Based in India, Ankit is a financial content writer and stock market
analyst. He has worked for almost a decade on several financial
projects related to the stock market news, fundamental research and
technical analysis for several websites. He obtained his Masters
Degree In finance (MS – finance) from ICFAI. Currently, he serves as
a financial consultant and technical analyst at Tradersinsights.com.
When a pharmaceutical company reveals information about success in a clinical trial of one of its products, then it almost always has a positive effect on the stock price. That is what happened with CVM …
Chinese electric carmaker NIO Inc (NYSE:NIO) is struggling after the company reported a wider-than-expected loss in Q2 as well as several layoffs in late September. NIO stock has lost 60% since September 20.
On Friday, PRGS stock slumped 12% after Progress Software Corp (NASDAQ:PRGS) reported lower-than-expected sales in the third quarter. Moreover, the company lowered its revenue estimate for the current quarter to $116–119 million from $122.1 million. …