Zogenix, Inc. ZGNX 3.37% shares jumped another 5.6 percent Monday morning after exploding higher by 172 percent Sept. 29 in the wake of positive data on anti-epileptic drug ZX008. Shares of GW Pharmaceuticals PLC-ADR GWPH 0.31% plummeted 9.6 percent last Friday as well, and dropped another 2.3 percent Monday as investors see ZX008 as a potential threat to GW’s Epidiolex epilepsy treatment…
The Buckingham Research Group has initiated bullish coverage of a handful of payment stocks Monday. Analyst Chris Brendler sees plenty of opportunities for investors to turn a profit in the payment space, and he said the rising tide in payments will lift a number of ships.
Online brokers are a simple solution for do-it-yourself investors who would rather manage their own portfolios than pay someone else to do it for them. These days, investors can buy and sell stocks and other assets on their own with the click of a button, and they can also avoid many of the costly commissions…
It has been an eventful couple of weeks for bitcoin traders trying to predict where the cryptocurrency is headed next. But amid the rampant short-term speculation, many long-term investors looking to derive a true underlying value for bitcoin don’t even know where to start.
Shares of homebuilder KB Home (NYSE: KBH) jumped 9 percent Friday after the company reported third-quarter revenue and earnings that topped analyst expectations. Despite the positive numbers, KB Home stock already trades at a generous valuation, and analysts see limited upside for the stock from its current price.
Roku Inc (Nasdaq: ROKU) got off to a hot start to its public life on Thursday when the highly anticipated IPO closed its first trading day up more than 67 percent. IPO investors appreciate the instant gains, but long-term investors should think twice before getting burned by the red-hot stock.
BlackBerry Ltd (Nasdaq: BBRY) stock jumped more than 17 percent on Thursday after the company reported record software sales in the second quarter. In addition, BlackBerry delivered a surprise profit and exceeded revenue expectations.
China represents the world’s second-largest economy and a major high-growth market for investors. Unfortunately, the Chinese government has made the country a tough nut to crack for many American companies. But potential changes to China’s policies on electric vehicles may soon open up the flood gates for Tesla Inc (Nasdaq: TSLA).
Micron Technology Inc. (Nasdaq: MU) stock jumped 7 percent Wednesday morning after the semiconductor giant reported fiscal fourth-quarter earnings and revenue that topped market expectations. Micron also issued first-quarter guidance that beat analyst forecasts.
Federal Reserve Chair Janet Yellen says the central bank shouldn’t wait for 2 percent inflation to continue raising rates, suggesting another rate hike by the end of the year is extremely likely.