In this article SIVB CMG SAM People walk past Snap Inc. Snapchat signage displayed in downtown Los Angeles, California on October 2, 2021. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines after the bell: Snap — Snap shares sunk roughly 23% in extended trading after the company missed revenue
ContextLogic (NASDAQ:WISH) has been hammered from its highs, but WISH stock has shown promise lately. On Oct. 19, it rallied 5.5% and on Oct. 20, it followed it up with a rally of 14%. Granted, the stock remains more than 80% below its all-time high from earlier this year. However, it’s making strides at recovering
Trading volatility is nothing new for options traders. After all, most of them rely heavily on volatility information to choose their trades. Volatility represents the extent of changes in the price of a stock, security, commodity, or index over a defined time period. Volatility also helps provide a metric for the magnitude of a price
After a two-month slide, Pfizer (NYSE:PFE) shares are finally moving in the opposite direction. Over the past two days, PFE stock is up by nearly 3%. Source: photobyphm / Shutterstock.com The rebound was sparked by investors anticipating the approval of Pfizer’s Covid-19 vaccine for children ages five to 11 in the U.S. and Canada. If that
Zomedica (NYSEAMERICAN:ZOM) has had a string of victories in recent weeks. First, it announced on Oct. 1 that it would acquire PulseVet for $71 million. Then three days later, it announced that it had hired a President with significant medical devices experience to replace current CEO Robert Cohen when he retires at the end of
Atlanta Federal Reserve President Raphael Bostic said Thursday that he sees an interest rate hike coming later in 2022 as he forecasts a growing economy and lasting inflation pressures. The central bank official told CNBC that he has “penciled in” a rate increase in “late third, maybe early fourth” quarter of 2022. The expectation puts
In this article CSX IBM CROX T Crocs store in New York City. Michael Brochstein | SOPA Images | LightRocket | Getty Images Check out the companies making headlines before the bell: AT&T (T) – AT&T rose 1.5% in premarket trading, after the company beat estimates by 9 cents with an adjusted quarterly profit of
Thanks to the strong recovery of global oil consumption from the pandemic, energy stocks are the top performing market sector of the S&P 500 this year. The commodity price rally has been fueled by the recovery from the pandemic, as well as the limited oil production from OPEC and Russia. These two factors have led
Cloudflare (NYSE:NET) stock keeps pushing higher, even though its valuation is in nosebleed territory. I want to recommend investors buy NET stock, but I can’t do that in good conscience. In fact, at this point, the only thing I can do is point out how incredibly overvalued it seems to be, even as it continues
Ready or not, the plant-based revolution is in full swing, and Tattooed Chef (NASDAQ:TTCF) is working diligently to get its meat-free products on grocers’ shelves. At the same time, TTCF stock just can’t seem to get off the ground and it’s awfully frustrating. Source: Spyro the Dragon / Shutterstock.com Just to recap, Tattooed Chef serves up
Paysafe (NYSE:PSFE) has been struggling since closing outs its special purpose acquisition company (SPAC) deal. PSFE stock has shed more than 40% of its value since completing the merger with Foley Trasimene Acquisition II in late March of this year. Plus, weak guidance for the third quarter has weakened the stock even more lately. However,
Starship prototype SN15 returns for a landing on May 5, 2021 after a high-altitude flight test. SpaceX Between Elon Musk’s two largest companies, investors and experts have a long-term favorite. Most “institutional investors and industry experts” surveyed by Morgan Stanley expect SpaceX to become more valuable than Tesla, and see it as a more attractive
IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines after the bell: IBM — The tech company saw its stock dropping more than 5% in extended trading following a revenue miss in the third quarter. its top two business segments —
The allure of dividend stocks should be increasing right now. The Fed has signaled that it will soon begin tapering the market stimulus it provided during the pandemic. Following the news in late September, there hasn’t been any immediate shock. In general, broader markets including the S&P 500 index traded down after Labor Day. But
Cloudflare (NYSE:NET) stock has performed extremely well in 2021. As of Oct. 20, it’s up 130%, opening at $175.80. With this in mind, many investors think that there are only two scenarios for NET stock. Either this momentum will continue, sending prices higher, or more prudent, conservative investors and traders will wait for a dip
Ride-sharing and ride-hailing services are becoming increasingly popular among commuters. It’s estimated that the number of ride-sharing users will grow at a compounded annual growth rate of 16.6% by 2026. Some of the biggest names in this industry include Uber and Lyft. But there is a growing list of other names that are trying to
Clean Energy Fuels (NASDAQ:CLNE) may seem like a busted meme stock. But there’s a lot more to CLNE stock than that. Traders active on social media weren’t wrong for being bullish on this renewable natural gas (RNG) purveyor earlier in 2021. They were just bullish for all the wrong reasons. Source: ZikG / Shutterstock.com The “green
Last year when the novel coronavirus pandemic became a harsh reality within our borders, most everyone had a fundamental concern: avoiding COVID-19 and thereby becoming a statistic. But as the weeks of lockdowns and mitigation measures turned into months, people had other thoughts about returning back to normal. Now that we’re on its cusp, demand
Fixed-income giant Pimco has dabbled in cryptocurrencies and plans to gradually invest more in digital assets that have the potential to disrupt the financial industry, according to chief investment officer Daniel Ivascyn. “Now we’re looking at potentially trading certain cryptocurrencies as part of our trend-following strategies or quant-oriented strategies, then doing more work on the
In this article NVAX ANTM EAT Customers view merchandise in an experience room at the Sonos store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Pinterest — Shares of the social media company rallied more than 9% following a Bloomberg News report that said