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Why Paysafe Stock Plunged by 10% on Friday
What happened
U.K.-based fintech Paysafe (NYSE:PSFE) had a lousy time on the U.S. exchange at the end of the week. On Friday, the company's New York Stock Exchange-listed stock took a 10% hit on some dispiriting news about the future of those shares.
So what
Just after market close on Thursday, Paysafe announced that its board of directors has…
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QURE Stock Rockets After FDA Approves Its Most Expensive Drug Ever
The Food and Drug Administration just approved its most expensive drug ever — a hemophilia B gene therapy from Carlisle Companies (CSL) and UniQure (QURE) — and QURE stock popped Wednesday.
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Meanwhile, BioMarin (BMRN) shares broke out after the FDA said it wouldn't hold an advisory committee meeting to discuss its hemophilia A gene…
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Why Tesla Stock Popped Today
What happened
Shares of Tesla (NASDAQ:TSLA) rose 3.9% on Wednesday following positive analyst remarks.
So what
New Street analyst Pierre Ferragu believes the electric vehicle (EV) maker's investors are in store for sizable rewards. He expects Tesla's stock price to soar more than 40% to $1,580 per…
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Nasdaq adds 1.9%, S&P 500 closes nearly 1% higher and notches best week since June
The S&P 500 closed out its best week since June as a report on Thursday showing slowing inflation raised hopes that the Federal Reserve would soon slow its tightening campaign.The broader market index added 0.9%, to close at 3,992.93. This brought its gain for the week to 5.9%, its best week since the one ended June 24 of this year. The…
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Why Ocugen Stock Couldn’t Outrun the Market Today
What happened
Like the broader stock market, Ocugen (NASDAQ:OCGN) shares ticked up well shy of 1% on Wednesday. The biotech had some good news to report about the coronavirus vaccine that it's licensing, but this didn't move the needle much for investors.
So what
This morning, Ocugen happily announced…
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Multibagger stock hits record high after warrants issue at 10% discount
Multibagger stock: .hares of Hi-Tech Pipes Ltd are one of the multibagger stocks on Dalal Street that has given strong upside bounce in…
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US Housing Market Not the Only Hit by Fed Rate Hikes: Solus Strategist
US home sales have fallen as the Federal Reserve's interest-rate hikes feed into borrowing costs.
Manufacturing and other sectors will soon feel the effects of Fed tightening too, Dan Greenhaus said.
The US economy is turning slowly like a large…
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Metal scrip gives 145% return in 2022. Do you own?
Multibagger stock: While stock market analysts are busy recommending multibagger stocks for 2022, some stocks have already entered the list of multibagger penny stocks for 2022 in India. Sacheta Metals shares are one of them. Tagged as a penny stock, Sacheta Metals share price surged from ₹19.55 to ₹47.55 apiece levels, yielding…
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Greek stock exchange board picks Kontopoulos as new CEO By Reuters
© Reuters. FILE PHOTO: A stock ticker shows stock options at the lobby of the Athens stock exchange building in Athens, Greece, August 20, 2018. REUTERS/Alkis Konstantinidis
ATHENS (Reuters) - The board of Hellenic Exchanges, the operator of Greece's stock and equity derivatives markets, picked Yiannos Kontopoulos as its new chief executive…
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Bear Decline to Resume Until 3 Things Happen
The global bear market that hit stocks in 2022 may spill over into next year, according to Goldman Sachs.The bank said investors are about to enter the "hope" phase as attention turns to a slowdown in interest rate hikes.These are the three factors Goldman Sachs wants to see to believe that the bear market is…
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