Uranium stocks are the latest to grab the attention of Reddit’s WallStreetBets community, and surging uranium futures prices have prompted one Wall Street analyst to raise his triuranium octoxide price targets.
Dave & Buster's Entertainment Inc (NYSE: PLAY) shares traded higher Friday after the company reported better-than-expected second-quarter earnings and management struck a confident tone on the earnings call.
Cigna Corp (NYSE: CI) shares were losing ground Friday after the stock was hit by a Wall Street double downgrade.
The Cigna Analyst: Bank of America analyst Kevin Fischbeck downgraded Cigna from Buy to Underperform and cut the price target from $240 to $225.
On Thursday, President Joe Biden revealed his new COVID-19 action plan, which includes $2 billion in government spending on 280 million rapid point of care and at-home COVID-19 tests.
The S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.43% on Thursday, its fourth consecutive day of losses, prompting traders to look to the charts for key potential support levels for the market.
On Tuesday, digital payment giant Paypal Holdings Inc (NASDAQ: PYPL) announced a $2.7-billion buyout of Japanese buy now, pay later platform Paidy.
PayPal made the right move by pulling the trigger on Paidy, Bank of America analyst Jason Kupferberg said Thursday.
Lululemon Athletica Inc (NASDAQ: LULU) shares traded higher by 12.7% on Thursday after the athletic apparel company reported a second-quarter earnings beat and raised its guidance.
Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 37.1%. But there is no question some big-name stocks performed better than others along the way.