Baron Rothschild, an 18th-century English nobleman, has been credited with the famous saying, “The time to buy is when there’s blood in the streets.” Rothschild used that idea to build his fortune, and many other famous investors have done the same over the last three centuries.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Keybanc lowered the price target for Bumble Inc. (NASDAQ: BMBL) from $25 to $24. Keybanc analyst Justin Patterson maintained an Overweight rating. Bumble shares rose 0.9% to $16.65 in pre-market trading.
Gainers
Missfresh Limited (NASDAQ: MF) jumped 168% to $1.38 after the company announced entry of share purchase agreements for financing and business acquisition.
Gainers
Tupperware Brands Corporation (NYSE: TUP) shares surged 53.3% to $5.40 in pre-market trading after the company announced a debt restructuring agreement.
Atlantic Equities raised the price target for Johnson & Johnson (NYSE: JNJ) from $167 to $170. Atlantic Equities analyst Steve Chesney maintained a Neutral rating. Johnson & Johnson shares rose 0.1% to $170.70 in pre-market trading.