Facebook shares fell in pre-market trading on Monday, after Diageo and Starbucks became the latest companies to stop advertising on social media platforms for ineffective surveillance of hate speech. Shares of the social networking company FB, -2.48%, which operates Instagram and WhatsApp, in addition to its eponymous platform, fell more …
Read More »Dow futures are on the rise to start the week shortened by holidays, even as global coronavirus cases exceed 10 million
US stock index futures on Monday signaled a slightly higher open even as data over the weekend highlighted the persistence of the coronavirus at hotspots, including Florida, Texas and California, fueling concerns about economic prospects. Financial markets in the US will be closed on Friday in compliance with the July …
Read More »Beyond meat stock falls after double downgrade at Barclays
Beyond Meat Inc. BYND Shares, -2.52% They fell 2.5% in premarket trading on Monday after Barclays analyst Benjamin Theurer downgraded its stock rating by two levels, to underweight from overweight. Theurer is concerned about the “short and medium term headwinds” for the plant-based meat maker, especially as some food service …
Read More »Intercept Pharmaceuticals Receives Full FDA Letter of Response for Treatment of Fibrosis Due to NASH
Intercept Pharmaceuticals Inc. shares ICPT, -2.65% More than 30% fell in pre-market trade on Monday, after the company said it received a full response letter from the U.S. Food and Drug Administration regarding its new request for drugs for treatment. for fibrosis caused by non-alcoholic steatohepatitis, or NASH. The letter …
Read More »High volatility is here to stay in 2020. Goldman names 31 stocks to offer best risk-adjusted returns amid turmoil
The grim milestones of 10 million global coronavirus cases and more than 500,000 deaths, along with spikes in various U.S. states, have not deterred investors on Monday. US stock futures were on the upside before the open, despite further indications that a second wave may be just around the corner. …
Read More »