What’s Going On With Wolfspeed Stock Thursday?
Wolfspeed reportedly postpones $3B Germany plant to focus on NY production due to weak EV markets. Faces investor pressure after stock fell 51% in past year.
What’s Going On With GameStop Stock On Monday?
GameStop (GME) shares rise after lower-than-expected earnings and Roaring Kitty's support for CEO. Net sales and EPS fall, but losses decrease.
GameStop Releases Q1 Results Ahead Of ‘Roaring Kitty’ Event, Files Prospectus To Raise Capital Via Equity Offering
GameStop's Q1 2024 results fell short of estimates with $0.882B net sales and $(0.12) EPS loss. Gross margin improved and Keith Gill's return boosted stock by 78% in past year.
Hertz Faces Tough Road Ahead: High Fleet Costs, Liquidity Concerns Trigger Downgrades
Hertz Global Holdings, Inc (NASDAQ:HRZ) navigates challenges with a 1.6% sales growth in Q1 FY24 to $2.08 billion. Despite a $(1.28) adjusted EPS missing estimates, analysts remain cautious. Goldman Sachs reaffirms a Sell rating, cutting the price target to $4 from $7. Concerns linger over HTZ's liquidity and fleet management, with ongoing scrutiny on First Lien Covenant compliance, especially amid a $400 million free cash flow burn projected for FY24.
If You Invested $1,000 In This Energy Drink Stock When COVID-19 Lockdowns Started, You’d Now Have Over $41,000 — And It May Be Time To Sell
Many stocks have had astonishing growth since the outbreak of the COVID-19 pandemic in 2020, owing to massive amounts of money pumped by central banks and government stimulus, which have fueled consumer spending and the economic recovery.
Becton Dickinson, Freeport-McMoRan, GXO Logistics And This Mid-Cap ETF On CNBC’s ‘Final Trades’
On CNBC’s "Halftime Report Final Trades," Liz Young of BNY Mellon Investment Management named iShares Core S&P Mid-Cap ETF (NYSE: IJH), saying that "mid-c