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Puma Biotechnology (NASDAQ:PBYI – Get Free Report) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Wednesday. Separately, HC Wainwright decreased their target price on shares of Puma Biotechnology from $8.00 to $7.00 and set a “buy” rating for the company in a research report […]
Institute for Wealth Management LLC. cut its position in shares of KLA Co. (NASDAQ:KLAC – Free Report) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,428 shares of the semiconductor company’s stock after selling 53 shares during the period. Institute for Wealth […]
CNBC's Jim Cramer reviewed Tuesday's market action, saying stocks that saw losses like Nvidia and Eli Lilly remain winners.
Stocks mostly rebounded on Thursday, pushed higher by a rally in technology shares, with the Nasdaq sweeping to its first record close in almost three weeks. The Dow Jones Industrial Average fell only by about 3 points, or less than 0.1%, ending near 38,459. The S&P 500 index added almost 38 po
The stock of Ibotta, a digital marketing platform backed by Walmart Inc., soared 27% in its trading debut on Thursday, after the deal priced at $88, a full $4 above its proposed price range. The company allows consumer packaged goods companies to offer promotions to customers through a network of p
Trading in options tied to the Cboe Volatility Index, better known as the Vix or Wall Street's
A stock-market streak that had become emblematic of the S&P 500's blistering five-month rally is about to break. The S&P 500 is on track to close below its 50-day moving average on Monday for the first time in 110 trading days, according to Dow Jones Market Data. This would snap the index's longest
U.S. stocks closed lower on Monday, with the Dow cementing a sixth straight session in a row of declines, as investors worried about possible next steps in the Mideast conflict. The Dow Jones Industrial Average shed 248.13 points, or 0.7%, ending at 37,735.11. The S&P 500 index dropped 61.59 po
U.S. large-cap stocks just posted their largest weekly outflow since December 2022, strategists at BofA Global Research said Friday. Outflows from U.S. large-cap funds were $15.8 billion in the week ending Wednesday, the highest in 16 months, while stocks in general saw $19.6 billion of outflows fo
U.S. stocks ended sharply lower Friday, with the Dow Jones Industrial Average booking a large weekly loss on investor anxiety over inflation and geopolitical tensions in the Middle East. The Dow dropped 475.84 points, or 1.2%, to close at 37,983.24. The S&P 500 fell 75.65 points, or 1.5%, to fi
Strength in several mega-cap tech and communication services stocks kept the main indexes higher Thursday.