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, [...]
Is Pfizer’s RSV Vaccine Advancements Enough to Earn the Stock a Buy?
Pfizer (PFE) has climbed more than 2% in this shortened trading week, and this could be due to the recent advancements in their latest vaccine. The RSV (respiratory syncytial virus) vaccine has been found to be 82% effective in preventing a respiratory virus in infants. The way the vaccine works is through administration to the mother during pregnancy. At [...]
Getty Images Falls After Shareholder Urges Company Sell: We See 2 Major Issues for the Stock
Tuesday morning’s trading session was a whirlwind of emotions for investors of Getty Images (GETY) after an activist shareholder made it clear that the current state of the company wasn’t cutting it. While shares initially shot 5.7% higher in premarket trading, they fell the same amount once the market opened - as they currently sit 5.4% lower. All of [...]
Is it Time to Get Out of Tupperware Stock After the Company Issued This Warning?
Late last Friday, Tupperware (TUP) released a grave warning to shareholders about the company’s near future. The company has hired financial advisers to determine the best plan of action in the short term. As a result, the stock has slid more than 48% so far in Monday morning’s trading session. The company is facing a multitude of challenges that [...]
Is Elevance Health, Inc. Ready to Rebound to its October 31, 2022 All- Time High?
Elevance Health, Inc., (ELV:NYSE), founded in 1944 is based in Indianapolis. It is a health benefits provider that supports health at each life stage, providing health plans and clinical, behavioral, pharmacy, and complex-care solutions that promote members' whole health. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Member [...]
Live Nation CEO Adds $1M of Stock to His Portfolio…Should You Follow Suit and Buy LYV?
Last Friday (March 31st), Live Nation (LYV) CEO Michael Rapino added another $1 million in company stock to his personal portfolio. Anytime an insider trade like this occurs, people assume it’s for one of two reasons: They know something we don’t and are seeking to capitalize on an upcoming announcement, deal, or another outcome. They are attempting to restore [...]