As of 11 AM EST Friday morning, Nuvalent has gained over 50% on its share price. The stock topped out at around $38/share (a 75% gain) but has started to trend back downwards and currently sits at $33/share. What happened to cause this spike? The company creates precisely targeted cancer treatments designed to [...]
Shopify has made moves this morning after reporting Q3 earnings that were better than anticipated. So far, the cloud-based eCommerce platform is up 18% as of 1:30 pm EST. And while this is definitely a step in the right direction, investors and analysts alike are still not sure the time is quite right for Shopify.Nevertheless, [...]
Early this morning Wingstop stock shares jumped over 20% and are counting, making them one of the market's biggest movers. This came as a result of an impressive Q3 earnings report alongside full-year earnings guidance. The company raised estimations after posting better-than-expected earnings in the third quarter - and investors have responded positively. A [...]
The biggest mover so far this morning on the stock market is TSHA - Taysha Gene Therapy. They’re making huge moves up almost 50% before noon EST. If you’re not yet familiar with this company, the name alone tells you that they're engaged in gene therapy. But more specifically, they engage in the development [...]
Scholastic Corp. (SCHL) announced early today that they will be initiating a stock buyback worth up to $75 million - approved by their board of directors. The common stock repurchase will take place through a Dutch Auction and is expected to fall somewhere in the purchase price/share of $35-40 - not accounting for taxes/interest. [...]
Sam Adams, Twisted Tea, Truly, Angry Orchard…you may know all these different brands of beer, seltzer, and cider on their own. But did you know that they’re all owned by one company - Boston Beer? And as of this morning, Boston Beer (SAM) is trading up 16% and counting as of 11 am EST. We’ll [...]
What a week it’s been for NGM Biopharmaceuticals - and anyone currently invested in the company. Monday morning NGM stock tanked over 70% - down to $3.07 from $11.53. But today, the stock is making a big move in the other direction, covering 20% of the loss seen just 3 days ago. What happened? [...]
Netflix stock (NFLX) is a big mover this morning upon releasing its Q3 earnings report Tuesday after market hours. They blew expectations out of the water in terms of net subscriber additions - and they beat estimated EPS and revenue, too. While analysts were projecting $7.85b in revenue, Netflix produced $7.93 in the third [...]
While Snapchat is set to declare 3rd quarter earnings this Thursday, investors and analysts alike are already preparing for the worst. In fact, one analyst out of Deutsche Bank has gone on the record saying he sees very limited upside potential in SNAP stock. Benjamin Black was quoted as saying “We think near and [...]
One of this morning’s big movers during premarket hours was Splunk. The company operates in the development of cloud software solutions. The stock price was up over 8% before the market opened, and while it took a bit of a detour along the way, it’s still up almost 6% as of 11 am EST. [...]
