GameStop Corp
How Carvana went from a Wall Street top pick to trading with meme stocks
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Carvana CEO Ernie Garcia III regularly tells Wall Street that “the march continues” in the company’s mission to become the largest and most profitable used car retailer in the world. Its stock price has marched this year as well, just in the wrong direction for investors. Within […]
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Stocks making the biggest moves midday: Carvana, GameStop, AMC, General Motors and more
Check out the companies making headlines in midday trading Thursday. Carvana — Shares of the online used-car retailer popped 25%, alongside other heavily shorted stocks. Nearly 29% of Carvana shares available for trading are sold short, according to FactSet. The company has faced negative sentiment on Wall Street recently, with downgrades this month from Stifel, […]
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GameStop surges more than 30% and is halted in odd trading; AMC shares also pop
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Shares of two meme stocks surged on Thursday, adding an unexpected wrinkle for a stock market that has been dropping in choppy trading for more than a month. […]
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Robinhood shares fall as retail brokerage reports shrinking revenue, fewer active users
The logo for Robinhood is displayed on a smartphone in an arranged photograph. Gabby Jones | Bloomberg | Getty Images Retail brokerage firm Robinhood reported a wider-than-expected loss and shrinking revenue for the first quarter, showing signs that the small-dollar trading boom that captivated Wall Street a year ago may have run out of steam. […]
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Bed Bath & Beyond stock jumps on report company received bids for Buybuy Baby unit
A view of the atmosphere during the Whitney Port & Bundle Organics #MomAsYouAre buybuyBABY product launch on November 17, 2018 in Torrance, California. Randy Shropshire | Getty Images Bed Bath & Beyond’s shares have jumped on news that the company is considering offers to buy its BuyBuy Baby business. The news was reported by The […]
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Bed Bath & Beyond posts disappointing results after low inventory hurt business in the holiday quarter
Bed Bath and Beyond on Wednesday reported a surprising holiday-quarter loss, as the company ran low on inventory and struggled to move merchandise out of congested ports and onto shelves. Shares fell more than 10% in premarket trading, as investors weighed the news. CEO Mark Tritton said out-of-stock merchandise caused the company to miss out […]
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Earnings playbook: Big banks and an airline kick off the reporting season
The corporate earnings season will get going next week with some of the biggest U.S. banks slated to report. Source
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Keep an eye on these 9 beaten-down retail stocks, Jim Cramer says
CNBC’s Jim Cramer on Friday offered a list of nine discounted retail stocks that he believes could be great additions to investors’ portfolios. “Today we saw many of these discounted retailers rally nicely, but it will take many more days like today before these stocks come close to being expensive again. So, I would give […]
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Cramer’s week ahead: Own stocks that are cheap on a price to earnings basis
CNBC’s Jim Cramer on Friday previewed next week’s roster of earnings and advised investors to stick to companies that are profitable yet affordable for investors to own. “In this environment, you need to own companies that make stuff and do things profitably, but let’s add, also, with stocks that remain cheap on a price to […]
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Stocks making the biggest moves midday: Tellurian, Wynn Resorts, Snap, Walgreens and more
Water from a fountain sprays into the air in front of signage for the Wynn Macau casino resort. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading Friday: Tellurian — The liquified natural gas company (LNG) surged 19.4% after Credit Suisse upgraded Tellurian to outperform, saying LNG […]
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