By Leslie N. Masonson, MBA Lifeway Foods (LWAY) stock price has surged 91% since August 11 and 16.8% this past week on exploding volume. This highly-rated stock should be placed on investor watchlists for a possible continuation of its price momentum going forward. But be cautious in the recent 10-day downtrending market. Lifeway Foods, [...]
Shares of Adobe (ADBE) are down nearly 5% in Friday’s trading session after the cloud software firm reported third-quarter earnings. Despite beating the analyst consensus, the substantial investments in AI have yet to pay off. And, the outlook for the final quarter left much to be desired. Revenue for the quarter came in at [...]
AMC Entertainment Holdings (AMC), one of the most discussed meme stocks in recent history, secured $325.5 million in an at-the-market equity offering in hopes of keeping the company alive. The cinema chain and entertainment company has been on a tumultuous journey over the past few years. After getting the meme boost and seeing highs [...]
Gene therapy developer Rocket Pharmaceuticals (RCKT) investors woke up in delight as shares skyrocketed in Wednesday morning’s pre-market trading session. When the bell sounded, the stock continued its trajectory and it currently sits 38% higher than it last closed at. This comes after the company announced that it has aligned with the Food and [...]
Shares of Oracle (ORCL) are down 12% so far in Tuesday morning’s trading session even after the company posted first-quarter earnings that beat the consensus. The problem? The dismal guidance for the second quarter ahead. Oracle has benefited as more and more companies rush to claim their stake in the AI marketplace. The demand [...]
Rumors have been circulating since August that Hostess Brands (TWNK) has been looking for a buyer. The latest update is that JM Smucker, the maker of Jif peanut butter, is preparing for a takeover that could cost as much as $5 billion. Reuters first reported the news that the famous Twinkie manufacturer had been [...]
By Leslie N. Masonson, MBA Arch Capital Group Ltd. (ACGL) is a Nasdaq-listed firm that was incorporated in Delaware in 1995 but is headquartered in Pembroke, Bermuda, with 5,800 employees. There are 373 million shares outstanding. Revenues totaled $1.8 billion, and ACGL’s market cap is $29.04 billion. The company and its multiple subsidiaries offer [...]
DocuSign (DOCU) reported fiscal first-quarter earnings late Thursday that beat the consensus and marked an improvement year over year. The document signing software company also raised its forecast for the full year. And yet, shares are falling so far in Friday’s trading session. The company’s revenue of $669.4 million represents an 11% gain year [...]
G-III Apparel Group (GIII) got a nice boost in Thursday morning’s trading session after the company’s earnings beat out the analyst consensus. This was coupled with the announcement of a landmark deal with Champion. G-III operates a myriad of fashion and apparel brands like DKNY, Karl Lagerfeld, and Wilsons Leather. The parent company did [...]
Brady Corporation (BRC) opened up Tuesday’s trading session with a bang. The company reported record earnings for the fiscal fourth quarter, released its fiscal 2024 earnings outlook, and expanded its share buyback program. BRC has gained more than 12% so far this morning as a result. The company, which operates in the Identification Solutions [...]
