Super Micro Computer shares are falling sharply today – is this a buying opportunity ahead of the stock split?
Super-microcomputer (NASDAQ:SMCI) The stock is tumbling on Wednesday. The company’s share price was down 26.3% as of 11:30 a.m. ET, according to data from S&P Global Market Intelligence. Hindenburg Research published a brief report on Supermicro yesterday, accusing the company…
Why Ubiquiti shares fell 10% today
Specialist in wireless network equipment and solutions Ubiquiti (NYSE: User Interface) suffered a double-digit drop in its share price on the second trading day of the week. This was not due to any news coming directly from the company; rather,…
Why Lumen shares crashed today
Lumen (NYSE: LUM) The stock fell in trading on Tuesday. The company’s share price ended the day’s session down 14.5 percent, according to data from S&P Global Market Intelligence. Lumen fell today following a new short report on the stock…
Why Cronos Group shares are falling today
Shares of Cronos Group (NASDAQ: CRON) Prices were down 4.1% at 10:57 a.m. ET on Tuesday, having fallen as much as 5.7% earlier in the day. The decline came after the U.S. Drug Enforcement Administration (DEA) announced it would not…
Why Cava Group’s share price soared today
Shares of Cava Group (NYSE: CAVA) rose sharply today after the fast-casual restaurant chain delivered another strong earnings report with impressive growth in sales and profit. At 9:51 a.m. ET, Cava shares were up 14.1% following the news. Image source:…
Will Advanced Micro Devices stock rise to $200? One Wall Street firm thinks so.
Increasing demand for Advanced micro devices‘ (NASDAQ:AMD) Data center chips drove the stock to a high of $227 earlier this year. According to Wedbush, the stock is currently below that high – around $157 – offering an attractive entry point….
Why Amer Sports shares scored today
Many investors may not be familiar with the name American Sports (NYSE: AS)but they probably know the company’s famous brands. Amer Sports owns iconic sports and outdoor brands, including Wilson tennis rackets and soccer balls, Atomic and Salomon ski equipment,…
Why GDS Holdings shares rose 10% on Monday
A significant price target increase by an analyst led to significant price gains for GDS investments‘ (NASDAQ: GDS) US stock exchange listing on Monday. As a result, the Chinese data center company saw its American Depositary Shares (ADS) increase by…
Why Rivian shares fell on Friday and why investors shouldn’t panic
Rivian Automobiles (NASDAQ: RIVN) Shares fell on Friday afternoon after the company made a surprise announcement. While the focus on the electric vehicle (EV) maker recently has been largely on the unveiling of its next-generation SUV, today’s news revolved around…
Why Emergent BioSolutions Stock Is Soaring Today
Shares of Emergent biosolutions (NYSE: EBS) were up 19.5% as of 11:09 a.m. ET on Friday, after rising as much as 34.1% earlier in the day. The big jump came after the European Centre for Disease Prevention and Control raised…
