As Bitcoin (CRYPTO: BTC) becomes an increasingly popular investment option, many public companies are following suit and investing in the apex cryptocurrency.
Citigroup raised the price target for The Manitowoc Company, Inc. (NYSE: MTW) from $11 to $21. Citigroup analyst Timothy Thein maintained a Neutral rating. Manitowoc shares fell 2.4% to $19.09 in pre-market trading.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
The CNN Money Fear and Greed index showed an improvement in overall sentiment among US investors.
US stocks moved higher on Friday as Treasury yields fell from their recent highs after investors digested comments from the Federal Reserve officials. The Dow Jones added around 1.75% last week, snapping a four-week losing streak.
Amarin Corporation plc (NASDAQ: AMRN) today announced a new analysis from the VASCEPA/VAZKEPA (icosapent ethyl) cardiovascular outcomes REDUCE-IT study showing the effectiveness of VASCEPA®/VAZKEPA® in patients with recent acute coronary syndrome (<12 months before randomization).
Despite the ongoing negative news around Silvergate Bank (NYSE: SI), its potential impact on Bitcoin (CRYPTO: BTC) liquidity has not been as significant as many in the market