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Why Shares of DraftKings Plunged 8.9% Today
Why Shares of DraftKings Plunged 8.9% Today

Shares of DraftKings (NASDAQ: DKNG) plunged as much as 8.9% in trading Thursday as a pullback in gambling stocks continued. At 12:50 p.m. EDT shares were still down 4.9% on the day. 

The biggest

Why Shares of Ideanomics Are Falling Today
Why Shares of Ideanomics Are Falling Today

Shares of Ideanomics, Inc. (NASDAQ: IDEX) were plummeting today as investors reacted to a short-seller tweet by Hindenburg Research. The company's stock was down as much as 15.5% by midday.

As of

Beyond Meat Shares Fall After McDonald’s Lets Its "PLT" Test End
Beyond Meat Shares Fall After McDonald’s Lets Its "PLT" Test End

Stocks of plant-based meat maker Beyond Meat (NASDAQ: BYND) declined in morning trading Thursday after the news media belatedly learned that McDonald's (NYSE: MCD) had ended its Beyond Burger trial

Beyond Meat Shares Down Following McDonald's Deal Expiration
Beyond Meat Shares Down Following McDonald's Deal Expiration

Stocks of plant-based meat maker Beyond Meat (NASDAQ: BYND) declined in morning trading Thursday after the news media belatedly learned that McDonald's (NYSE: MCD) had ended its Beyond Burger trial

Salesforce Is Launching a Mobile Chat and Collaboration Tool, but Don't Call It a Slack Killer
Salesforce Is Launching a Mobile Chat and Collaboration Tool, but Don't Call It a Slack Killer

When the economic shutdown to bring COVID-19 to heel hit, the power of the cloud and mobility was unleashed -- albeit haphazardly. Organizations were sent scrambling to set up continuity plans and

Nasdaq Climbs Despite Retail Pressure From Ross, Ulta
Nasdaq Climbs Despite Retail Pressure From Ross, Ulta

The stock market's resiliency has been surprising lately, especially given all the uncertainty related to the coronavirus pandemic. Even with a rise in the number of COVID-19 cases reported, the

BANKRUPTCY WATCH: Chuck E. Cheese Latest to Declare as COVID-19 Takes its Toll
BANKRUPTCY WATCH: Chuck E. Cheese Latest to Declare as COVID-19 Takes its Toll

Kids food and entertainment chain Chuck E. Cheese filed for Chapter 11 bankruptcy protection as it was unable to contend with its business being forced to close throughout the COVID-19 pandemic.

It

Kroger Announces a Double-Digit Dividend Boost
Kroger Announces a Double-Digit Dividend Boost

Dazzling investors with more than +20% sales growth figures during its recent conference call, Kroger (NYSE: KR) announced today its Board of Directors greenlit a double-digit increase to its next

Why KB Home Stock Got Slammed Today
Why KB Home Stock Got Slammed Today

Shares of home-building company KB Home (NYSE: KBH) got slammed on Thursday, after the company reported results for the second quarter of 2020. As of 11:30 a.m. EDT, the stock was down 12%.

KB

GMS Inc. (GMS) Q4 2020 Earnings Call Transcript
GMS Inc. (GMS) Q4 2020 Earnings Call Transcript

Image source: The Motley Fool.

GMS Inc. (NYSE: GMS)Q4 2020 Earnings CallJun 25, 2020, 8:30 a.m. ET

Operator

Continue reading

Source Fool.com

Why Chesapeake Energy Stock Is Surging Today
Why Chesapeake Energy Stock Is Surging Today

Shares of Chesapeake Energy (NYSE: CHK) were up as much as 24% by 10:15 a.m. EDT on Thursday. While there wasn't any company-specific news fueling the oil stock's rally, there were two likely

Why Shares of Magenta Therapeutics Are Plunging Today
Why Shares of Magenta Therapeutics Are Plunging Today

Shares of Magenta Therapeutics (NASDAQ: MGTA) are down by 16.6% as of 11:39 a.m. EDT on Thursday after the company announced the pricing of a public offering of common stock on Wednesday evening

