Shares of GW Pharmaceuticals PLC-ADR GWPH 1.12% are up nearly 120 percent in early Monday trading after the company announced positive Phase III data on Epidiolex. The study found that the drug significantly reduced seizures in children suffering from Dravet Syndrome, a condition for which there are currently no FDA-approved treatments.
Upstart World Wrestling Entertainment, Inc. WWE 4.42% competitor Lucha Underground is reportedly in talks with Netflix, Inc. NFLX 1.06% to bring at least one season of content to the streaming service. Lucha Underground premiered its first season of professional wrestling programming in late 2014.
WTI crude oil prices have soared 37.6 percent in the past month, but the market remains divided on whether the oil rally is for real. Shares of the United States Oil Fund LP (ETF) USO 0.76% have only risen 28.0 percent during the past month, an indication that many investors are not convinced that the…
The type of realistic virtual reality technology that seemed like science fiction a few years ago is finally taking its first steps toward mainstream entertainment. Unfortunately, the fledgling VR industry may soon be defined by its advertisements.
The solar power industry got some good news from Spain this week, as the Spanish parliament agreed to remove the controversial “sun tax” on solar energy self-consumption. Shareholders of SolarCity Corp SCTY 1.08% and Canadian Solar Inc. CSIQ 1.67% are counting the decision as a moral victory. For now, the market seems far more concerned…
Researchers at the University of Toledo have found a link between extended television “binge watching” and both depression and anxiety. Binge watching has become increasingly popular since Netflix, Inc. NFLX 0.96% has begun making entire new seasons of hit shows like “House of Cards” and “Orange is the New Black” available all at once.
Every March since 2009, Wall Street revisits the anniversary of the now-seven-year-old bull market and celebrates some of the market’s biggest winners of the huge rally. But with the S&P 500 stumbling out of the starting gate so far in 2016, here’s a look at three of the worst-performing big-name stocks since March 9, 2009: First…
It can be extremely difficult to buy a stock that has been under-performing the market. However, three big-name activist investors believe that the huge selloffs in CONSOL Energy (CNX), Valeant Pharmaceuticals (VRX) and Hertz Global Holdings (HTZ) are excellent buying opportunities for patient investors.
Analysts, economists and industry experts have been calling for a bottom in oil prices for nearly two years now. With WTI recently surging above its previous peak in late January, traders with long positions in the United States Oil Fund ETF (USO) and other are wondering if crude oil has finally actually bottomed.
The U.S. shale oil collapse has now gotten so bad that it is beginning to impact other areas of the economy. In fact, for shareholders of BOK Financial Corporation (BOKF), Cullen/Frost Bankers, Inc. (CFR) and Texas Capital BancShares Inc (TCBI), the energy slump is already making a meaningful impact on the regional banking business.