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 »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) …
Read More »CNG declares bankruptcy, with plans to close up to 1,200 stores
GNC Holdings Inc. GNC, -6.89% He filed for bankruptcy Tuesday night as he hopes to accelerate his plan to close at least 800-1,200 of his stores. The action has been halted by news since Tuesday night. The vitamin and wellness supplement retailer, with approximately 7,300 stores as of March 31, …
Read More »CNG declares bankruptcy, with plans to close up to 1,200 stores
GNC Holdings Inc. GNC, -6.89% He filed for bankruptcy Tuesday night as he hopes to accelerate his plan to close at least 800-1,200 of his stores. The action has been halted by news since Tuesday night. The vitamin and wellness supplement retailer, with approximately 7,300 stores as of March 31, …
Read More »Apple Stock Extends Rally As Analysts Talk About WWDC Speech
Text size Cindy Ord / Getty Images There weren’t many big surprises at Apple CEO Tim Cook’s keynote on Monday at the company’s World Developers Conference, but there was enough news to keep the bulls in stocks happy. Shares of Apple (ticker: AAPL) on Tuesday continued their march into the …
Read More »