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Why Axsome Therapeutics Stock Is Jumping Today
Shares of Axsome Therapeutics (NASDAQ: AXSM) were jumping 13.8% as of 11:15 a.m. EDT on Friday. The big gain came after the drugmaker announced that the Food and Drug Administration granted a
Bain Capital to Buy Virgin Australia Out of Bankruptcy
Virgin Australia, the discount airline that's owned in part (but not in whole) by Sir Richard Branson's privately held Virgin Group, filed for bankruptcy in April after being denied a $964 million
Can Six Flags Handle a Recession?
Large crowds, long lines, and high-touch surfaces make an amusement park the perfect incubator for a contagious disease like COVID-19. Nevertheless, Six Flags Entertainment (NYSE: SIX) is reopening
Is Southern Company Stock a Buy?
The Southern Company (NYSE: SO) is one of the largest utilities in the United States. It currently offers investors a yield of roughly 4.6%, toward the high end in the utility sector. However, it
Eldorado Must Sell Several Casinos to Win FTC Approval for Its Caesars Deal
Eldorado Resorts (NASDAQ: ERI) received a directive this morning from the Federal Trade Commission (FTC) on several casino properties it must divest to obtain regulatory approval for its planned
Thank Kanye West's Yeezy for Sending Gap Stock Flying This Morning
Shares of Gap (NYSE: GPS) were flying higher on Friday morning after the company announced a partnership with Kanye West's fashion brand, Yeezy. As of 10:40 a.m. EDT, the stock was up 32% but had
Why Luckin Coffee Stock Plunged 50% Today
Shares of Luckin Coffee (NASDAQ: LK) plummeted on Friday after the Chinese coffeehouse company disclosed that it will be delisted from the Nasdaq Stock Market.
As of 11:11 a.m. EDT, Luckin's stock
2 Cannabis Companies That Are Looking Desperate
Investors can't just rely on quarterly earnings results to assess how well a company's doing. Often it's what happens in between those reports that can offer a key glimpse into how well the business
FuelCell Energy to Join Russell 3000 Index
On Monday, FuelCell Energy (NASDAQ: FCEL) will find itself the new kid in the Russell 3000 Index. The company announced today that it expects to join the index, which tracks U.S. markets' 3,000
3 Hot Stocks That Can Double Again in the Second Half of 2020
There are dozens of stocks with market caps north of $1 billion that have more than doubled this year. Some of them will struggle to hold on to those gains, but there are some big winners in 2020
American Airlines to Pack More People on Planes
American Airlines Group (NASDAQ: AAL) said Friday it intends to lift capacity restrictions and offer all seats for sale beginning July 1 as the industry continues to balance a need to boost revenue
Could This Upcoming IPO Be the Next Teladoc?
It's always a lot more enticing to get in on an investment sooner rather than later -- buy early, and your long-term returns could be far greater. Teladoc Health (NYSE: TDOC) is an example of a
Is Wayfair Stock a Buy?
The coronavirus crisis has seen a lot of surprise winners, but few have been as big as Wayfair (NYSE: W), the online home goods seller. The stock is up over 900% since March lows.
Such returns are
PG&E Raises $5.5 Billion to Near Bankruptcy Exit
California-based utility PG&E (NYSE: PCG) filed for bankruptcy protection in January 2019 after a series of wildfires left it with potential liabilities estimated at $30 billion. In a Securities and
Dow Jones Sheds 400 Points as Nike Reports Dismal Results, Bank Share Buybacks Are on Hold
The coronavirus pandemic is far from over in the United States, and the stock market is beginning to wake up to that reality. The Dow Jones Industrial Average (DJINDICES: ^DJI) was down 1.6% at
Here's Why Wall Street's Experts Hate Robinhood's Most-Popular Oil Stock
Marathon Oil (NYSE: MRO) is among the 100 most widely held companies among retail investors using popular stock-trading app Robinhood. More than 200,000 of them have picked up shares of the
Netflix Has Twice as Many Top-Tier Original Series as HBO
"Content that matters to viewers is the real point of differentiation," HBO Max Chief Content Officer Kevin Reilly told the audience at AT&T's (NYSE: T) WarnerMedia event last October. Indeed, HBO
After a Three- Week Decline, Mortgage Forbearance Grows Again
Mortgage forbearance is once again trending upward after largely declining through most of June, according to the mortgage tracking company Black Knight (NYSE: BKI).
Active forbearance plans, when
Where Will Charles Schwab Be When the Day-Trading Boom Is Over?
Retail investors have flooded the market with record gusto during the pandemic. According to The Wall Street Journal, the three largest online brokers have recorded record numbers of new funded
3 Pieces of Outdated Retirement Advice You Should Ignore
Planning for retirement can be tricky, and most people can't do it entirely on their own. Enlisting the help of an expert or doing your own research online can be a smart financial move, but it's
Forget eBay, Amazon Will Be the Long-Term Winner From Lockdown Orders
When it comes to stay-at-home orders, part of the population is still anxious about going out, the other part seems to be going stir crazy. In a world where little seems certain, e-commerce has
Social Security: 3 Smart Ways to Get More Benefits
Did you know that decisions you make throughout your life will affect your Social Security retirement benefits? In fact, while the age when you claim benefits affects the amount you receive, some of
Occidental Petroleum Continues to Take Small Steps to Address Its Massive Debt
Occidental Petroleum (NYSE: OXY) took on a massive amount of debt to outbid Chevron for Anadarko Petroleum last year. That decision has since blown up in the company's face, evident by the 60%
Virgin Galactic Completes a Glide Test, Prepares for Rocket Tests
Virgin Galactic (NYSE: SPCE), the space tourism company founded by British billionaire Richard Branson, is on record saying it expects to begin carrying paying passengers to the edge of space this