Stock

  • Outdoor Company’s Stock Plummets after Hints It May Sell Off Gun Brand

    Vista Outdoor, a manufacturer of guns, ammunition, and other outdoor gear, experienced a sudden and sharp decline in its stock price after announcing the potential sell off of its rifle and shotgun brand Tuesday. Vista’s share price was down 15 percent Tuesday afternoon after CEO Chris Metz announced a...
  • Apple’s $100 billion stock buyback overshadows iPhone

    (Reuters) – Apple Inc reported resilient iPhone sales in the face of waning global demand and promised $100 billion in additional stock buybacks, reassuring investors that its decade-old smartphone invention had life in it yet. Apple’s quarterly results topped Wall Street forecasts, which dropped ahead of the report on...
  • Snap Stock Plunges 15% On Disappointing Earnings That It Partly Blamed on Redesign

    Snap’s stock cratered 15% on Tuesday after reporting disappointing revenue that it partly blamed on a misguided redesign of its flagship service, Snapchat. Its shares tumbled $2.34 to $11.79 in after-hours trading, marking one of their lowest points since the company’s initial public offering in March 2017. Snap said...
  • Gains for Amazon and Microsoft help US stocks edge higher

    NEW YORK (AP) — Online retailer Amazon is surging to new highs Friday following a strong first quarter and tech giants Microsoft and Intel are also climbing, but U.S. stocks are just modestly higher overall. Weak results from Exxon Mobil are weighing on energy companies. Asian stocks climbed following...
  • Netflix Stock Has a Lot to Prove on Monday

    Netflix Stock Has a Lot to Prove on Monday – The Motley Fool Earnings season is here, and Netflix(NASDAQ:NFLX) is one of the first growth stock bellwethers to report. The world’s leading premium video service reports after the market close on Monday, and expectations are running high. Netflix’s guidance...
  • On first day of the month stocks fell sharply…Here’s why

    Stocks fell sharply on the first trading day of the month and the quarter as a decline in Amazon shares put pressure on the broader tech sector Monday. The Dow ended nearly 458 points lower after sinking more than 700 points, with Intel as the worst-performing stock in the...
  • Facebook Stock Pressured on #DeleteFacebook Trend

    Shares of social media giant Facebook Inc. (FB) slid yet another 2.7% on Thursday, closing down at $164.89 and reflecting an over 10% decline this week on news of a major data scandal. As the Silicon Valley giant faces heightened pressure in all directions, from its shareholders, the media,...
  • Starbucks to give workers raises, stock grants due to tax law

    NEW YORK (AP) — Starbucks is giving its U.S. workers pay raises and stock grants this year, citing recent changes to the tax law. All employees will soon be able to earn paid sick time off, and the company’s parental leave benefits will include all non-birth parents. Starbucks Corp....
  • Bitcoin nears $10,000 after post-Thanksgiving rally

    Bitcoin’s vertiginous ascent showed no signs of abating on Monday, with the cryptocurrency soaring to another record high just a few percent away from $10,000 after gaining more than a fifth in value over the past three days alone. The digital currency has seen an eye-watering tenfold increase in...