Cruise ship operator stocks fell in premarket trading on Friday, after the Centers for Disease Control and Prevention (CDC) extended its “no-sail order” to cruises until September 2020 amid an increase in new cases of COVID-19. The previous CDC order expired on July 24. The shares of Norwegian Cruise Line …
Read More »Nio shares fall after Goldman Sachs turns bearish on valuation concerns
Shares of Nio Inc. NIO, -9.42% It plunged 6.8% in premarket trading on Friday after Goldman Sachs analyst Fei Fang turned bearish on the China-based electric vehicle maker, citing valuation concerns. It cut its rating to sell, after being neutral since early October. Its target share price is $ 7, …
Read More »Nio Stock Drops, Netflix Sinks and Dow Might Open Higher
Text size US stocks rose slightly in pre-trade, as investors worried about rising tensions between the US and China, as well as cases of coronaviruses continuing to rise in what appears to be a stereotypical summer. on Friday. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P …
Read More »The new Virgin Galactic CEO made a Star Wars attraction at Disney. Wall Street is stumped.
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 …
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