Month: June 2019
Luckin Coffee is already pleasing Wall Street analysts
This Chinese company is hardly two years old, it went public less than a month ago, and is already getting…
Airline stocks shine after American pushes through another fare hike
Days after taking the hard decision to extend flight cancellations into the busy travel season, in connection with the grounding…
Vince Holding posts wider loss in Q1, reaffirms FY19 outlook
Vince Holding Corp. (VNCE) reported a wider loss for the first quarter of 2019, due to higher costs and expenses…
Broadcom delivers mixed Q2 results; slashes FY19 revenue outlook
Broadcom (Nasdaq: AVGO) surpassed Q2 earnings estimates, while it missed on revenue targets. Shares of Broadcom slumped about 7% in…
Abbvie’s oncology push makes it an attractive stock
Abbvie (NYSE: ABBV) is one of the worse performing pharma stocks in the trailing 12-month period. The stock has declined…
Harborside stock heads lower after going public
The stock trend of California-centric cannabis company Harborside Inc. heads lower after going public on Monday under the “HBOR” ticker…
Disney gains after Morgan Stanley turns bullish on new streaming service
Seeing the great potential for Disney Plus, the soon-to-be-released streaming service from Walt Disney (NYSE: DIS), Morgan Stanley Thursday upgraded…
Alibaba files for Hong Kong listing that could raise $20 billion
Chinese e-commerce company Alibaba Group Holding (NYSE: BABA) is said to have filed for a Hong Kong listing confidentially. The…