These are the stocks posting the largest moves in extended trading.
Check out the companies making headlines in midday trading: Micron Technology — Micron edged 2.7% higher after JPMorgan reiterated the stock as overweight ahead of the memory chipmaker's earnings, which are expected Wednesday after market close. Analyst Harlan Sur anticipates Micron's results will be boosted by strong artificial intelligence...
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Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
The Micron Technology Inc. offices in Shanghai on April 6, 2023.Qilai Shen | Bloomberg | Getty ImagesCheck out the companies making headlines in extended trading.Micron Technology — The chip stock slid 4% in extended trading after Micron offered weaker-than-expected earnings guidance for the current quarter. Micron said to expect...
Volume & Velocity When it comes to loans of this kind, another core component of return is the “upfront economics” of the transaction. This is the structuring fee that the lender receives up front for structuring and completing the transaction. Therefore, higher transaction volume leads to more upfront fees passed...
Jen Van Santvoord rides her Peloton exercise bike at her home in San Anselmo, California.Ezra Shaw | Getty ImagesPeloton shares spiked Wednesday after the company announced a five-year partnership to develop digital fitness content for Lululemon. As part of the agreement, Lululemon will become Peloton's primary athletic apparel provider....
Wells Fargo & Co. is buying the former Neiman Marcus space at Manhattan’s Hudson Yards for roughly $550 million and plans to convert it into offices, according to people with knowledge of the deal. The transaction includes about 400,000 square feet (37,000 square meters) spanning floors five through seven at...
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Cetera Financial Holdings senior management is planning a webinar Thursday afternoon with Avantax Inc.’s financial advisors to discuss questions raised by some of the 3,100 advisors in the wake of Cetera’s announcement earlier this month that it’s buying the tax-specialized broker-dealer for $1.2 billion. The advisors have plenty of questions...
Members of the United Auto Workers (UAW) Local 230 and their supporters walk the picket line in front of the Chrysler Corporate Parts Division in Ontario, California, on September 26, 2023, to show solidarity for the "Big Three" autoworkers currently on strike. Patrick T. Fallon | AFP | Getty ImagesDETROIT...
