Global Freight Rates Are Going Down— Will This Lead To Chaos For Shipping Companies?
The international price of global freight shipping is dropping in a trend that could have ripple effects across the entire shipping industry.
Why Applied DNA Sciences Is Trading Higher By 166%, Here Are 75 Stocks Moving In Tuesday’s Mid-Day Session
Gainers
AMTD IDEA Group (NYSE: AMTD) shares jumped 284% to $8.00 after jumping 18% on Monday. The company owns 90%+ of AMTD Digital.
Avis Budget, Zebra Technologies And Some Other Big Stocks Moving Lower On Tuesday
FAT Brands Inc. (NASDAQ: FATBB) fell 30% to $10.50. The company recently posted a Q2 net loss of $8.2 million or $0.50 per share.
Stifel Downgrades Matson to Hold, Lowers Price Target to $93
Stifel analyst Benjamin Nolan downgrades Matson (NYSE:MATX) from Buy to Hold and lowers the price target from $131 to $93.
Earnings Scheduled For August 1, 2022
Companies Reporting Before The Bell
• Bon Natural Life (NASDAQ:BON) is projected to report earnings for its first quarter.
How Much Money Do Shipping CEOs Make? Here’s Their 2021 Pay Info
Managing ships is big business. It should come as no surprise that bosses of ship-operating companies are highly compensated. What may surprise you is that the CEOs with the largest fleets don't necessarily earn the highest compensation.
12 Industrials Stocks Moving In Tuesday’s After-Market Session
Gainers
Code Chain New Continent (NASDAQ:CCNC) stock rose 6.4% to $0.5 during Tuesday's after-market session. The market value of their outstanding shares is at $23.0 million.
83 Biggest Movers From Yesterday
Gainers
Symbotic Inc. (NASDAQ: SYM) shares surged 120.6% to settle at $20.07 on Wednesday. Symbotic reported the completion of its business combination with SVF Investment Corp. to become a publicly traded company.
Earnings Scheduled For May 3, 2022
Companies Reporting Before The Bell
• Kiniksa Pharmaceuticals (NASDAQ:KNSA) is projected to report earnings for its first quarter.
