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Recreational Pot Sales in Bellwether States Tumble After a COVID-19 Buying Peak
Recreational Pot Sales in Bellwether States Tumble After a COVID-19 Buying Peak

A brief surge in recreational marijuana sales seems to be falling off sharply. Data compiled by consultancy firm Headset and reported by Marijuana Business Daily indicates that sales in the category

Why AMC Entertainment Stock Plunged 50% in March
Why AMC Entertainment Stock Plunged 50% in March

Like much of the consumer discretionary sector, shares of AMC Entertainment (NYSE: AMC) fell off a cliff last month as the coronavirus spread across the country, forcing the closure of movie

3 Luxury Retail Stocks Got Crushed by Today's NewsPhoto, wide shot, wide-angle lens,  Grocery store, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/9a6c3fc6-53ff-4c6e-848b-263660ac3eb0.png
3 Luxury Retail Stocks Got Crushed by Today's News

Shares of high-end retailers Nordstrom (NYSE: JWN), Tapestry (NYSE: TPR), and Williams-Sonoma (NYSE: WSM) fell sharply along with many other stocks on April 1. A strong rally over the past week came

Interactive Brokers' Trading Volume More Than Doubles Year Over Year
Interactive Brokers' Trading Volume More Than Doubles Year Over Year

In times of economic uncertainty, securities brokers often see a spike in their business as anxious investors ramp up their trading activity. This seems to be the case with Interactive Brokers Group

Report: AMC Entertainment Creditors Hire Restructuring Lawyers
Report: AMC Entertainment Creditors Hire Restructuring Lawyers

Could we be witnessing the beginning of the end for the world's largest movie theater chain operator? Perhaps so. Apparently, creditors of the beleaguered and debt-ridden AMC Entertainment Holdings

Canopy Growth Names 2 New Board Members
Canopy Growth Names 2 New Board Members

Canopy Growth (NYSE: CGC) has a pair of new faces in its boardroom. On Wednesday, the company said it appointed two new directors to its board, Terry Yanofsky and David Lazzarato. The appointments

Why 3D Printing Stocks Sank Today
Why 3D Printing Stocks Sank Today

Yowza. That was not fun.

On Tuesday, President Trump warned Americans to expect a "very, very painful" two weeks ahead as the COVID-19 pandemic enters its most damaging phase, and Americans buckle

Shake Shack Launches At-Home Shackburger Kits for DIY Cooking
Shake Shack Launches At-Home Shackburger Kits for DIY Cooking

It has been approximately two weeks since Shake Shack (NYSE: SHAK) shut down dine-in and went to a take-out and delivery only model, but now it has a fresh approach for those hankering for its

Vail Resorts Pauses Its Dividend and Announces Widespread FurloughsPhoto, wide shot, wide-angle lens,  Department store, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/57f223bf-67a0-476b-94dd-76010fccb266.png
Vail Resorts Pauses Its Dividend and Announces Widespread Furloughs

Vail Resorts (NYSE: MTN) has already seen a major impact from COVID-19 and the related downturns in travel and vacation spending. Yet the company is bracing for even more of a financial hit.

The ski

Why Alphabet, Snap, and Splunk All Went Kerplunk Today
Why Alphabet, Snap, and Splunk All Went Kerplunk Today

President Trump warned Americans to expect a "very, very painful" two weeks ahead as the COVID-19 pandemic runs rampant across the country, and potentially hits its apex for numbers of patients

Carnival Boosts Its Bond Offering After a Red-Hot Investor Response
Carnival Boosts Its Bond Offering After a Red-Hot Investor Response

Seeking to raise billions by issuing new stock and securing fresh debt, Carnival (NYSE: CCL) landed some big investors by baiting the hook on its bond offering with a 12.5% coupon rate, according to

Comcast, Lowe's, and Expedia: 3 Stocks That Got Torpedoed by Analysts TodayPhoto, wide shot, wide-angle lens,  Logistics company, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/a16a79c7-f73c-405d-ba63-e8d69b66ce4e.png
Comcast, Lowe's, and Expedia: 3 Stocks That Got Torpedoed by Analysts Today

Wednesday just gets redder and redder. As of 3:20 p.m. EDT, the Dow Jones Industrial Average is down 4.4%, the Nasdaq 4.5%, and the S&P 500 index worst of all -- off 4.6%.

Among the stocks getting

HSBC Cancels Remaining 2020 DividendsPhoto, wide shot, wide-angle lens,  Private equity firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/2b695cca-48cb-4195-802a-e3385fb90ec0.png
HSBC Cancels Remaining 2020 Dividends

Shares of sprawling international bank HSBC Holdings (NYSE: HSBC) tumbled on Wednesday, following the company's announcement that it is suspending its dividend.

