The company appears to be declining along with the broader market amid macroeconomic and pandemic-induced concerns.
U.S.-listed shares of Chinese electric vehicle maker Nio (NYSE: NIO) are sinking a day after the company reported its monthly vehicle delivery figure for July. As of 12:15 p.m. EDT, Nio's U.S.-listed shares were down by about 3% after having been down by almost 5% earlier in the session. Nio's Chinese competitors Li Auto (NASDAQ: LI) and XPeng (NYSE: XPEV) also reported their July data Monday, and their growth outpaced that of Nio.
Shares of AMC Entertainment (NYSE: AMC) continued their steady descent on Tuesday, falling 5.6% heading into midday trading. Shares of the movie theater operator have fallen 12% over the past week and are down 35% in the last month. The current stock decline, though, suggests a weakening of resolve among the theater operator's self-proclaimed "apes" heading into AMC's second-quarter earnings report next Monday.
The business development company said it is planning to buy a small bank and convert itself to a bank holding company.
Pinterest (NYSE: PINS) stock is catching a lot of buzz recently, but not for a good reason. As economies reopened during the quarter, folks spent less time engaging with Pinterest. Pinterest started the second quarter with 478 million MAUs.
Investors of healthcare giant Bausch Health Companies (NYSE: BHC) are having a rather rainy afternoon. During the quarter, Bausch Health improved its revenue by 26% year over year to $2.1 billion. In addition, Bausch Health is spinning off its dermatology laser hardware Solta Medical subsidiary into an independent publicly traded company.
Shares of E-Home Household Service Holdings Limited (NASDAQ: EJH), a China-based platform for booking services like moving, appliance installation, and housecleaning, were slammed on Tuesday. As of this writing, the stock was down by 57%. E-Home Household Service stock has seen some massive moves recently.
In this article, we discuss the 10 stocks Reddit’s WallStreetBets is buying for post-earnings gains. If you want to skip our detailed analysis of these stocks, go directly to Reddit’s WallStreetBets is Buying these 5 Stocks for Post-Earnings Gains. Retail investors who use internet forums like Reddit and StockTwits to outline their market strategy have […]
The fiber optics laser specialist reports disappointing second-quarter results and issues a soft outlook.
Shares of Ultra Clean Holdings (NASDAQ: UCTT) have gotten crushed today, down by 13% at 11:30 a.m. EDT, after the company reported second-quarter earnings. The results topped market expectations, but investors may be fretting over a structural change to a joint venture (JV). Revenue in the second quarter was $515.2 million, ahead of the consensus estimate of $505.4 million in sales.
The board of Wells Fargo & Company ( NYSE:WFC ) has announced that it will be increasing its dividend by 100% on the...
Tesla stock inched up just 7 cents, a gain of 0.0099%. Here's what history says happens after a day where it does nearly nothing.
After a disappointing earnings report, investors were dropping the information technology company's shares.
In this article, we discuss the 10 best high short interest stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best High Short Interest Stocks to Buy Now. Stocks with high short interest have dominated the headlines in the finance world for a good […]
Shares of Kopin (NASDAQ: KOPN) were tumbling this morning after the company reported second-quarter results that failed to meet analysts' consensus estimates. Kopin's revenue increased 12% from the year-ago quarter to $9.9 million, but that fell short of Wall Street's consensus estimate of $11.6 million for the quarter. Additionally, the company's adjusted net loss per share of $0.04 was worse than analysts' consensus estimate of a loss of $0.02 per share.
Investors sold off Boston Beer's (NYSE: SAM) stock last week after the company dramatically lowered its outlook for the fiscal year. Rather than boom over the early summer months, the hard seltzer beverage niche slowed. In a conference call with Wall Street analysts, Boston Beer's management team sounded confident about the business despite the disappointing Q2 results.
Anastasia Amoroso, iCapital Network’s chief investment strategist, discusses which sectors are poised to benefit from the reopening trade, and the disconnect between the stock and bond markets.
Molson Coors is trimming the number of items it sells and moving in the direction of more premium items.
U.S. steelmakers are posting great results and their stocks have rallied. But now is not the time to jump into this sector.
Nikola reported quarterly results this morning. Here's how the stock is doing.
Lyft reported second-quarter results after market close on Tuesday.