AMC Shows More Financial Cracks After Equity Offering
Not even the wildly successful Taylor Swift partnership could lift AMC Entertainment Holdings Inc. from a continual downturn. The most recent event was noted on Tuesday, December 12th, as the company dropped 5% in shares following the completion of its latest equity offering. The offering raised $350 million by selling around 48 million shares at an average price of [...]
Pfizer Falls to 10-Year Low on Weak Forecast for 2024: 3 Reasons to Sell This Stock ASAP
Pfizer (PFE) fell 9% in Wednesday morning trading after the company’s weak forecast for 2024 left much to be desired in the eyes of investors and analysts alike. The stock is headed toward a 10-year low, and has now shed 50% of its value in the last year alone. The drugmaker has been steadily losing its footing since the [...]
Best Swing Trading Alerts to Help You Pick Stocks and Buy/Sell at the Right Time
Whether you’re just getting started with swing trading for beginners or you’re looking to improve your strategy so you can win more trades with less work, the concept of swing trade alerts is captivating. Uncovering the best stocks for swing trading, identifying your entry point, and mapping out a profitable exit is time-consuming and perplexing. Wouldn’t it be nice to [...]
Oracle (ORCL) Falls 11% on Weak Revenue, But There Are Still 2 Reasons to Hold Onto This Stock
Oracle (ORCL) delivered second-quarter earnings after the market closed Monday, and the results sent shares lower in extended trading. They picked up from there this morning when the bell opened and the stock fell 11%. The software company fell short of expectations for revenue, delivering just $12.94 billion compared to the consensus of $13.05 billion. This was a 5% [...]
Macy’s is Up 86% in the Past Month After News of a Buyout Offer: What Investors Need to Know
Shares of Macy’s (M) are up 20% so far to start the week as the company is reportedly reviewing a $5.8 billion buyout offer. Shares have now surged more than 86% in the past month. A source close to the matter says the offer comes from two investors, real estate investor Arkhouse Management and Asset Manager Brigade Capital Management. [...]
GigaCloud Technology Inc. Breaks Out of Recent Trading Range: Can It Exceed Its September 11, 2023 High of $18.60?
by Leslie N. Masonson, MBA GigaCloud Technology, Inc. (Nasdaq:GCT), was incorporated in 2006 in Walnut Creek, California where it is currently headquartered. It has $584 million in annual sales and a market capitalization of $440 million with 764 full-time employees. Previously, it was known as Oriental Standard Human Resources Holdings Limited with a name change in February 2021. Year-to-date [...]
