What happened
Shares of computer memory maker Micro Technology (NASDAQ: MU) dropped to close 4.6% lower Thursday. You can probably blame the analysts at Needham & Co. for that -- and here's the strangest thing: Needham actually likes Micron stock.
NEW YORK (Reuters Breakingviews) - It's tough being in a business that gets people places when no one is going anywhere. That’s the case for ride-hailing firm Uber Technologies, which saw second-quarter revenue fall 29% from a year earlier, it said on Thursday. True, t
Analyst price-target raises for Etsy (NASDAQ: ETSY) were coming thick and fast on Thursday. This followed the hobby-pinning company's release of its second-quarter results on Wednesday after market close.
The stock market just kept on climbing on Thursday, driven by optimism that the global economy will survive the COVID-19 pandemic in the long run. The Nasdaq Composite managed to power ahead for yet another record close, but gains in the Dow Jones Industrial Average (DJINDICES:
What happened
Shares of automotive parts specialist Tenneco (NYSE: TEN) fell out of bed when Wall Street opened for the day, dropping a huge 18% in the first minutes of trading. Although the stock pared those losses, it was still down by a painful 13% or so at roughly 3 p.m. EDT
Marathon Oil (NYSE: MRO) is currently the most widely held oil stock on popular trading app Robinhood. More than 190,000 traders own shares, putting it ahead of well-known peers like energy behemoth ExxonMobil. Fueling the company's popularity among the service's traders are i
What happened
Shares of Adient (NYSE: ADNT) fell 12% on Thursday afternoon after the autoparts manufacturer released quarterly results that came in below expectations. The COVID-19 pandemic is weighing on the entire automotive sector, and the pressure is unlikely to abate any ti
(RTTNews) - After moving to the upside early in the session, treasuries gave back ground over the course of the trading day on Thursday before closing little changed.
Kontoor Brands' (NYSE: KTB) second-quarter 2020 results, issued Thursday before markets opened for trading, reassured investors that its liquidity and solvency outlook remains intact. Given its current balance sheet and cash flow generation, the company should be able to weather
Bristol Myers Squibb (NYSE: BMY) began 2020 with a lot of products that it didn't have a year ago thanks to the giant Celgene deal that closed last November. The company's second-quarter earnings report on Thursday was seen as positive even though the company lost $1.48 per shar
Cronos Group (NASDAQ: CRON) had made great progress in recovering from the shellacking it took during the coronavirus-fueled market meltdown earlier this year. As of its close on Wednesday, Cronos stock was up more than 20% over the last three months.
As retail traders flood the market a return to the basics may help novice traders understand the fundamentals of options trading, we're going to run a weekly post about options education. First up is the difference between call and long call options.
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Antero Midstream Corp (Symbol: AM) were yielding above the 18% mark based on its quarterly dividend (annualized to $1.23), with the stock changing hands as low as $6.75 on the day
Looking at the sectors faring worst as of midday Thursday, shares of Healthcare companies are underperforming other sectors, showing a 1.6% loss. Within that group, ResMed Inc. (Symbol: RMD) and Becton, Dickinson & Co (Symbol: BDX) are two large stocks that are lagging, s