Autos
WKHS Stock Soars After Reaching a $41 Million Financing Deal
WKHS stock is moving up sharply on Friday after Workhorse Group Inc (NASDAQ:WKHS) said that it has entered into a $41 million financing agreement with an institutional lender. Major Boost One of the companies that ... [Read]
Retail
JCP Stock Surges 10% on Small Q3 Loss, Sees Lower Sales Going Forward
JCP stock is moving higher this morning after JC Penney Company Inc (NYSE:JCP) reported a narrower-than-expected loss for the third quarter. Lower Losses The iconic department store chain JC Penney has been in all sorts ... [Read]
Autos
NIO Stock Drops on Industry Association Sales Forecast
NIO stock is in the red this week after the China Association of Automobile Manufacturers (CAAM) published new data that indicated a year-over-year decline in sales of electric vehicles (EV). Slumping Sales Sink NIO Stock NIO ... [Read]
Beverages
BREW Stock Soars on Big Acquisition News: BUD Extends Partnership
BREW stock is the biggest gainer in Tuesday’s trading session after Anheuser-Busch InBev (NYSE:BUD) said that it will buy the remaining 68.80% of Craft Brew Alliance Inc (NASDAQ:BREW) that it doesn’t already own for $16.50 a ... [Read]
Autos
NIO Stock Soars on Upbeat October Deliveries: What Next?
NIO stock is posting one of its biggest one-day gains in the recent months after NIO Inc (NYSE:NIO) reported a 25.10% jump in October deliveries. Short-Term Relief? It is now a well-known fact that the ... [Read]
Entertainment
Small-Cap Esports Stocks with Scarily Good Potential
The esports industry is exploding at a truly remarkable rate, firmly cementing its position as a formidable entertainment outlet on par with some of the most popular traditional sports. The 127 million people who tuned ... [Read]
Retail
BBBY Stock Down 4% After Company Discloses Data Breach
BBBY stock is in the red today after Bed Bath & Beyond Inc (NASDAQ:BBBY) reported a data breach in which email and password credentials were obtained by an outside source. However, no payment details were ... [Read]
Autos
NIO Stock Slumps After CFO Resignation: What to Expect Now
NIO stock tumbles 5% after NIO Inc (NYSE:NIO) announced that CFO Louis T. Hsieh resigned from the company for personal reasons, effective October 30, 2019. Another Setback for NIO While it is true that electric ... [Read]
Autos
NIO Stock Takes a Hit Amid Growing Pessimism: What to Expect Next?
NIO stock has been witnessing a heavy selling pressure since early March due to lingering uncertainty. Let’s analyze the key drivers for NIO Inc (NYSE:NIO). Analysts are Still Bearish Last year, Chinese electric vehicle manufacturer ... [Read]
Entertainment
EROS Stock Soars 17% on Dolby Deal: Why This is Significant
EROS stock is moving up on Monday after Eros International plc (NYSE:EROS) reached a deal to support Dolby Technology (NYSE:DLB) in its streaming platform. Major Boost Video streaming is an industry that has exploded in ... [Read]