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Why Shares of Energy Services Companies Like Core Labs Fell as Much as 61% in March
Shares of energy services company Core Laboratories (NYSE: CLB) fell a dramatic 61.5% in March, according to data from S&P Global Market Intelligence. Peer Helmerich & Payne (NYSE: HP) dropped 58%
7 Things You Need to Know About Small Business Loans Under the COVID-19 Relief Package
The COVID-19 outbreak has been battering the U.S. economy, forcing millions of Americans into unemployment already. And without relief, small businesses really stand to suffer. Many have already had
Should You Buy Walt Disney Stock?
Shares of Walt Disney (NYSE: DIS) have lost about a third of their value since the coronavirus pandemic began disrupting the company's business. The stock price stood at $104.70 at around 11 a.m. on
Is Spotify Stock a Buy Right Now?
Spotify's (NYSE: SPOT) stock price has held up relatively well since the S&P 500 peaked in February. While not entirely immune to the sell-off spurred by the impact of coronavirus, the share price
Why Net Lease REITs Like Realty Income Fell 30% or More in March
The shares of net lease bellwether Realty Income (NYSE: O) dropped roughly 31% in March according to data from S&P Global Market Intelligence. But that was hardly the only net lease real estate
Ralph Lauren Sees 'Improving Situation' in China and South Korea
Ralph Lauren (NYSE: RL) issued a business update on April 6 that outlined steps to protect the health and wellbeing of employees. But the company also highlighted some encouraging signs about the
Why Aphria Stock Sank in March
Shares of Canadian pot giant Aphria (NYSE: APHA) lost 16.8% of their value in March, according to data from S&P Global Market Intelligence. The cannabis company's stock fell largely as a result of
Amid Coronavirus Pandemic, Macy's Loses a Key Executive
Macy's (NYSE: M) Chief Financial Officer Paula Price has decided to leave the struggling retailer as of May 31. They company hasn't given a reason for the departure, nor has it named a replacement.
3 Top Stocks to Buy in April
The first quarter of 2020 is in the books, finishing down 20% (as measured by the S&P 500), and the first few days of the second quarter haven't been much better, with stocks heading lower again to
Yamana Gold to Resume Full Operations at Cerro Moro After Shutting Down Due to COVID-19
Following its mid-March transitioning of Cerro Moro to a reduced production schedule, Yamana Gold (NYSE: AUY) announced yesterday that it plans to return the Argentine mine to full production. The
The 3 Best Warren Buffett Stocks to Buy With Your Stimulus Check
Assuming stocks remain well below recent highs achieved in mid-February, Americans are about to get their hands on a nice chunk of money at a very opportune time. As part of a $2 trillion stimulus
Report: Neiman Marcus Inches Closer to Bankruptcy
The Neiman Marcus Group is reportedly weeks away from possible bankruptcy proceedings, according to a report from Reuters.Neiman was taken private in 2013 in a $6 billion leveraged buyout by Ares
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Why BioNTech Stock Soared 66% in March While the Market Plunged
Shares of German clinical-stage biotech BioNTech (NASDAQ: BNTX) skyrocketed 66.4% in March, according to data from S&P Global Market Intelligence.
For context, last month the S&P 500 index returned
Zoom Has Gotten Ahead of Itself
The COVID-19 pandemic has created insane surges in usage for a wide range of communications platforms. Zoom Video Communications (NASDAQ: ZM) has emerged as a poster child for videoconferencing as
Why Digital Realty Trust Stock Gained 16% in March While the Market Plunged
Shares of Digital Realty Trust (NYSE: DLR), a data center real estate investment trust (REIT), rose 15.7% (or 16.6% if we include dividends) in March, according to data from S&P Global Market
Why Hilton Worldwide Stock Lost 30% in March
Hilton Worldwide (NYSE: HLT) stock underperformed the market by a wide margin last month. Shares fell 30% compared to a 12.5% decline in the S&P 500, according to data provided by S&P Global Market
ExxonMobil Slashes Capex 30% in Light of COVID-19 Impact
ExxonMobil (NYSE: XOM) just became the latest oil company to slash its spending amid crashing crude prices. The energy giant on Tuesday announced it would be reducing its 2020 capital budget by 30%
Calvin Klein, Tommy Hilfiger Owner May 'Pack and Hold' Inventory Until Next Spring
It makes very little sense to fill closed stores with inventory. That's why PVH Corp. (NYSE: PVH), the parent company of Calvin Klein and Tommy Hilfiger, says it may "pack and hold" some of its
Why Marathon Petroleum Stock Cratered 50% in March
Shares of Marathon Petroleum (NYSE: MPC) tumbled 50.2% in March, according to data provided by S&P Global Market Intelligence. A variety of factors weighed on the oil refiner, including cratering
Why Shares of These Top Oil Companies Fell More Than 20% in March
Shares of integrated oil majors ExxonMobil (NYSE: XOM), Royal Dutch Shell (NYSE: RDS.A)(NYSE: RDS.B), and BP (NYSE: BP) lost more than 20% of their value in March, according to data provided by S&P
Why Match Group Stock Gained 2% in March
Match Group (NASDAQ: MTCH) stock outperformed a weak market last month as shares rose slightly compared to a 12.5% decline in the S&P 500, according to data provided by S&P Global Market
Wayfair Suddenly Looks Like a Surprise Winner in the Coronavirus Economy. Is It a Buy?
Wayfair (NYSE: W) shares surged on Monday. The online home goods seller had been one of the biggest losers in the coronavirus sell-off, with the stock down more than 60% at one point. However, the
Why Visa Stock Lost 11% in March
Visa (NYSE: V) stock modestly outperformed a weak market last month by dropping 11% compared to a 12.5% decline in the S&P 500, according to data provided by S&P Global Market Intelligence.
That
People Are Still Drinking Massive Quantities of Hard Seltzer During Coronavirus Pandemic
The incredible popularity of hard seltzer has not abated one bit during the coronavirus pandemic as data from Nielsen indicates sales of the flavored malt beverage continues to grow at triple-digit