(RTTNews) - The Hong Kong stock market on Wednesday ended the seven-day winning streak in which it had skyrocketed more than 2,050 points or 9 percent. The Hang Seng Index now sits just beneath the 25,050-point plateau and the losses may accelerate on Thursday.
(RTTNews) - The Australian stock market is notably lower on Wednesday after the U.S. Federal Reserve projected a sharp contraction for the U.S. economy this year due to the coronavirus pandemic and indicated that interest rates are likely to remain at current near-zero levels th
Investors in On Deck Capital, Inc. ONDK need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 21, 2020 $3.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied vol
FibroGen, Inc. FGEN was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $32.64
(RTTNews) - Food deliver company Grubhub Inc. (GRUB) on Wednesday said it has agreed to be acquired by European peer Just Eat Takeaway.com N.V. in an all-stock transaction valued at $7.3 billion.
(RTTNews) - The Malaysia stock market has tracked higher in back-to-back sessions, gathering almost 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index remains just above the 1,575-point plateau although it may be stuck in neutral on Thursday.
Wednesday was another day of mixed performance on Wall Street, as major stock market benchmarks were mixed. Investors' preference for growth stocks seemed to reassert itself, as the Nasdaq Composite (NASDAQINDEX: ^IXIC) once again managed to gain substantial ground in setting a
What happened
Shareholders of Boeing (NYSE: BA) probably expected a big boost to their stock price on Wednesday, after Reuters reported that the 737 MAX is set for a certification test flight for the Federal Aviation Administration later this month.
Johnson & Johnson (NYSE: JNJ) announced on Wednesday that it expects to begin a phase 1/2a clinical trial of its COVID-19 vaccine candidate Ad26.COV2-S, recombinant, in the second half of July. The company previously projected that the early-stage clinical study would begin
Tyson Foods Inc said on Wednesday it was cooperating with the U.S. Department of Justice on a price-fixing investigation in the poultry industry, under a program that could protect the meat processor from criminal prosecution.
(RTTNews) - Treasuries moved sharply higher over the course of the trading day on Wednesday, extending the upward move seen over the two previous sessions.
Biogen (NASDAQ: BIIB) has taken its shareholders on a roller-coaster ride over the past year or so, and more potential trouble is on the horizon for the biotech. Given that, now may be a good time for shareholders to consider jumping ship -- at least, so says Bernstein analyst A
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Teladoc Health Inc (Symbol: TDOC), where a total of 13,191 contracts have traded so far, representing approximately 1.3 million underlying shares. That amounts to abou
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Visa Inc (Symbol: V), where a total of 40,605 contracts have traded so far, representing approximately 4.1 million underlying shares. That amounts to about 45.6% of V'
What happened
Cruise ship stocks fell on Wednesday as the number of COVID-19 cases rose in multiple U.S. states and international markets. As of 2:55 p.m. EDT, shares of Norwegian Cruise Line Holdings (NYSE: NCLH), Carnival (NYSE: CCL), and Royal Caribbean (NYSE: RCL) were dow
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in DocuSign Inc (Symbol: DOCU), where a total of 26,578 contracts have traded so far, representing approximately 2.7 million underlying shares. That amounts to about 54.2
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ProPetro Holding Corp (Symbol: PUMP), where a total volume of 19,610 contracts has been traded thus far today, a contract volume which is representative of app
The Federal Open Markets Committee, the policy-making arm of the Federal Reserve, just met for the first time since the U.S. economy started to reopen and for the first time since the blowout May jobs report that sent the stock market soaring.
What happened
Shares of United Natural Foods (NYSE: UNFI) tumbled today after an otherwise strong earnings report wasn't enough to justify the stock's monster gains during the pandemic (shares were up nearly 200% before today's sell-off). The pullback may have also been a sell