Amgen, a company known for pioneering modern biotechnology, has released information indicating they will be increasing the dividend from what was paid out last year. Executives stated that the payment will be $2.13 - which is 3.2% of the stock price. Compared to the industry average for dividend payouts, this is quite impressive. But [...]
Anytime insiders within a company start selling off their shares it will raise eyebrows. But when a group of insiders does it - including the president and CFO, it’s worth paying attention to. And that’s exactly what’s happening right now within the Coca-Cola Company (KO). Over the past year, KO has performed very well [...]
One stock that’s been making noise - and not in a good way - is Spotify. Just under 2 years ago the stock was trading at over $360/share and seemed to be the industry leader in music streaming. Today, the stock sits at less than $80/share - reaching an all-time low of just over [...]
It’s been a rough year for the largest e-commerce company in the world, Amazon. Share prices today have fallen to record lows over the past three years, down to just $82/share. As the company sits over 50% lower today than it did this time last year, things are changing structurally for Amazon. The company [...]
While others enjoyed the usual lull of returning to normalcy after the holidays, many were stranded in airports around the country due to mass cancellations by Southwest Airlines (LUV). Historically, Southwest has been an industry leader in aviation - but today, the stock has taken a nosedive, dropping almost 6% Tuesday morning. These [...]
Written by: Angela Akers The Federal Reserve had its final meeting of 2022 last week and raised interest rates by 50 basis points, from 4.25% to 4.50%. Fed Chair Jerome Powell set expectations that the Fed funds rate will increase to between 5.00% and 5.25% by early next year and remain at that level [...]
Early this morning AMC stock plummeted 25% in pre-market trading before settling around a 12% loss by 11:30 AM EST. This came after a press release from the entertainment company announcing a $110 million equity capital raise along with a proposed reverse stock split. There are quite a few moving pieces to the [...]
When we last talked about Nike back in September, the company was experiencing problems with inventory bloat. With $9.6 billion worth of inventory crowding shelves, analysts and investors alike had concerns - and this sentiment manifested itself in a lower price per share of $84. Today, however, Nike appears to have turned a corner. [...]
Recently, SoFi CEO Anthony Noto purchased 1.1 million company shares for a total purchase price of $5 million. Seeing as the stock sits at its lowest point since going public, investors are wondering if he knows something we don’t - or if this is merely a desperate attempt to turn things around. One thing [...]
Monday morning saw the negative price trend for SNAP stock continue to strengthen, as shares fell an additional 3.5% by 11 AM EST. This came after Jeffries analyst James Heany joined Yahoo Finance to discuss the future for Snapchat - where he issued a grave warning to investors. We are nowhere near the bottom. [...]
