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GoPro Recovers From All-Time Low, Still Bombarded With Sellers
Thursday, January 14, 2016 - 12:21pm | 87GoPro Inc (NASDAQ: GPRO) shares are trading lower by $2.37 at $12.34 in Thursday's session. The issue was bombarded with sellers in the after-hours session, when the company slashed Q4 guidance. Off the open, the issue found buyers well ahead of the after-hours low ($10.29), bottoming in...
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Best Buy Plunges On Weak Holiday Comps; Stock Now At Lowest Level Since May 2014
Thursday, January 14, 2016 - 12:20pm | 101Best Buy Co Inc (NYSE: BBY) shares are trading lower $2.46 at $26.86 in Thursday's session. Investors are exiting the issue as the company reported domestic sales comps are down 1.2 percent year over year. After a sharply lower open, it continued in that direction until it found intraday...
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S&P 500 Index Futures Trading Higher In Volatile Session
Thursday, January 14, 2016 - 11:45am | 129S&P 500 index futures are trading higher by 22 points at 1903.50 in Thursday's session. After a higher open, the index gave back all of its gains and made a new low for the recent slide at 1871. It quickly rebounded from that low and made a new high at 1909. All but one of the top 10...
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Is Twitter Heading South For The Winter? Stock Headed For Another All-Time Closing Low
Wednesday, January 13, 2016 - 4:26pm | 104Twitter Inc (NYSE: TWTR) shares are trading lower by $1 at $18.62 in Wednesday's session. It is trading lower for the eighth day in a row. It has made a new all-time low four of the last five sessions. Over this time period, it has fallen from its year-end close of $23.14 to its current...
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Chipotle Higher Despite Market Rout
Wednesday, January 13, 2016 - 4:06pm | 108Chipotle Mexican Grill, Inc. (NYSE: CMG) shares are trading higher by $21 at $425.26 in Wednesday's session. Investors are piling back into the beaten-down based on comments by the company's CEO. He stated he was extremely confident the food poisoning outbreak won't happen again....
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FANG Goes Bang
Wednesday, January 13, 2016 - 3:34pm | 137The combined prices of the components of the FANG index (made famous by Jim Cramer) is getting destroyed. For those unfamiliar with the acronym, the letters represent Facebook Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX) and Alphabet Inc (NASDAQ: GOOG). At the...
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Crude Surrenders Gains
Wednesday, January 13, 2016 - 3:21pm | 48February Crude Oil futures are trading by $0.06 at $30.38 in Wednesday's session. After ending Tuesday's session at a multi-year low ($30.44), it rallied off the open but found sellers ahead of Tuesday's high ($32.21), only reaching $31.71. The ensuing decline has found intra-day support ahead of...
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S&P 500 Index Futures Tanking
Wednesday, January 13, 2016 - 2:52pm | 135S&P 500 index futures are trading lower by 24 points at 1901 in Wednesday's session. The index has been in a free fall from just moments after the opening bell. At this time it approaching Tuesday's low (1899), If that level gives way, the next support based on the daily charts...
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Street Not Impressed With Ford's Raised Guidance And Special $1 Billion Dividend
Wednesday, January 13, 2016 - 12:37pm | 105Ford Motor Company (NYSE: F) shares are trading lower by $0.35 at $12.50 in Wednesday's session. The Street is not reacting positively to the company's raised 2015 guidance and special $1 billion dividend. After a brief pop in pre-market trading over $13, it was unable to clear Tuesday...
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General Motors Pops And Drops
Wednesday, January 13, 2016 - 12:09pm | 96General Motors Company (NYSE: GM) shares are trading higher by $0.61 at $30.91 in Wednesday's session. Before the open, the company announced increased earnings outlook for 2016 and plans to increase returns to shareholders. Shortly after the announcement, the issue bolted to $32.18 in pre-...
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FXCM Gives Back Two-Day Gain
Wednesday, January 13, 2016 - 12:07pm | 291FXCM Inc (NYSE: FXCM) shares are trading lower by $2.60 at $14.33 in Wednesday's session. The issue staged a two-day rally from Friday's close ($13.60) to end Tuesday's session at $16.93. On Monday, the company announced a new partnership with a software developer for currency...
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GoPro Makes New All-Time Low For Fourth Day In A Row
Tuesday, January 12, 2016 - 4:28pm | 122GoPro Inc (NASDAQ: GPRO) shares are trading lower by $0.60 at $14.66 in Tuesday's session. Since briefly reaching $20.50 on January 5, the issue has shed over a quarter of its value in the last five trading sessions. Along the way, it has made a new all-time intra-day and closing low in...
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Another No Good, Very Bad Day For The Market?
Tuesday, January 12, 2016 - 4:24pm | 506There are bad days in the market and there are real bad days. Tuesday's price action has the potential to be characterized as a real bad day. A year that began with a thud is not faring much better in its second week. In Monday's session, the S&P 500 index futures opened sharply...
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Chipotle Attempting To Avoid First Close Under $400 Since July 2013
Tuesday, January 12, 2016 - 4:04pm | 115Chipotle Mexican Grill, Inc. (NYSE: CMG) shares are trading lower by $10 at $401.10 in Tuesday's session. The embattled restaurant hasn't been able to stabilize in price amid the rash of illnesses that have ravaged its customer base over the last couple months. Off the open, it rallied...
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Axiom's PreMarket Prep Comments Spook Sunedison Investors
Tuesday, January 12, 2016 - 1:43pm | 233Sunedison Inc (NYSE: SUNE)'s shares are trading lower by $0.81 (24 percent) at $2.52 in Tuesday's session. The widely followed issue as of late was the main subject with Gordon Johnson of Axiom Capital on Tuesday's PreMarket Prep broadcast. Johnson, who has been a long-term bear in...