Amneal Pharma Issues Guidance Over Market Forecasts, But We See 3 Things Holding the Stock Back
Yesterday, Amneal Pharmaceuticals (AMRX) issued guidance for the first quarter of 2023 that came in over the consensus estimates. This sent shares trading as much as 14% higher in premarket trading. The stock opened Monday’s trading session at $1.34/share and closed at $1.63 for a nice single-day gain. The pharmaceutical company says that revenue is going to soar as [...]
Coors Stock Climbs Amidst Bud Light Controversy: Does it Belong in Your Portfolio, Though?
Anheuser-Busch - the parent company for Bud Light - has made nationwide waves with its latest promotional marketing tactic. After partnering with transgender influencer Dylan Mulvaney, the company has received a barrage of criticism. While BUD stock is down in the past week, the company’s competitors are thriving - one of which is Molson Coors Beverage (TAP). With more [...]
Can Arista Networks, Inc. Stock Keep Hitting New Highs?
The stock has hit nine new all-time highs since March 8 with a recent small pullback in the last two weeks. Arista Networks, Inc. (ANET: NYSE) is headquartered in Santa Clara, California, and was formerly known as Arastra, Inc. before the name was changed in October 2008 It was incorporated in 2004. ANET provides services to telecommunication service providers, [...]
Why is UnitedHealth Falling After Beating Earnings Expectations and Raising Guidance?
This morning, UnitedHealth Group (UNH) reported first-quarter earnings that came in over expectations. The company doubled down on this success, raising the full-year outlook for 2023. And yet, shares of the company are falling - down nearly 3% in Friday’s trading session so far. This has investors and the market as a whole perplexed. Revenue was up nearly 15% [...]
American Airlines Latest Forecast Points to Trouble Ahead. Here are 3 Things to Consider…
The airline industry as a whole has been struggling as of late, and American Airlines (AAL) is the latest company to fall victim to a lackluster forecast. Yesterday, the airline company released its first-quarter profit forecast that left analysts and the market as a whole underwhelmed. The carrier reset expectations for profit, with most guidance falling somewhere in the [...]
WeightWatchers Spikes on Acquisition, But There are 2 Things Holding the Stock Back You Need to See…
Tuesday’s trading session saw WW International (WW) - better known as WeightWatchers - gain more than 61% on the stock market. The company’s shares spiked after news of its latest acquisition made waves. The company closed a deal to acquire Sequence - a telehealth provider. While WW International has been known for its behavioral and diet-based weight management offerings, [...]