The move follows a request

Toyota's North America March Sales Plummet by More Than 30% Due to Coronavirus
Toyota's North America March Sales Plummet by More Than 30% Due to Coronavirus

Toyota (NYSE: TM) released its monthly North American sales figures for March on Wednesday, and they weren't pretty. The company sold just 135,730 vehicles during the month, a year-over-year decline

Why Real Estate Stocks Plunged TodayPhoto, wide shot, wide-angle lens,  Hedge fund, neutral atmosphere, photo by Charlie Waite: https://img.theapi.app/temp/95282efd-f725-49c0-be40-aa74627f7ccc.png
Why Real Estate Stocks Plunged Today

Many housing-related stocks plummeted on Wednesday, following the release of mortgage application figures that were sharply lower than the prior-year period. 

Shares of Zillow (NASDAQ: Z) (NASDAQ:

Rubicon Project and Telaria Combine, Forming the Largest Independent Sell-Side Ad Tech Company
Rubicon Project and Telaria Combine, Forming the Largest Independent Sell-Side Ad Tech Company

Starting today, global advertising exchange Rubicon Project (NYSE: RUBI) and video-focused sell-side advertising platform Telaria (NYSE: TLRA) have officially become a single company, trading under

Why Shares of Chipotle, Shake Shack, and Texas Roadhouse Fell TodayPhoto, 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
Why Shares of Chipotle, Shake Shack, and Texas Roadhouse Fell Today

Restaurant stocks including Chipotle Mexican Grill (NYSE: CMG), Shake Shack (NYSE: SHAK), and Texas Roadhouse (NASDAQ: TXRH) all tumbled today as industry stocks were battered along with the broader

Trump to Meet with U.S. Oil CEOs to Discuss Aid for the IndustryPhoto, wide shot, wide-angle lens,  Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png
Trump to Meet with U.S. Oil CEOs to Discuss Aid for the Industry

President Trump will meet with the leaders of several large U.S. oil companies on Friday, according to a report by The Wall Street Journal. The newspaper's sources said that the meeting would

Why Retailers' Shares Got Clobbered Today
Why Retailers' Shares Got Clobbered Today

Shares of apparel-focused retailers were hit hard on Wednesday, as early sales numbers for March reinforced what many investors already knew: With most stores closed, April will be an exceptionally

Why Shares of Boeing Lost Nearly Half Their Value in MarchPhoto, wide shot, wide-angle lens,  Toy manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.theapi.app/temp/2788fcd3-d339-4592-8f5c-a3b9125dc61f.png
Why Shares of Boeing Lost Nearly Half Their Value in March

Boeing (NYSE: BA) was already a bit of a mess heading into March, weighed down by the continued grounding of its 737 MAX aircraft. A dramatic decline in travel prompted by the COVID-19 coronavirus

It Rallied Late, but Roku Stock Was Still Down 23% in March
It Rallied Late, but Roku Stock Was Still Down 23% in March

Shares of Roku (NASDAQ: ROKU) ended March down a disheartening 23%, according to data provided by S&P Global Market Intelligence. However, as bad as the month was, at one point the stock was down

Stock Market Wrap-Up: Here's How Badly the Coronavirus Hit This Key Industry
Stock Market Wrap-Up: Here's How Badly the Coronavirus Hit This Key Industry

The stock market didn't celebrate the first day of the second quarter any more than it did the end of the first quarter, with investors once again expressing their worry about the impacts of the

Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Plunged on Wednesday
Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Plunged on Wednesday

A day after what seemed like a big recovery, cruise line stocks continued their skid on Wednesday. Shares of Carnival (NYSE: CCL) closed down 33.1%, Royal Caribbean Cruises (NYSE: RCL) ended the day

Dollar Tree Looking to Hire 25,000 as Supply Chains Come Under PressurePhoto, wide shot, wide-angle lens,  Toy manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.theapi.app/temp/2788fcd3-d339-4592-8f5c-a3b9125dc61f.png
Dollar Tree Looking to Hire 25,000 as Supply Chains Come Under Pressure

Dollar Tree (NASDAQ: DLTR) has joined the long list of retail stores that are experiencing tremendous demand over the last month amid the COVID-19 outbreak.

On Wednesday, CEO Gary Philbin told CNBC

Why HP Stock Plunged Today
Why HP Stock Plunged Today

Shares of HP (NYSE: HPQ) have plunged today, closing down 14%, after smaller rival Xerox (NYSE: XRX) abandoned its hostile takeover attempt. Yesterday evening, Xerox said it was formally withdrawing