Tag Archives: Stock

AMC’s (AMC) stock gained 45% on Monday. Shares closed at $29.33 each, above their highest closing level of the year in early January. The cinema chain’s CEO Adam Aron told Reuters investors should expect to see more “transformational” deals in the future. “I’d like to think there will be more third-party external M&A announcements going forward where AMC can reach for the stars and intriguing investments that have potentially attractive returns,” Aron said. Earlier this month AMC announced it… Source link

U.S. equity futures were near breakeven in premarket trading Monday as investors prepare for a busy week rife with key economic data that could position the Federal Reserve to act more aggressively on plans to raise interest rates. Futures tied to the Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 were mostly flat ahead of the open after all three major benchmarks registered their second straight week of gains on Friday to close at one-month highs. Meanwhile, bond yields… Source link

Terran Orbital to Ring Opening Bell at the New York Stock Exchange Today, March 28, 2022, at 9:30 a.m. in Celebration of the New Listing BOCA RATON, Fla., March 28, 2022 /PRNewswire/ — Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”), a leading small satellite manufacturer primarily serving the United States aerospace and defense industry, announced that its common stock and warrants will begin trading on the New York Stock Exchange today, March 28, 2022, under the… Source link

A version of this post was originally published on TKer.co. Peter Lynch, the legendary stock picker who ran Fidelity’s market-beating Magellan Fund for 13 years, made a prescient observation in a speech he gave to the National Press Club back in October 7, 1994. It comes from the 38-minute mark of this video (via @DividendGrowth): Some event will come out of left field, and the market will go down, or the market will go up. Volatility will occur. Markets will continue to have these ups and… Source link

Stock futures steadied Thursday evening after a rally on Wall Street, with the three major U.S. stock indexes closing sharply higher as investors further mulled the path forward for interest rates and a host new sanctions against Russia. Contracts on the S&P 500 hugged the flat line. The S&P 500, Dow and Nasdaq each closed out Thursday’s regular session higher by more than 1%. Despite some losses earlier this week, the S&P 500 and Nasdaq headed for a second straight week of gains, if levels… Source link

U.S. equity futures were little changed in extended trading Wednesday after stocks retreated from a mini-comeback to resume losses in the trading session as investors continued to juggle a number of risks, including the Federal Reserve’s inflation flight and Russia’s war in Ukraine. Contracts on Wall Street’s main benchmarks hovered around breakeven headed into overnight trading. Wednesday marked two years since the S&P 500 bottomed in the 2020 global stock market crash after the World… Source link

The reaction to a potential COVID-19 vaccine breakthrough for young children out of Moderna (MRNA) may have some traders scratching their heads. Shares of the biotech fell 3% on Wednesday on positive interim data released by Moderna for its coronavirus vaccine for children under six years old. Moderna said the shots were about 44% effective in preventing Omicron in children six months up to two years old. “We believe these latest results from the KidCOVE study are good news for parents of… Source link

Starbucks stock (SBUX) has fallen out of favor with investors. Shares of the coffee-selling powerhouse are down 20% in the past year, according to Yahoo Finance Plus data, badly lagging the S&P 500’s 14% gain. McCafé coffee seller McDonald’s has seen its stock rise 6% in the past year, while Restaurant Brands (which owns coffee chain Tim Horton’s) shares are down 10%. Jefferies analyst Andy Barish in a new note on Wednesday points to three things holding back shares of Starbucks. “The factors… Source link

Returns from stocks and bonds are likely to suffer in the long-term, CEO and CIO of Research Affiliates Chris Brightman told Yahoo Finance Live. “[Investors should expect] not just lower long-term returns from the bond market but lower long-term returns from the stock market as well,” Brightman told Yahoo Finance Live. “Remember, the stock market’s trading at near all-time highs in terms of prices relative to, say, cyclically adjusted earnings or extraordinarily low dividend yields. And… Source link

Stock futures opened slightly lower Tuesday evening after rising during the regular trading day, as investors contemplated the potential for the Federal Reserve to take an even more aggressive approach to reining in inflation. Contracts on the S&P 500 edged lower. The index rose more than 1% during Tuesday’s regular session after sliding on Monday. Technology stocks outperformed, and the Nasdaq Composite rose by nearly 2%. U.S. stocks rose for a fifth time in six sessions on Tuesday as… Source link