The stocks making the biggest moves in premarket trading include Lululemon, Caterpillar, Sony, Tesla, Boeing, and more.
Kategorie-Archiv: CNBC Financial News
Robinhood traders are not behind the rally and their favorites actually underperform, Barclays says
Barclays‘ analysis finds that just as some retail investors are cashing in, many others are getting the market all wrong and losing money.
Stocks making the biggest moves after hours: PVH, Adobe, Lululemon and more
Check out the companies making headlines after the bell.
Taco Bell same-store sales decline as chain loses breakfast and late-night customers
Yum Brands said Tuesday that Taco Bell’s U.S. same-store sales have declined by high-single digits so far in the quarter.
Lululemon sales fall 17% as retailer takes hit from stores being closed, shares drop
Lululemon reported a first-quarter sales decline of 17%, as its strong digital business wasn’t enough to offset the losses from its stores being temporarily shut due to the coronavirus pandemic.
Pershing Square’s Ackman eyes $1 billion-plus ‚blank-check‘ company, sources say
Ackman, whose New York-based hedge fund has more than $10 billion in assets under management, is working with investment banks Jefferies, UBS Group AG and Citigroup on the IPO, referred to on Wall Street as a special purpose acquisition company (SPAC), the sources said.
Amazon unveils small business credit line with Goldman in latest tie-up between tech and Wall Street
The move is the first time Amazon has agreed to let an outside financial institution make underwriting decisions for the hundreds of thousands of businesses on its platform
Paul Tudor Jones says companies can no longer exist just to maximize profits
Paul Tudor Jones on Wednesday critiqued the long-held belief that companies should exist for the sole purpose of generating profits.
The hot new thing to make your stock pop: Go bankrupt
Bankrupt names Hertz, Whiting Petroleum, Pier 1 and J.C. Penny saw their shares surging at least 70% each in Monday’s trading alone, some of which more than doubling.
Meet Nikola, the speculative electric vehicle stock that traders believe is as valuable as Ford
Nikola Corporation, which makes battery-electric and hydrogen-electric trucks, has more than doubled since it began trading on June 4.