Yesterday in Wednesday’s trading session, Union Pacific (UNP) gained more than 12% after news of the railroad operator's new CEO taking the helm. The buzz over Jim Vena taking the reins of the company managed to steal the spotlight from what ended up being a quarter of underperformance. During the second quarter, the railroad [...]
On Tuesday after the market closed, Wells Fargo & Company (WFC) released a statement that its board of directors approved an increase to the quarterly common stock dividend - much to the delight of investors. The company was already paying a quarterly dividend of $0.30, but the company has raised that up to $0.35 [...]
Raytheon Tech (RTX) is down more than 15% so far in Tuesday morning’s trading session. If this trend holds, it will be the biggest selloff for this stock since 9/11. So, what happened? The US defense contractor and industrial corporation is facing concerns with certain airplanes it produced. The company has released a statement [...]
KBR, inc. (KBR) started the week strong with exciting news of a deal with NASA. The science, technology, and engineering company has secured a $1.9 billion contract with the government agency to plan, train and fly NASA human spaceflight programs. While the initial pre-market reaction to this news was positive, we haven’t seen much [...]
Just a month ago after Netflix (NFLX) squashed password sharing, the stock got an upgrade and began rallying. But today, the streaming provider has taken a step backward after falling short of analyst estimates for the second quarter. Making matters worse, the company’s guidance for the 3rd quarter is below expectations, too. That being [...]
Johnson & Johnson (JNJ) has had its ups and downs over the past few months, but it appears as if steady growth is ahead. The company has boosted its previous guidance for the year after Thursday’s earnings report came in well above analyst expectations. Johnson & Johnson saw sales growth of 6.3% for the [...]
Carvana (CVNA) just fueled up and is on the road to better days ahead. After falling below $4/share earlier in January of this year, the stock is back up to where it once sat at $53/share. We’ve witnessed an impressive 141% turnaround in the last year, and nearly 35% of that came just this [...]
Recursion Pharmaceuticals (RXRX) just got an endorsement from one of Wall Street’s hottest stocks at the moment, and as such, has earned the attention of analysts, retail investors, and professionals alike. After securing a $50 million investment from Nvidia (NVDA), the RXRX shot up more than 76%. The two companies are more alike than [...]
AudioCodes (AUDC) once reached a recent high on the stock market of $41/share in 2020. Today, the stock sits at under $10/share. What was once a billion-dollar company is now a troubled company facing declining revenue and internal turmoil - and the 55% decline in the past year reflects that. The company has been [...]
The Metal Company (TMC) has climbed 160% in the last three months and is already up another 15% so far today in Friday morning’s trading session. But, after a period of sustained growth, the stock dipped hard this week - falling more than 30%. What’s causing the volatility with this stock - and what [...]
