JWN Stock Tanks as Q4 Earnings Disappoint, Provides Weak Outlook
JWN stock tanked this morning after the luxury apparel retailer Nordstrom Inc’s (NYSE:JWN) financial performance in the fourth quarter proved to be a disappointment. On top of that, the retailer’s profit projection for 2020 was ... [Read]
TSLA Stock Hits $800 Mark on Analyst Bullish Note
TSLA stock has had an impressive run throughout 2020, and today, the stock soared again after it got an upgrade from JMP Securities. The firm upgraded the rating of the stock to ‘outperform’ and stated ... [Read]
TWTR Stock Soars: Calls to Replace Jack Dorsey as CEO
TWTR stock is trading higher following a report that an activist investor is pushing to replace Twitter Inc’s (NYSE:TWTR) CEO, Jack Dorsey. Activist investors may be bad news for a company’s board, but for investors ... [Read]
DELL Stock Slumps Despite Topping Q4 Earnings Estimates
DELL stock tanked despite Dell Technologies Inc.’s (NYSE:DELL) fourth-quarter 2020 results topping earnings estimates, thanks to the strong growth of its services business. Despite beating estimates, this was the slowest quarterly growth in revenue as ... [Read]
SPCE Stock Tanks After a Bearish Note from Credit Suisse
Over the past months, Virgin Galactic Holdings Inc (NYSE:SPCE) emerged as the latest cult stock in the market. The rally was primarily fueled by the promise of a future when space travel was going to ... [Read]
AMRN Stock Tanks: Earnings and Revenue Top Analyst Estimates
AMRN stock is trading weakly despite Amarin Corp (NASDAQ:AMRN) releasing its Q4 and full-year results, which topped both revenue and earnings estimates set by Wall Street analysts. The impressive results were mainly due to successful ... [Read]
PANW Stock Drops 16% After Miss on Q2 2020 Earnings Estimates
PANW stock dipped over 16% after Palo Alto Networks Inc’s (NYSE:PANW) second-quarter earnings fell short of estimates because of incentives related to its next-generation security products. Palo Alto Misses Q2 2020 Estimates The company reported ... [Read]
FB Stock Gains Momentum: Company Looks to Diversify Its Offering
Since social media giant Facebook Inc. (NASDAQ:FB) went public in 2012, FB stock has been on an epic run after surging almost 450%. The impressive turn has been a result of the company’s domination in ... [Read]
FSLR Stock Drops 15% After Missing Q4 Estimates
FSLR stock plunged over 15% in extended trading on Thursday after First Solar Inc. (NASDAQ:FSLR) reported unexpected Q4 loss and a lower-than-expected sales forecast. First Solar Misses Q4 Wall Street Estimates The company reported a ... [Read]
SPCE Stock Extends Rally, Rockets 450% Since Early December
Every once in a while, some stocks emerge that seem to soar despite belonging to lines of businesses that might not be fully developed. In other words, such stocks are driven by a degree of ... [Read]