Month: June 2019
Rating downgrade of Lam Research dampens recovery hopes; stock dips 4%
The recovery of Lam Research (LRCX) from last year’s lows had received a boost after the latest earnings report but…
Globus Maritime reports a decline in Q1 revenue
Shipping company Globus Maritime (Nasdaq: GLBS) reported its Q1 2019 results after the market close. Globus Maritime’s comprehensive loss for…
Dave & Buster’s Entertainment stock dips on weak Q1 revenue, FY19 forecast
Dave & Buster’s Entertainment (PLAY) reported a 0.5% rise in earnings for the first quarter of 2019 due to lower…
Top 5 tech M&A announcements so far in 2019
The technology sector is fast evolving with new start-ups offering innovative services popping up on a regular basis. While acquisitions…
CymaBay Therapeutics stock drops to 2-year low after bitter NASH study data
CymaBay Therapeutics (NASDAQ: CBAY) stock fell to a two-year low of $4.82 on Tuesday after disappointing nonalcoholic steatohepatitis (NASH) trial…
Grubhub stock rallies after Amazon exits food delivery business
Whenever Amazon (Nasdaq: AMZN) forays into a new business, the traditional players turn cautious and look for ways to protect…