The mortgage REIT completed a reverse split on Friday, so it's the first trading day post-split. A stock decline in this situation isn't odd at all.
Shares of theater owner AMC Entertainment (NYSE: AMC) plunged 6% early Monday on news related to its recently created AMC Preferred Equity (NYSE: APE) units. Investors holding out hope for a recovery in AMC's business were originally excited when the company issued the new equity units to existing shareholders as a special dividend. AMC Preferred Equity units (APEs) began trading on the New York Stock Exchange just over a month ago, on Aug. 22.
The COVID-19 pandemic has been downright awful for the mortgage real estate investment trust (mREIT) sector. In the early days of the pandemic, liquidity in the mortgage market dried up and the companies were beset with margin calls. Then pay attention to the mortgage REIT sector.
In the early days of the pandemic, if there was one coronavirus vaccine stock investors were betting on, it was Novavax (NASDAQ: NVAX). The biotech stock soared more than 2,700% in 2020 as it developed its vaccine candidate. In the same timeframe, Pfizer shares hardly budged.
Costco's last membership fee increase kicked in on June 1, 2017.
The Arizona-based electric and hydrogen-fueled semitruck maker has recalled all 93 vehicles it has manufactured to date after an employee discovered a problem with the seat belts in the company's trucks.
In this video, I will be talking about the red flag that is waving above Tesla (NASDAQ: TSLA) right now. Twitter is set to depose Elon Musk on Monday, Sept. 26, and it could last three days. Some Tesla bulls hope that a settlement might be reached instead of going to trial on Oct.
The 86-year-old investing legend has spoken. Pay attention.
The selling in stock markets looks poised to continues, warns veteran strategist Sam Stovall.
On another brutal day for the markets, casino stock Wynn Resorts (NASDAQ: WYNN) was defying gravity, up an impressive 12.8% as of 1:45 p.m. ET. The reason all comes down to China, where officials in the special administrative region of Macau said the government would begin easing COVID-19 restrictions on Chinese citizens beginning in November. Wynn gets an outsized portion of its revenue and earnings from Macau, so it's no surprise its struggling stock is rallying in response.
Shares of Amazon (NASDAQ: AMZN) climbed higher Monday morning, adding as much as 3.1%. The catalyst that sent the e-commerce giant higher were reports the company will hold a second Prime Day sale this year, which will kick off in just weeks. In a press release that dropped early this morning, the company introduced Amazon's Prime Early Access Sale, a shopping event exclusively for Prime members, which will be held on Oct. 11-12.
(Bloomberg) -- John Paulson became a billionaire after his hedge fund effectively shorted more than $25 billion of mortgage securities at the dawn of the global financial crisis. As he sizes up yet another frothy housing market some 15 years later, the founder of Paulson & Co. says another downturn in US home prices may be in the cards -- but the banking system is in a much better condition to handle it. Paulson sat down with Bloomberg for a wide-ranging interview at the Union League of Philadel
In this article, we discuss the 10 best oil stocks to buy according to hedge funds. If you want to read about some more oil stocks, go directly to 5 Best Oil Stocks To Buy According To Hedge Funds. The oil sector has rebounded from the lows of the pandemic this year and prices have […]
Investors are trying to decide if Volkswagen's new joint venture is good or bad news for QuantumScape.
Zacks.com users have recently been watching Energy Transfer LP (ET) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Long story short: the sooner you act, the easier it'll be.
Zacks.com users have recently been watching Alibaba (BABA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
With time, Shopify (NYSE: SHOP) has the potential to be one of them. Diving into the numbers shows how much momentum the company has lost and what it can do to turn things around. The company bet -- by hiring staff and building out infrastructure -- that the pandemic permanently accelerated e-commerce by five to 10 years.
Shares in industrial giant General Electric (NYSE: GE) bucked the market today by spending most of it in positive territory, while the S&P 500 index did the opposite. The move comes as investors moved into the stock after a period of underperformance following a presentation by CFO Carolina Dybeck Happe at the Morgan Stanley Laguna Conference on Sep. 15. There's no way to get around the fact that the presentation was disappointing.
When it comes to building wealth over time, it's hard to beat a strategy of dollar-cost averaging into a broad index fund.