Short-selling firm says it’s covered its bet against AMC
A short-selling research firm says it’s covered its bet against cinema chain AMC Entertainment at a profit.
A short-selling research firm says it’s covered its bet against cinema chain AMC Entertainment at a profit.
JPMorgan Chase, Bank of America and Citigroup on deck with quarterly results
Shares of Zuora Inc. ZUO, 4.68% are up 3.4% in premarket trading Monday after Needham analyst Joshua Reilly assumed coverage of the software stock from a colleague and upgraded it to buy, setting a $24 price target. “We believe Zuora will accelerate billings growth thanks to changes to its go-to-market and product strategy,” he wrote.
Oil futures began the week with additional gains Monday, with the U.S. benchmark on track to finish above $80 a barrel as a global energy crisis continues to add to demand for crude.
ASOS shares slump on profit warning
U.S. stock indexes were seeing gains firm early Monday, as traders reacted to a jobs report at the end of last week that showed weaker-than-forecast employment growth and prepared for the release of third-quarter earnings.
Shares of Intercontinental Exchange Inc. ICE, +1.34% rallied 1.34% to $128.10 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.19% falling 0.19% to 4,391.34 and Dow Jones Industrial Average DJIA, -0.03% falling 0.03% to 34,746.25. This was the stock’s fourth consecutive day of gains. Intercontinental Exchange Inc. hit a new 52-week high, surpassing its previous peak of $127.06, which the company achieved on October 7th.
September job market-report falls well below forecast for 500,000
Businesses are eager to hire, but they can’t find enough workers to fill record job openings
Shares of Spirit Airlines Inc. SAVE, +0.50% inched 0.50% higher to $26.02 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -0.51% falling 0.51% to 14,579.54 and Dow Jones Industrial Average DJIA, -0.03% falling 0.03% to 34,746.25. The stock’s rise snapped a two-day losing streak. Spirit Airlines Inc. closed $14.75 short of its 52-week high ($40.77), which the company achieved on March 18th.