Why Did Disney Bring Back its Old CEO & What do Investors Need to Know?
It’s been a relatively quiet Monday in the stock market - with Disney being one of the few exceptions. This morning, news of an internal shake-up has made waves throughout both the entertainment and financial industries. After 2 years of underwhelming results under CEO Bob Chapek, the company has parted ways and brought back Bob Iger - the previous [...]
Analysts Like Sea Ltd After Earnings – Take Note of These 2 Red Flags Before Your Next Move
Wednesday morning, Sea Limited - an internet and mobile platform company offering online gaming services - released its 3rd quarter earnings report. While the company is deep in the red and continuing its perpetual downfall in share price, analysts and investors alike are high on the stock. The stock rose over 30% after the earnings release. And recently, the [...]
Macy’s Stock Climbs 11% After Q3 Earnings – 2 Reasons We See an Opportunity for Investors
After reporting Q3 earnings that exceeded expectations, Macy’s (M) stock climbed over 11% as of 11 AM EST Thursday morning. If you’re evaluating the stock and considering whether there’s an opportunity for trading here, we’ve got two things you need to see first. Before we unveil our findings, let’s look at what happened in the past quarter for Macy’s. [...]
QSR Stock Jumps 7% After Appointing Domino’s CEO as Chairman – What You Need to Know Before Investing
This morning, Restaurant Brands International (QSR) appointed a new executive chairman - Patrick Doyle, the former CEO of Domino’s Pizza. The company owns an array of restaurant chains around the world - including Canadian favorite Tim Hortons, along with popular US chains like Burger King, Popeyes, and recently, Firehouse Subs. And as a result of this news, the stock [...]
Tencent Surges Over 25% this Morning, But There’s One Thing You Need to See Before Investing
Chinese company Tencent Music Entertainment (TME) enjoyed a nice 26% jump during this morning’s trading session. As of about 12 PM EST, the stock sits at $5.66 - the highest it’s climbed since March of this year. This is the reversal investors have been waiting for, as the company sits about 35% lower than one year ago today. [...]
Hasbro Stock Drops 8% on Self Inflicted Supply Woes
One of the world’s most popular toy and game makers is taking a serious hit during Monday trading - following up on last week’s volatility. So far this morning the stock has dropped 8% lower than it opened. This comes as one analyst at Bank of America performed a deep dive into the company’s major business driver and identified [...]