Everyone’s favorite coffee giant - Starbucks (SBUX) - is on track for its greatest single-day percentage increase since February 2020 - right before the pandemic restrictions set in. So far, the stock is up 10% in Friday morning trading. How did we get here? Yesterday after market hours, Starbucks quietly released its fiscal fourth-quarter [...]
NerdWallet reported an impressive third quarter showing growth in revenue, EPS, and other key metrics. As a result, analysts have moved their price targets for the stock up - and investors have gotten on board as well. Hype after this news has sent the stock up 36% so far this morning. And by the [...]
Tuesday morning, Airbnb (ABNB) reported Q3 earnings that exceeded not just analyst expectations - but the company’s best performance to date. It was the biggest and most profitable quarter in company history, and yet, shares are trading down 10% so far today…what’s going on? Before we can look at potential causes for the drop [...]
Early this morning Carvana surged 15% before leveling off and dipping back down a bit. However, this is the first positive price movement the online vehicle retailer has seen in quite some time. The reason for this quick jump? The stock was upgraded from “underweight” to “neutral” by an analyst at JPMorgan. While most [...]
Actinium Pharmaceuticals (ATNM) is one of the biggest movers early Monday morning. The stock is up 39% for the day after the firm released news that their latest trial results were more than optimistic. The company specializes in developing targeted therapies for cancer. Their therapies are known as antibody radiation conjugates - a special [...]
As of 11 AM EST Friday morning, Nuvalent has gained over 50% on its share price. The stock topped out at around $38/share (a 75% gain) but has started to trend back downwards and currently sits at $33/share. What happened to cause this spike? The company creates precisely targeted cancer treatments designed to [...]
Shopify has made moves this morning after reporting Q3 earnings that were better than anticipated. So far, the cloud-based eCommerce platform is up 18% as of 1:30 pm EST. And while this is definitely a step in the right direction, investors and analysts alike are still not sure the time is quite right for Shopify.Nevertheless, [...]
Early this morning Wingstop stock shares jumped over 20% and are counting, making them one of the market's biggest movers. This came as a result of an impressive Q3 earnings report alongside full-year earnings guidance. The company raised estimations after posting better-than-expected earnings in the third quarter - and investors have responded positively. A [...]
The biggest mover so far this morning on the stock market is TSHA - Taysha Gene Therapy. They’re making huge moves up almost 50% before noon EST. If you’re not yet familiar with this company, the name alone tells you that they're engaged in gene therapy. But more specifically, they engage in the development [...]
Scholastic Corp. (SCHL) announced early today that they will be initiating a stock buyback worth up to $75 million - approved by their board of directors. The common stock repurchase will take place through a Dutch Auction and is expected to fall somewhere in the purchase price/share of $35-40 - not accounting for taxes/interest. [...]
