Cassava Sciences (NASDAQ:SAVA) stock is in a tailspin after a lab denied it had prepared recent results for the biotech’s experimental Alzheimer’s disease treatment. Source: pathdoc / Shutterstock.com Following the news, Cassava shares fell approximately 50%, eliminating roughly $2.4 billion of value over three trading days. The rejection contradicts a statement from Cassava that Quanterix
Month: September 2021
The Hourly View for PAAS Currently, PAAS (Get Ratings)’s price is up $0.45 (1.68%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as PAAS has now gone up 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on
Air travelers wait in the ride share lot near a sign for Uber at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images Check out the companies making headlines in midday trading. Ambarella — Shares of the semiconductor company surged 20% after Ambarella beat expectations on
Novavax (NASDAQ:NVAX) stock could trade in the $100 billion market capitalization range like BioNTech (NASDAQ:BNTX) or Moderna (NASDAQ:MRNA). Except, unlike those companies, Novavax has not yet delivered. Source: Ascannio/Shutterstock.com It might be among the most-watched firms that did not yet bring a Covid-19 vaccine to market. Chances are low that it will slump like Altimmune
Chinese tech stocks have been having a dreadful summer. The cause of the selling is clear: Beijing is making major power moves. A month ago, China shocked investors by declaring that its for-profit education industry would no longer be allowed to operate. Education firms will need to transition to non-profit roles or shut down services
The Hourly View for NGM At the time of this writing, NGM (Get Ratings)’s price is down $-0.32 (-1.48%) from the hour prior. NGM has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend
In this video we will perform technical analysis of the stock charts and discuss if it is time to buy $DOCU stock now? We also perform fundamental analysis Docusign. Longer term we believe that $DOCU can outperform HelloSign, PandaDoc and Adobe ticker symbol $ADBE Please leave a comment, like and subscribe! . Resource Reference Articles
In this article CHPT CHWY SIG HRC LE HRL Check out the companies making headlines before the bell: Hormel (HRL) – The food producer reported adjusted quarterly earnings of 39 cents per share, matching forecasts, with revenue coming in above estimates. However, Hormel gave a weaker-than-expected full-year outlook, noting the impact of higher costs, although
Timing a market bottom is a notoriously difficult thing to do. So, I won’t claim that now is the definitive time to invest in Alibaba (NYSE:BABA) stock. Source: Kevin Chen Photography / Shutterstock.com However, pundits have to admit that the case for maximizing returns by buying low looks very near. The truth is that Alibaba
Investors were already selling Skillz (NYSE:SKLZ) stock before the company posted quarterly earnings results on Aug. 3. Source: Rawpixel.com/Shutterstock.com After the report, SKLZ stock slumped further. Clearly there is something the market does not like about this electronic gaming and multimedia firm. At these levels, investors might think the stock has less risk and more
The Hourly View for HTGC At the time of this writing, HTGC (Get Ratings)’s price is down $-0.07 (-0.44%) from the hour prior. The hourly chart shows that HTGC has seen 2 straight down hours. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. Regarding moving averages, it should first
Check out the companies making headlines before the bell: Didi Global (DIDI) – Didi rallied 4.3% in the premarket following a Bloomberg report that Beijing was considering taking a stake in the ride-hailing company and possibly bringing it under state control. It is unclear what size stake Beijing would consider taking in the company. Netflix
Allegations of fraud against Cassava Sciences (NASDAQ:SAVA) are unlikely to stop its Alzheimer’s drug candidate from quickly advancing to a Phase 3 clinical trial. As a result, I remain very bullish on SAVA stock. Source: Shutterstock One of the most important reasons is an issue that hasn’t been explored very much yet. Specifically, none of
On Sept. 1, Zoom Video (NASDAQ:ZM) stock was executing a “dead cat bounce.” As in, even a dead cat will bounce if thrown from high enough up. Source: Michael Vi / Shutterstock.com After reporting “disappointing” results, net income of $317 million, $1.04 per share, on revenue of $1.02 billion, up 54% year over year, the
The Hourly View for KOD At the time of this writing, KOD (Get Ratings)’s price is up $0.84 (0.92%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The
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In this article DIDI Budrul Chukrut | LightRocket | Getty Images Shares of Didi are poised for double-digit gains this week amid a Bloomberg News report that Beijing is eyeing a plan to take the troubled ride-hailing giant under state control by acquiring a stake through government-run firms. State-owned Beijing Tourism Group and other companies
Visitors crowd around the Nvidia booth at the 2016 China Digital Entertainment Expo, known as ChinaJoy, in Shanghai. STR | AFP | Getty Images Check out the companies making headlines in midday trading. Didi Global — Shares of the Chinese ride-hailing giant climbed 3%, on pace for double-digit gains on the week amid a Bloomberg
Oil prices pushed past $70 for the first time in a month in late-day trading Thursday. The rally is breathing new life into the energy sector, which is up 2.5% at this writing. For the past quarter, energy stocks have been lagging the broader market, so shareholders are cheering the newfound strength. To celebrate the
Nvidia (NASDAQ:NVDA) stoc has pulled back from the all-time highs after a red-hot run post-earnings. Source: Sundry Photography / Shutterstock.com NVDA stock traded just past the $230 level before ultimately losing momentum. Certainly, some of the rally was warranted given the earnings beat and dovish Fed speak from Jackson Hole. The relentless rally has now