Shopify Inc (US) SHOP 3.07% stock has been all over the map so far in 2017, surging from under $45 per share at the beginning of the year to as high as $123.94 in September. However, the stock has since tanked to below $90 per share before rebounding to trade at around $95.70 on Wednesday.
Kroger Co KR 0.59% stock jumped more than 5 percent on Wednesday after the company revealed it’s considering selling 784 of its convenience stores, which include brands such as Turkey Hill Minit Markits, Loaf ‘N Jug, KwikShop, Tom Thumb and QuickStop. The company has hired Goldman Sachs to help it review its options.
Amazon.com, Inc. AMZN 0.33% has been the talk of Wall Street for years now due to its disruptive retail track record and disruptive potential in new markets, such as the pharmacy business. But despite the trail of dead Amazon has left in the retail sector, one unlikely company has overcome the odds and thrived in presence of the…
It’s been a long road for MannKind Corporation MNKD 0.61% and its Afrezza inhalable insulin product. However, a generous new FDA label this week may be the light at the end of the tunnel. Here’s a look at inhalable insulin’s long journey and what the new FDA ruling means for MannKind.
Corcept Therapeurtics Incorporated CORT 0.23% shares are down more than 7 percent Tuesday after the company seemingly reported a steep decline in Korlym prescriptions. However, the stock is bouncing off its lows on what Stifel analyst Adam Walsh says is a simple misunderstanding.
Rumors that Amazon.com, Inc. AMZN 0.33% may soon be jumping into the pharmacy business have weighed on drug retailers Walgreens Boots Alliance Inc WBA 2.09% and CVS Health Corp CVS 2.85%. However, pharmacy benefit managers, which serve as middlemen between insurers and pharmaceutical companies, may be hit the hardest by new competition from Amazon.
It’s been a great year for the stock market in 2017, with the S&P 500 up 13.7 percent year to date. However, you wouldn’t know it by looking at oil services stocks, which have been hit hard by persistently low oil prices.
Nvidia Corporation NVDA 5.27% stock jumped 3.2 percent on Tuesday after the company issued two press releases related to Nvidia’s role in two of the highest-growth technology fields in the world — artificial intelligence and autonomous vehicles.
President Donald Trump continued his public spat with the NFL on Tuesday morning when he posted a tweet criticizing the NFL for taking advantage of “massive tax breaks” while also disrespecting the American flag by protesting during the national anthem before games.
Every year, World Wrestling Entertainment, Inc. WWE 0.74%investors and fanatics tune in for the Hell in a Cell pay-per-view event in anticipation of witnessing some memorable moments. This year’s event in Detroit on Oct. 8 did not disappoint, with CEO Vince McMahon’s own son providing the highlight of the night.