The stock has hit nine new all-time highs since March 8 with a recent small pullback in the last two weeks. Arista Networks, Inc. (ANET: NYSE) is headquartered in Santa Clara, California, and was formerly known as Arastra, Inc. before the name was changed in October 2008 It was incorporated in 2004. ANET provides [...]
This morning, UnitedHealth Group (UNH) reported first-quarter earnings that came in over expectations. The company doubled down on this success, raising the full-year outlook for 2023. And yet, shares of the company are falling - down nearly 3% in Friday’s trading session so far. This has investors and the market as a whole perplexed. [...]
The airline industry as a whole has been struggling as of late, and American Airlines (AAL) is the latest company to fall victim to a lackluster forecast. Yesterday, the airline company released its first-quarter profit forecast that left analysts and the market as a whole underwhelmed. The carrier reset expectations for profit, with most [...]
Tuesday’s trading session saw WW International (WW) - better known as WeightWatchers - gain more than 61% on the stock market. The company’s shares spiked after news of its latest acquisition made waves. The company closed a deal to acquire Sequence - a telehealth provider. While WW International has been known for its behavioral [...]
Pfizer (PFE) has climbed more than 2% in this shortened trading week, and this could be due to the recent advancements in their latest vaccine. The RSV (respiratory syncytial virus) vaccine has been found to be 82% effective in preventing a respiratory virus in infants. The way the vaccine works is through administration to [...]
Tuesday morning’s trading session was a whirlwind of emotions for investors of Getty Images (GETY) after an activist shareholder made it clear that the current state of the company wasn’t cutting it. While shares initially shot 5.7% higher in premarket trading, they fell the same amount once the market opened - as they currently [...]
Late last Friday, Tupperware (TUP) released a grave warning to shareholders about the company’s near future. The company has hired financial advisers to determine the best plan of action in the short term. As a result, the stock has slid more than 48% so far in Monday morning’s trading session. The company is facing [...]
Elevance Health, Inc., (ELV:NYSE), founded in 1944 is based in Indianapolis. It is a health benefits provider that supports health at each life stage, providing health plans and clinical, behavioral, pharmacy, and complex-care solutions that promote members' whole health. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, [...]
Last Friday (March 31st), Live Nation (LYV) CEO Michael Rapino added another $1 million in company stock to his personal portfolio. Anytime an insider trade like this occurs, people assume it’s for one of two reasons: They know something we don’t and are seeking to capitalize on an upcoming announcement, deal, or another outcome. [...]
Yesterday morning, Alkaline Water (WTER) announced approval by the board of directors for a 15-for-1 reverse stock split. This is effective under Nevada law as of today (April 5). The implications of this move include a dramatic reduction of common stock shares on the market. Before the reverse stock split, 200,000,000 shares of common [...]
