Month: April 2020

Carson Block Anjali Sundaram | CNBC Carson Block’s Muddy Waters Research announced Wednesday it has taken a short position in eHealth Inc., which owns a digital health insurance exchange.  Block, the firm’s founder, disclosed the position on CNBC’s “Squawk Box.“ Muddy Waters argues eHealth, with a stock market value of $3 billion as of Tuesday’s close,
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Take a look at some of the biggest movers in the premarket: Dick’s Sporting Goods (DKS) – The sporting goods retailer will furlough an unspecified number of workers starting April 12. It will pay workers until April 11, and provide health benefits throughout the furlough. A similar announcement comes this morning from Party City (PRTY),
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As the number of coronavirus cases continues to rise globally, the airlines industry is among the worst-hit sectors. From its  52-week highs, United Airlines Holdings (NASDAQ:UAL) stock plunged by nearly 70%. After the announcement of the stimulus package and a bailout for airline companies, UAL stock rebounded sharply. Source: NextNewMedia / Shutterstock.com However, I still
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[Editor’s note: “5 Stocks That Could Double in 2020” was originally published in January 2020. It is continuously updated to include the most relevant information.] Over a year ago, I wrote a piece on InvestorPlace.com where I outlined 7 stocks that could double in 2019. The selections were pretty spot-on. Four of the seven stocks
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My colleague, Jim Cramer, made a very interesting recommendation Monday morning, calling on the U.S. Treasury to issue a $1 trillion, 30-year “war bond” to finance out battle against the coronavirus. He pitched the idea on CNBC to Larry Kudlow, who chairs the White House National Economic Council and promised to propose the idea directly
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Square payment system Source: Square Check out the companies making headlines after the bell. Pinterest — Shares of the social media company soared 14% in extended trading after Pinterest released preliminary results ahead of its first-quarter earnings call in May. The company expects revenue ranging from $269 million to $272 million in the first quarter. It
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We’ve seen a massive bounce off of the lows for the Gold Juniors Index (GDXJ), as many investors pile into the sector at fire-sale prices, given the sector’s robust earnings growth rates. While this significant rally has likely improved sentiment in the sector dramatically, it’s worth noting that it hasn’t done much to improve the
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