One of the most common questions traders have about stocks is “Why Is It Moving?”
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.
As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.
Character actor Ned Beatty passed away on Sunday from natural causes at the age of 83.
Beatty first gained prominence in the 1972 “Deliverance” and would appear in classic films including “Nashville” (1975), “All the President’s Men” (1976), “Superman” (1978) and "Rudy" (1993).
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.
The cover story in this weekend's Barron's offers 10 ways to cash in on the shortage of just about everything.
Other featured articles discuss why bad news for big oil is good news for investors and how to play the semiconductor shortage.