Text size George Whitesides, left, will become Virgin Galactic’s chief space officer. Michael Colglazier takes over as CEO. Courtesy of Virgin Galactic. Shares of Virgin Galactic, a pioneer of space tourism, shot up after the company named a new CEO. He comes from Disney and the former CEO stays. The …
Read More »Virgin Galactic shares skyrocket to 4-month high after CEO transition, bullish analyst call
Shares of Virgin Galactic Holdings Inc. SPCE, + 15.87% 14.9% in active trading soared toward a four-month high in Thursday morning trading, after Vertical Research analyst Darryl Genovesi reiterated his bullish stance on the space travel company after the appointment of a former DIS from Walt Disney Co., -1.20% executive …
Read More »Jones Jones Industrial Average Slips, Tesla Stock Slides and Walt Disney Drops
Text size Another day, another touch of technology. The Nasdaq Composite has been outperforming the rest of the market this year, but the preference for the heavy tech index appears to have ended this week. Shortly after Thursday’s opening, the Nasdaq Composite fell 1%, while the S&P 500 and Dow …
Read More »Disney Shares Earn a Buy Rating in Goldman for Underestimated Transmission Potential
Walt Disney Co. DIS, + 0.26% It could rack up more than 150 million Disney + streaming subscribers by 2025, wrote Goldman Sachs analyst Brett Feldman, who began hedging the media giant’s shares with a buy rating and a $ 137 price target on Monday. The company had 54.5 million …
Read More »Stock market gains despite coronavirus spread, disappointing unemployment claims
Text size Illustration by Mike Haddad. Investors analyzed concerns about the virus midday Thursday, taking advantage of some early gains even amid mixed data. The Dow Jones Industrial Average and S&P 500 rose 0.2% in recent trade, while the Nasdaq Composite rose 0.4%. The latest unemployment figures show that while …
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