June 4, 2020 2:46 pm
The multinational e-commerce corporation, eBay, enjoyed an 8.8% jump in shares in premarket trading Thursday. The surge in the company’s stock came after eBay announced a quarterly performance exceeding expectations. Due to the increase in sales, the eBay predicts adjusted earnings ranging between $1.02 and $1.06 per share. If this forecast turns out to be […]
Read moreJune 4, 2020 10:08 am
Investors were cautious in Thursday trading, with European stocks declining after the recent decision of the European Central Bank. The Stoxx Europe 600 dipped 0.5% as it was announced that the €750 billion Pandemic Emergency Purchase Program of the European Central Bank is expected to be expanded. This decision was provoked by the concerns of […]
Read moreJune 3, 2020 2:35 pm
The ridesharing company Lyft was among the stocks that rose in premarket trading Wednesday. With the interest in the company rising, Lyft’s stock was up 5.7% before the start of the trading session. Investors felt motivated after the company reported a 26% boost in rides during May. The jump in rides shows that the company’s […]
Read moreJune 3, 2020 9:50 am
On Wednesday, European stocks rose as hopes for economic recovery increased due to the progress in the Chinese services sector. This made investors believe that the tension between China and the US may not be as damaging as everyone feared. Renault is also among the top European stocks soaring on Wednesday. The carmaker’s shares surged […]
Read moreJune 2, 2020 2:41 pm
Investors remained hopeful for US stocks, which were expected to open higher on Tuesday. Despite the civil unrest in different parts of the US, futures for the Dow Jones Industrial Average, the S&P 500 Index and the Nasdaq-100 were higher in premarket trading. Pfizer is among the stocks that investors will keep an eye out […]
Read moreJune 2, 2020 9:51 am
Shinsei shares increased 2.04% in Tuesday trading, following the banking company’s statement for a major acquisition. The Japanese financial institution announced that it will acquire one of the biggest non-bank finance providers in New Zealand, UDC Finance Ltd. To this day, this will be the biggest overseas acquisition deal for Shinsei. The Japanese company is […]
Read moreJune 1, 2020 2:28 pm
Amid the protests that spread across the US and the simmering Sino-US tensions, Wall Street futures remained steady in Monday trading. This being said, the protests against police brutality and racism caused a drop in the shares of some companies that were forced to close stores or adjust their working hours. Target’s shares declined 2% […]
Read moreJune 1, 2020 10:10 am
European shares increased on Monday as hopes for economic recovery were restored. Investors were relieved after President Trump’s warnings towards China were not as harsh as everyone expected. This led to a 1% jump of the STOXX 600 Index in early Monday trading, with a potential for a three-month high for European shares. The Italian […]
Read moreMay 29, 2020 2:07 pm
Sonoma Pharmaceuticals’ shares almost tripled in premarket trading Friday. The huge jump is due to the latest news surrounding one of the company’s products. Sonoma Pharmaceuticals, along with MicroSafe Group, developed the Nanocyn disinfectant and sanitizer, which was added to the Australian Register of Therapeutic Goods (ARTG) and can be used against COVID-19. In premarket […]
Read moreMay 29, 2020 12:08 pm
Friday was JDE Peet’s stock market debut and the company’s shares surged 13%. Investors were impressed by the coffee retailer’s IPO, which was one of the few high debuts on the stock market during the coronavirus pandemic. JDE Peet’s is the owner of brands like Douwe Egberts, Peet’s Coffee and Jacobs and its shares were […]
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