Boyd Gaming Corporation BYD is poised to benefit from sports betting expansion, strategic buyouts and organic growth across its businesses — Las Vegas Locals, Downtown Las Vegas as well as Midwest and South Segment. Also, the company’s initiative regarding the legalization o
Apple AAPL has closed all stores outside of Greater China to slow down the spread of coronavirus. In a letter posted on the company’s website, Apple CEO Tim Cook stated that “the most effective way to minimize risk of the virus’s transmission is to reduce density and maxim
The recent weakness in commodity prices prompted energy players to rethink strategies as well as reconsider capex cuts. Notably, after abiding by the capital discipline during the crude downturn (from mid-2014 to 2016), energy companies resorted to escalating their capital expen
The U.S. stock market has now officially entered the bear territory, as all the three major indices — the Dow Jones, the Nasdaq, and the S&P 500 — have fallen over 20% from their recent highs. The stock market witnessed sharp sell-off in recent weeks, as investors fear t
Investors in Diamond Offshore Drilling, Inc. DO need to pay close attention to the stock based on moves in the options market lately. That is because the Apr 17, 2020 $3.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Impl
Shares of Inovio Pharmaceuticals, Inc. INO have surged significantly in the year so far. The stock has skyrocketed 118.2% against the industry’s decline of 11.8%.
The coronavirus pandemic has affected both the domestic and international markets, and the damage has increased manifold in some major economic zones in the last few weeks. The virus had originated from the city of Wuhan of Hubei province in China. So far, 169,387 confirmed case
Old Second Bancorp, Inc. OSBC could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for OSBC broke out below the 200 Day Simple Moving Average, suggesting short-
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“A market downturn doesn’t bother us. It is an opportunity to increase our ownership of great companies with great management at good prices.” — Warren Buffett
Arvinas, Inc. (ARVN) came out with a quarterly loss of $0.56 per share versus the Zacks Consensus Estimate of a loss of $0.53. This compares to loss of $0.52 per share a year ago. These figures are adjusted for non-recurring items.
FuelCell Energy (FCEL) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $2.16 per share a year ago. These figures are adjusted for non-recurring items.
Last night as the Federal Reserve, in its second surprise announcement in just four days, brought out its big bazooka, cutting the fed funds rate by 100 basis points for a target range of 0% to 0.25%.
The Fed has yet again trimmed its benchmark interest rate to 0% to provide support to the economy amid the coronavirus pandemic. By trimming its short-term interest rates and at the same time renewing its crisis era bond-purchasing program, the Fed aims to pump cash into the fin
New Age Beverage Corporation (NBEV) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.
Forrester Research, Inc. FORR has been struggling lately, but the selling pressure may be coming to an end soon. That is because FORR recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
FormFactor, Inc. FORM has been struggling lately, but the selling pressure may be coming to an end soon. That is because FORM recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
Focus Financial Partners Inc. FOCS has been struggling lately, but the selling pressure may be coming to an end soon. That is because FOCS recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.