologies Is Skyrocketing 22% Today
Retractable Technologies (NYSEMKT: RVP) shares are soaring 22% at 3:55 pm EST on Wednesday after announcing $53.6 million in U.S. government funding to increase syringe and needle manufacturing
Why Taylor Morrison Home Corporation Stock Popped Higher on Wednesday
Shares of home builder Taylor Morrison Home Corporation (NYSE: TMHC) popped higher on Wednesday after the company reported June was its best month ever. The company also announced a favorable new
Stock Markets Rebound Wednesday as Slack, Zoom Vie for Workplace Collaboration Supremacy
The stock market rebounded on Wednesday, fighting back against coronavirus fears and instead focusing on the potential for economic recovery across the globe. The Dow Jones Industrial Average and
Here's Why Elanco Animal Health Fell 27.2% in the First Half of 2020
Shares of Elanco Animal Health (NYSE: ELAN) tumbled more than 27% in the first six months of the year, according to data provided by S&P Global Market Intelligence. That was significantly worse than
Why Levi Strauss Tumbled Almost 10% Today
Shares of Levi Strauss (NYSE: LEVI) tumbled 9% on Wednesday after the company reported second-quarter results that beat analyst expectations on the top line but missed the consensus forecast by
Why Biogen Stock Jumped Today
Shares of Biogen (NASDAQ: BIIB) were jumping 4.3% higher as of 3:42 p.m. EDT on Wednesday after rising as much as 9.9% earlier in the day. The gain came after the biotech announced that it had
Biogen Shares Spike on Alzheimer's Update
The first new drug application for an experimental therapy meant to prevent Alzheimer's disease from worsening finally reached regulators on Wednesday. Biogen (NASDAQ: BIIB) has finally submitted a
Biogen Lifts Nasdaq to Near-Record; JD.com Leads China Internet Stocks Higher
The stock market has gotten back some of its turbulence, but the Nasdaq Composite (NASDAQINDEX: ^IXIC) has maintained its leadership role. Even as other major market benchmarks struggled to stay in
Here's Why Beyond Meat Soared 77.2% in the First Half of 2020
Shares of Beyond Meat (NASDAQ: BYND) rose over 77% in the first six months of the year, according to data provided by S&P Global Market Intelligence. That easily bested the 4% decline of the S&P 500
Why Shares of Synopsys Gained 40.1% During the First Half of 2020
Shares of semiconductor software company Synopsys (NASDAQ: SNPS) rose 40.1% in the first half of the year, according to data from S&P Global Market Intelligence. Synopsys serves technology
Why Tortoise Acquisition Stock Was Higher Today
Shares of special purpose acquisition company Tortoise Acquisition (NYSE: SHLL) were trading higher on Wednesday as intense investor interest in the company's pending deal to merge with electric
Bank of America Only Big Bank Participating in Main Street Lending
The Boston Federal Reserve released its initial list of banks that will be participating in the Federal Reserve's Main Street Lending Program, and only one mega bank was on the list -- Bank of
The Simply Good Foods Company (SMPL) Q3 2020 Earnings Call Transcript
Image source: The Motley Fool.
The Simply Good Foods Company (NASDAQ: SMPL)Q3 2020 Earnings CallJul 8, 2020, 8:30 a.m. ET
Operator
Source Fool.com
Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Stocks All Just Popped
Cruise shares are rocking again in midafternoon trading, with Norwegian Cruise Line Holdings (NYSE: NCLH) stock up 4.1%, and both Royal Caribbean (NYSE: RCL) and Carnival Corporation (NYSE: CCL)
Moderna Completes Enrollment in Phase 2 COVID-19 Vaccine Study; Phase 3 Start on Track
Moderna (NASDAQ: MRNA) is one step closer to getting its COVID-19 vaccine, mRNA-1273, on the market. The biotech completed enrollment of 300 older adults, 55 years and older, in a phase 2 clinical