Chewy Inc (NYSE: CHWY) shares traded lower by 5.4% Friday after the company reported better-than-expected first-quarter earnings and revenue on Thursday afternoon.
Harley-Davidson Inc (NYSE: HOG) has lagged the market in the last few years, but the company is undergoing a strategy shift centered on international markets, electrification and shipment growth.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On this day in 1998, Compaq acquired Digital Equipment in the largest buyout in the history of the computer industry.
Where The Market Was: The Dow closed at 8,811.77. The S&P 500 traded at around 109.41.
Despite historically low-interest rates weighing on bank earnings, the Financial Select Sector SPDR Fund (NYSE: XLF) is up 27.5% in 2021, more than double the return of the SPDR S&P 500 ETF Trust (NYSE: SPY).
Low float stocks can be some of the most volatile stocks in the market. If you mix in a short squeeze, the potential short-term gains in a low float stock can be extreme.
Airline stocks are flying high so far in 2021 as investors anticipate a booming summer travel season and a return to business travel in coming quarters.
On Thursday, MKM Partners initiated coverage of the airline group and said some stocks have more near-term upside than others.
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.5% on Thursday morning after the Labor Department reported a 5% increase in the consumer price index in the month of May, the fastest inflation growth since the summer of 2008.
Last summer, Benzinga PreMarket Prep, co-host Dennis Dick discussed why the idea that naked short sellers are behind the high short interest in stocks like AMC Entertainment Holdings Inc
World Wrestling Entertainment, Inc. (NYSE: WWE) shares have rebounded from a midweek dip after the company announced a surprising round of talent layoffs. The cost-cutting measures have led some investors to speculate that WWE could be preparing for a potential buyout.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On this day in 1987, Kidder, Peabody & Co. paid a $25.3-million fine for insider trading.
Where The Market Was: The Dow closed at 2,337.08. The S&P 500 traded at around 295.09.