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Online auto marketplace Vroom sets terms for $300 million IPO

6 years 4 months ago
Vroom, an online used car marketplace, announced terms for its IPO on Monday. The New York, NY-based company plans to raise $300 million by offering 18.8 million shares at a price range of $15 to $17. At the midpoint of the proposed range, Vroom would command a fully diluted mark

IRDM Crosses Above Key Moving Average Level

6 years 4 months ago
In trading on Monday, shares of Iridium Communications Inc (Symbol: IRDM) crossed above their 200 day moving average of $24.14, changing hands as high as $24.50 per share. Iridium Communications Inc shares are currently trading up about 5% on the day. The chart below shows t

Stocks Mark First Day of June With Modest Gains

6 years 4 months ago
Despite an uprising in social turmoil in the U.S., stocks marked the first day of June with gains. The Dow closed up 91 points, while the S&P 500 and Nasdaq marked closes modestly in the black. Despite relations with China on the brink of collapse, investors in the U.S. ar

Invitation Homes (INVH) Shares Cross Above 200 DMA

6 years 4 months ago
In trading on Monday, shares of Invitation Homes Inc (Symbol: INVH) crossed above their 200 day moving average of $27.93, changing hands as high as $28.06 per share. Invitation Homes Inc shares are currently trading up about 6.1% on the day. The chart below shows the one yea

U.S. court refuses to shield VW in diesel scandal lawsuits

6 years 4 months ago
A U.S. appeals court ruled on Monday that Volkswagen AG cannot escape potential financial penalties from two counties in Florida and Utah that may amount to a "staggering" additional liability arising from the German automaker's diesel emissions scandal.

CNA Financial Passes Through 5% Yield Mark

6 years 4 months ago
Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of CNA Financial Corp (Symbol: CNA) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.48), with the stock changing hands as low as $29.57 on the day. D

CVR Energy Passes Through 8% Yield Mark

6 years 4 months ago
Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of CVR Energy Inc (Symbol: CVI) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.6), with the stock changing hands as low as $19.90 on the day. Divide

Why Almost No One Is Canceling Their Costco Membership

6 years 4 months ago
Costco (NASDAQ: COST) recently announced fiscal second-quarter earnings results that included some minor letdowns for investors. Customer traffic posted a rare decline in the period despite surging demand in the early days of the COVID-19 pandemic containment efforts.

Top Buys by Directors: Armstrong's $502.6K Bet on WMB

6 years 4 months ago
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the

Why SM Energy Stock Rocketed 17% Higher on Monday

6 years 4 months ago
What happened Shares of U.S. onshore oil and natural gas driller SM Energy Company (NYSE: SM) jumped as much as 17% on June 1, rising throughout the morning and into the early part of the afternoon. By 2 p.m. EDT, that stock was sitting just off the day's highs. The energy compa
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