In trading on Monday, shares of 58.com Inc (Symbol: WUBA) crossed above their 200 day moving average of $55.01, changing hands as high as $55.18 per share. 58.com Inc shares are currently trading up about 10% on the day. The chart below shows the one year performance of WUBA
Economic data has always been important to traders. Now, though, it seems that the economists don’t have a clue what to expect, and the market has come to accept that.
In trading on Monday, shares of Cigna Corp (Symbol: CI) crossed below their 200 day moving average of $185.31, changing hands as low as $182.52 per share. Cigna Corp shares are currently trading off about 3.1% on the day. The chart below shows the one year performance of C
Investors in Fiserv Inc (Symbol: FISV) saw new options begin trading this week, for the July 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the FISV options chain for the new July 17th contracts and identified one put and one call co
Investors in Paychex Inc (Symbol: PAYX) saw new options become available this week, for the July 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the PAYX options chain for the new July 17th contracts and identified one put and one cal
Investors in PRA Health Sciences Inc (Symbol: PRAH) saw new options begin trading this week, for the January 2021 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 214 days until expiration the newly tradi
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SCHP ETF (Symbol: SCHP) where we have detected an approximate $496.3 million dollar outflow -- that's a 5.5% decrease week over week (from 151,750,
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Utilities Select Sector SPDR— Fund (Symbol: XLU) where we have detected an approximate $108.6 million dollar inflow -- that's a 1.0% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 Value ETF (Symbol: IWN) where we have detected an approximate $105.9 million dollar inflow -- that's a 1.4% increase week over
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Portfolio S&P 500 Growth ETF, where 8,950,000 units were destroyed, or a 5.0% decrease week over week. Among the largest underly
Augmented Reality (AR) is witnessing rapid adoption due to the shift in consumer preferences and business needs. Almost every major sector including consumer, healthcare, retail, gaming, entertainment, construction and tourism are using the technology to interact between the rea
Natura &Co Holding S.A. NTCO was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the sto
The board of directors of W.R. Berkley Corporation WRB recently approved a 9% hike in its quarterly dividend in a concerted effort to boost shareholders’ value. The company will now reward investors with a dividend of 12 cents per share.The recent increase takes the annual div
Investors in Party City Holdco Inc. PRTY need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 17, 2020 $2.50 Call had some of the highest implied volatility of all equity options today.
Dr. Reddy's Laboratories Ltd. (RDY) has entered into a non-exclusive Licensing Agreement with Gilead Sciences, Inc. GILD to register, manufacture and sell the latter’s experimental candidate, remdesivir, a potential treatment for COVID-19, in 127 countries including India.
SiTime Corporation SITM was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is n
Stay-at-home orders and social distancing measures to protect oneself from the coronavirus infection have seen an increasing number of people going for contactless payments. Plastic money and mobile wallets have been among the few beneficiaries of COVID-19 with more people shopp
Commercial Metals Company CMC is scheduled to report third-quarter fiscal 2020 results on Jun 18, before the opening bell.Which Way are the Estimates Headed?The Zacks Consensus Estimate for fiscal third-quarter revenues stands at $1.26 billion, suggesting a decline of 21.3% from
Johnson Controls International plc (JCI) intends to resume its previously-announced share-buyback program with effect from the fourth quarter of fiscal 2020. The program relates to the deployment of proceeds from the sale of Power Solutions transaction.