(RTTNews) - Stocks moved sharply higher in morning trading on Wednesday before seeing considerable volatility late in the session. The major averages pulled back well off their highs but moved back to the upside going into the close of trading.
Shares of electric-car maker Tesla (NASDAQ: TSLA) have soared this year. While this has been great for shareholders, it means expectations are high. This is particularly true for the automaker's third-quarter deliveries, which Tesla will likely report in the next few days. Can t
Citrix Systems CTXS recently announced that Lucid Technologies selected its Virtual Apps and Desktops service on Microsoft’s MSFT Azure to facilitate a simplified remote working experience for its employees and improve work productivity.
Federal Aviation Administration head Steve Dickson flew Boeing's (NYSE: BA) 737 MAX on Wednesday, an important symbolic milestone in the company's effort to get the plane airborne again.
Regeneron (NASDAQ: REGN) has moved up a few paces in the COVID-19 drug-development race. The company announced after market hours on Tuesday that its REGN-COV2 candidate has shown positive results in clinical trials.
What happened
Shares of 9F (NASDAQ: JFU) plunged today, down by 18% as of 2:53 p.m. EDT, after the company reported earnings results for the first half of 2020. The stock is now trading below $1, an important threshold that is required to remain listed on the Nasdaq.
VF's (NYSE: VFC) share price is down about 30% since the start of the year. While the stock has recovered nicely over the last six months, that is small comfort for shareholders who are in the red. After all, no one feels good about losses, even if they have narrowed.
Palantir Technologies (NYSE: PLTR), the data analytics company backed by Peter Thiel, went public on Wednesday when its shares began trading on the New York Stock Exchange.
In trading on Tuesday -- the day after the release of its fiscal fourth-quarter 2020 earnings report -- United Natural Foods (NYSE: UNFI) stock lost more than 14% of its value.
What happened
On Monday, shares of space-tourism pioneer Virgin Galactic (NYSE: SPCE) took off like -- what else? -- a rocket ship, after a pair of Wall Street analysts issued positive pronouncements on the space stock. In back-to-back reports, Bank of America upgraded Virgin Ga
Asana (NYSE: ASAN), a specialist in workplace collaboration and planning software, debuted on the public markets on Wednesday, initially soaring more than 40% from its reference price of $21 set by the New York Stock Exchange.
Cloud-computing security and systems-monitoring expert Datadog (NASDAQ: DDOG) just signed a strategic partnership with technology giant Microsoft (NASDAQ: MSFT). The deal makes Datadog's tools available to Microsoft Azure customers as a so-called first-class service. Datadog's A
Norwegian Cruise Line Holdings (NYSE: NCLH) has been hammered this year by the coronavirus pandemic, with all 28 of its ships forced to remain in port. Its stock has not been able to tread water and is down more than 72% year to date, making for some rough sailing for investors
What happened
Shares of Sunnova Energy International (NYSE: NOVA) jumped today after an analyst at Roth Capital Partners said that a short-seller report about Sunnova published yesterday "misses the mark."
(RTTNews) - The Switzerland stock market ended weak on Wednesday after a choppy session, as investors largely refrained from making significant moves due to worries about the coronavirus spread and its likely impact on the economy.
What happened
Shares of Wanda Sports Group (NASDAQ: WSG) soared on Wednesday after the company received a buyout offer. The proposed acquisition implied 37% upside from where the stock closed yesterday, hence its pop when the market opened this morning. As of 1:30 p.m. EDT, Wand
(RTTNews) - European stocks closed broadly lower on Wednesday as the continued surge in coronavirus cases, the uncertainty surrounding the U.S. election result, and concerns about Brexit deal outweighed positive economic data out of China.
What happened
Airlines have taken investors on a turbulent ride this week, with the shares up on Monday but then down on Tuesday as confidence grew, then faded, over the prospects for a new round of stimulus for the industry.