Hertz Global Holdings Inc. HTZ Shares, + 62.90% They shot up 20% in active trading on Wednesday, leading them to break a 4-day streak in which they lost 38%, after Jefferies analyst Hamzah Mazari said his checks suggest that CarMax Inc. KMX, -2.08% and AutoNation Inc. AN, -5.42% You might …
Read More »The meat industry will completely disappear in 15 years, says the CEO of Impossible Foods
It is, without a doubt, the very definition of talking about your book. But founder and CEO of meat substitute maker Impossible Foods Patrick Brown made a bold claim in an interview with CNBC’s Jim Cramer. “ “This is why I believe that people are increasingly aware that plant-based products …
Read More »The stock market sees a panic-like sale on NYSE stocks, but Nasdaq exhibits panic buying conditions when Dow plunges 400 points
The sale of shares listed on the New York Stock Exchange on Wednesday morning exhibited panic-like trends, according to the Weapons Index, while the Nasdaq sale appears to indicate panic buying attributes. The Arms, a volume-weighted indicator of market breadth, generally increases when the stock market declines, the magnitude of …
Read More »Dow falls, Nasdaq pulls out of history as resurgence of coronavirus cases and trade tensions that make investors nervous
US stocks fell earlier Wednesday, after a second consecutive record close for the Nasdaq Compound, as investors worried about rising coronavirus cases in many states and trade tensions between the United States and Europe. How are the benchmarks working? The Dow Jones Industrial Average DJIA, -1.37% it dropped 222 points, …
Read More »Aurora Cannabis was updated to prevent Stifel from selling it, as the company has ‘weathered the storm’
Stifel analysts updated the stock of Aurora Cannabis Inc. ACB, -1.02% GRASS, -0.76% did not sell on Wednesday, and said an update on the business offered Tuesday suggested it “has weathered the storm.” Analysts led by W. Andrew Carter raised their stock price target to C $ 17.50 ($ 12.89) …
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