Gainers
Meiwu Technology Co (NASDAQ:WNW) stock moved upwards by 4.18% to $2.49 during Thursday's after-market session. The company's market cap stands at $62.2 million.
The Meaning Behind Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Cowen & Co. raised the price target on The Boston Beer Company, Inc. (NYSE: SAM) from $400 to $500. Boston Beer shares rose 1% to $465.20 in pre-market trading.