U.S. stocks were mixed, with the Nasdaq Composite trading almost flat on Monday.
Shares of CymaBay Therapeutics, Inc. (NASDAQ: CBAY) rose sharply in today’s pre-market trading.
ContextLogic Inc (NASDAQ: WISH) soars 35% as it plans to divest its Wish ecommerce platform assets to Qoo10 for $173 million, representing a significant premium.
Post-divestment, WISH will be debt-free with substantial net cash proceeds and aims to monetize its tax assets, exploring financial sponsor opportunities for value realization.
By the end of today, February 12, 2024, South Plains Financial (NASDAQ:SPFI) is set to deliver a dividend payout of $0.13 per share, equating to an annualized dividend yield of 1.90%. Shareholders who owned the stock prior to the ex-dividend date on January 26, 2024 will receive this payout.
On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended buying The Allstate Corporation (NYSE: ALL), which recently posted upbeat results for its fourth quarter.
As of Feb. 12, 2024, five stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
U.S. stock futures were mixed this morning, with the Dow futures trading lower by around 45 points on Monday.
Shares of monday.com Ltd. (NASDAQ: MNDY) fell sharply in today’s pre-market trading after the company reported fourth-quarter financial results.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
U.S. stocks closed mostly higher on Friday, while the S&P 500 closed above the 5,000 mark for the first time. For the week, all three indices recorded their fifth consecutive weekly gain with the S&P gaining 1.4% and the Dow adding 0.04% last week.