3 Tech Stocks I'm Buying When the Market Dips
3 Tech Stocks I'm Buying When the Market Dips

Investors have had to contend with unprecedented volatility in 2020, but so far it's actually been a pretty good year for many technology companies. No one knows exactly where the market is heading

Macy's Cuts 3,900 Corporate Jobs In COVID-19 Restructuring
Macy's Cuts 3,900 Corporate Jobs In COVID-19 Restructuring

Mall anchor retailer Macy's (NYSE: M) announced a radical restructuring program on Thursday, June 25. The company will eliminate roughly 3,900 corporate and management positions as a response to the

Why Rite Aid Stock Surged Today
Why Rite Aid Stock Surged Today

Shares of Rite Aid (NYSE: RAD) were moving higher after the nation's No. 3 drugstore chain turned in a better-than-expected earnings report, beating estimates on the top and bottom lines. The stock

Will Facebook Stock Surge to $300?
Will Facebook Stock Surge to $300?

The digital advertising market will recover sooner than many investors currently expect -- and Facebook (NASDAQ: FB) stands to profit handsomely.

So says Baird analyst Colin Sebastian. On Thursday

McCormick's Earnings Jumped Almost 30% Due to Pandemic-Driven Home-Cooking Trend
McCormick's Earnings Jumped Almost 30% Due to Pandemic-Driven Home-Cooking Trend

Leading spice and sauce company McCormick & Company (NYSE: MKC) reported fiscal second-quarter earnings Thursday that reflected the  shift to a stay-at-home lifestyle necessitated by the COVID-19

3 Stocks Immune to the Coronavirus
3 Stocks Immune to the Coronavirus

We're not getting any closer to cracking the COVID-19 code, and that's going to understandably make you nervous as an investor but even more so as a human being. This is a scary pandemic. However

Why AMC Entertainment Holdings Stock Plunged at the Open on June 25
Why AMC Entertainment Holdings Stock Plunged at the Open on June 25

Shares of movie theater operator AMC Entertainment Holdings (NYSE: AMC) fell nearly 13% in early trading on June 25. By 10:30 a.m. EDT the stock had regained some of that loss, but it was still down

Where Will Fastly Be in 1 Year?
Where Will Fastly Be in 1 Year?

Investors would be hard-pressed to find a tech stock hotter than Fastly (NYSE: FSLY) right now. The company's stock has skyrocketed 320% over the past three months, thanks to strong results in the

Almost Half of All Retirees Have to Make Big Spending Cuts Within 5 Years of Retiring, Report Says
Almost Half of All Retirees Have to Make Big Spending Cuts Within 5 Years of Retiring, Report Says

Running short of money is the biggest fear of many retirees. Unfortunately, it can happen sooner than you think. In fact, according to the Consumer Financial Protection Bureau, only 51% of retirees

The Stock Market Is Crawling Higher as Rite Aid, KB Home Give Mixed Messages
The Stock Market Is Crawling Higher as Rite Aid, KB Home Give Mixed Messages

Thursday morning gave investors some renewed confidence in the staying power of the stock market. Initially, major benchmarks dropped as market participants feared the rising numbers of COVID-19

Why Red Rock Resorts Fell Sharply at the Open on June 25
Why Red Rock Resorts Fell Sharply at the Open on June 25

Shares of casino operator Red Rock Resorts (NASDAQ: RRR) dropped as much as 15% in the first half hour of trading on Thursday. Although the company trimmed those losses, by 11:30 a.m. EDT the stock

Buying TJX Companies Stock Could Be the Smartest Thing You Ever Do
Buying TJX Companies Stock Could Be the Smartest Thing You Ever Do

Investors have a few good reasons to be worried about the short-term business outlook for TJX Companies (NYSE: TJX). The off-price retailer just reported its worst start to a fiscal year in decades

Invesco Mortgage Capital: Buy the Dip?
Invesco Mortgage Capital: Buy the Dip?

Mortgage real estate investment trusts (REITs) invest in real estate securities using borrowed money. In normal markets, that strategy work fine, and isn't much different than your neighborhood