Category: stock
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Clear Secure stock soars to 52-week high of $26.98 By Investing.com
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Clear Secure, Inc. (YOU) has reached a new 52-week high, with its stock price rising to $26.98. This milestone reflects a significant upward trend in the company’s market performance, marking a noteworthy achievement for the identity security company. Over the past year, Clear Secure has seen an impressive 20.55% increase…
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Don’t rush back into the stock market as more pain is coming if the economy keeps slowing, Stifel chief strategist says
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iStock; Rebecca Zisser / P Barry Bannister of Stifel said stocks have risen since last week’s sell-off, but there is still reason for caution. The Fed’s 2% inflation target is “just a pipe dream” while the housing market is expected to recover, Bannister said. He reiterated his prediction of a…
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Inozyme stock draws Buy at Jefferies (NASDAQ:INZY)
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Leo Patrizi Inozyme Pharma (NASDAQ:INZY) traded higher on Tuesday after Jefferies assumed coverage with a buy rating and a $17 price target, citing three rare disease opportunities for the company’s flagship asset, INZ-701. Enzyme replacement therapy is currently undergoing clinical trials. Studies on ENPP1 deficiency, calcification, and pseudoexfoliative ectodermal tumor…
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B. Riley stock extends losses after bank delays quarterly report By Reuters
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Written by Manya Saini, Nikit Nishant and Saeed Azhar (Reuters) – Shares of investment bank B. Riley Financial fell to their lowest level in nearly eight years on Tuesday after the company delayed filing its quarterly report with the Securities and Exchange Commission, adding to concerns about a second-quarter loss.…
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Market surge led by tech giants: Exploring today’s vibrant stock landscape
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Stock Heat Map from FinViz.com Tuesday, August 13, 2024 13:46:05 GMT Today’s Stock Market Overview Today’s trading session saw dynamic performance across sectors, with technology stocks gaining notably. The market heat map reveals strong progress in semiconductors and major technology players, which is fueling positive sentiment among investors. Given the…
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SNDL stock rises on deal to buy Nova Cannabis (NASDAQ:SNDL)
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Wild Pixel Canadian Cannabis Player SNDL (NASDAQ:SNDL) has agreed to acquire the remaining minority stake in its subsidiary Nova Cannabis (OTCQB: NVACF) for a total consideration of approximately $40 million, the companies announced Tuesday. Under the terms, Calgary, Alberta-based SNDL (SNDL) will seek to: To buy approximately 34.8% of Nova…
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Plug Power’s Problems Persist. Should Investors Throw in the Towel on the Stock?
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Problems I’ve been experiencing Power plug (NASDAQ: PLUG) The company continued to post poor results in the second quarter of the year, with the stock losing about 80% of its value over the past year. Let’s take a closer look at the issues the company is facing and whether it…
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US stock futures flat amid pre-inflation angst By Investing.com
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U.S. stock index futures were little changed in overnight trading on Monday after a quiet session on Wall Street as expectations of key inflation data later this week deterred any big trades. But Wall Street appears to have found some calm after last week’s wild swings, as speculation about a…
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Glaucos Corp director Weisner executes stock transactions worth $3.8 million By Investing.com
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In a recent trading move, Amy S. Wisner, a director at Glaucos Corp. (NYSE:GKOS), a surgical and medical instrument company, engaged in a large stock transaction. On August 8, 2024, Wisner acquired 25,000 shares of common stock at $32.00 per share, for a total of $800,000. On the same day,…
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DJT stock falls 7% after Donald Trump returns to X ahead of Elon Musk interview
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Shares of Trump Media and Technology Group (DJT) plunged Monday afternoon after former President Donald Trump returned to X, the platform formerly known as Twitter, just hours before he was due to return to office. long awaited conversation With Elon Musk. This was the first time Trump had posted on…
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Is Qualcomm a Millionaire-Maker Stock?
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Most investors looking for a great investment in artificial intelligence (AI) seem to find Nvidia First, and this is understandable. Not only is the company’s technology at the core of most AI platforms, it has been a hero since the AI wave began in earnest two years ago. In fact,…
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US stock futures steady as inflation data looms By Investing.com
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Investing.com – U.S. stock index futures were in a narrow range in overnight trade on Sunday as Wall Street saw some stability after last week’s wild swings, with focus shifting to key inflation data due this week. Wall Street indexes initially posted sharp losses last week, but ended the week…
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1 Top Growth Stock Down 58% to Buy Before It Is Too Late
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supercomputer (NASDAQ: SMCI) Supermicro has been one of the hottest stocks on the market this year, up a whopping 73% as of this writing, but a closer look at the stock’s recent performance suggests that its bull run is over. In fact, Supermicro shares (as the company is known) are…
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Where Will Nvidia Stock Be in 1 Year?
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The artificial intelligence (AI) boom is well underway, and perhaps no company has benefited from it more than Nvidia (NASDAQ: NVDA)For years, the company’s semiconductors have been the go-to choice among tech companies for AI processing, and now that move is paying off for Nvidia stock. The company’s stock price…
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Healthcare outpaces: Insights from today’s nuanced stock market
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Goldman Sachs Launches Preferred Stock ETF For High Income
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Stock market quote Goldman Sachs Asset Management Introduced a new preferred stock fund – its fifth fund for 2024. Goldman Sachs Axis U.S. Preferred Equity and Hybrid ETF (GPRF) It began trading on August 8, according to a company press release. The statement said that the GPRF Fund aims to…
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Shein eyes UK warehouse as it prepares for £50bn London stock market debut
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Chinese fashion giant Shein is set to open its first warehouse in Britain as part of its preparations for a massive £50bn listing on the London Stock Exchange. The company, now headquartered in Singapore, is focusing its research on the “Golden Logistics Triangle” in the Midlands, a key region known…
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Koru Medical Systems stock price target raised on strong results By Investing.com
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On Thursday, Piper Sandler revised its outlook on shares of Koro Medical Systems Inc. (NASDAQ:KRMD), raising its price target to $3.00 from $2.50 previously. The firm maintained a neutral rating on the stock. The adjustment came after Coro Medical reported second-quarter earnings, which highlighted a record quarterly revenue of $8.4…
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Brazilian SEC greenlights first Solana ETF; launch hinges on stock exchange approval
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Brazil’s Securities and Exchange Commission has approved the country’s first exchange-traded fund. According to the Brazilian News Agency ExamThe Solana (SOL) ETF will be created by QR Asset and managed by Vortx. Additionally, CF Benchmark’s Solana Dollar Reference Rate Index will serve as a benchmark for the Solana ETF. ??…
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Japan stock slump opens the door for increased buybacks- UBS By Investing.com
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The recent slide in Japanese stock markets may provide an opportunity for local companies to increase share buybacks, UBS said in a note, adding that Japanese stocks still offer value. Japanese stocks fell to their lowest levels in eight months on Monday, erasing all their gains this year and entering…