Lyft Gets Downgraded After Earnings Report…is Now the Time to Sell – or is There Any Hope Left?
Lyft stock got a downgrade after reporting third-quarter earnings - despite an impressive, record-breaking performance. The stock hasn’t moved too much as a result of all this news. Nevertheless, investors are wondering if the time is up for the ridesharing company - or if there is still reason to hold onto hope. We’ve got the answer you’ve been searching [...]
Manchester United is up 62% in the Last Week as Sale Rumors Surge – But Be Aware of These 2 Red Flags!
The Manchester United stock has experienced serious volatility in the past week - particularly since Tuesday. The stock has climbed 62% as rumors swirl about the club being sold to a new owner. While it may be tempting to buy into the hype and trade this stock, you’re going to want to see these 2 red flags VectorVest [...]
Earnings Beat Sends John Deere 7% Higher – Will This Stock Slow Down, or is it Time to Buy?
John Deere stole the show this morning as one of the only companies to report earnings. Their fiscal fourth-quarter results came in and impressed analysts and investors alike - sending shares 7% higher than they opened this morning. The farm equipment provider saw revenue of $15.54 billion, compared to estimates of $14.4 billion. Net income came in at [...]
Why Did Burlington Coat Factory Climb 20% This Morning Despite Lackluster Quarterly Earnings?
Tuesday morning Burlington Coat Factory (BURL) issued its 3rd quarter earnings report. Results for the quarter that ended October 29, 2022, were lackluster, to say the least - with a decrease in total sales, gross margin, and other key categories. And yet, shares of BURL were trading 20% higher as of 6:30 AM this Tuesday morning, but have leveled [...]
Axcelis Tech Quarterly Earnings Growth Propels Stock Price 34% Higher
Axcelis Technologies, Inc. (ACLS), founded in 1978 and based in Beverly, MA, is a leading designer and manufacturer of semiconductor equipment. Moreover, its focus is on developing applications that support ion implantation systems, a critical step in manufacturing integrated circuits. According to their website, their company’s “..suite of ion implanters delivers the highest levels of precision, purity, and [...]
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 [...]
