For years, Amazon was known for bleeding money as it invested heavily in its businesses and rapidly increased revenue. Now, it hasentered a new erawith comparatively sluggish sales growth, but a consistently profitable business. Shares of Amazon (AMZN)initially rose 3%in after-hours trading Thursd...
The stock is plunged 30% in premarket trading after it missed analysts’ expectations, which is exactly what happened in March. If it opens Thursday at less than $19.04 per share, they will be at its lowest level ever. The company went public in September 2018. The stock has slid 45%...
Boeing(BA)shares slid 1.4% in premarket tradingafter the head of a global airline group said the troubled Boeing 737 Max likely won’t return to the air until August. Alexandre de Juniac, the director general of International Air Transport Association, told reporters that the plane won’t re...
But the stock is down 3.5% in premarket trading after warning that its second quarter sales will lower than expected. 7:38 p.m. 18:48:40, May 30, 2019 Dollar General is one of the winners in retail right now From CNN Business' Nathaniel Meyersohn Dollar General (DG) continues to...
But First Republic’s stock was down another 14% Friday in premarket trading. Other regionals, including Western Alliance and PacWest were also lower, and Reuters reported that PacWest was working to get a deal similar to First Republic’s. Meanwhile, investors remained skeptical of Credit ...
Even after it reported arecord lossand warned of a larger loss in the first quarter than in the most recent three months,American Airlinesshares took off like a rocket early Thursday. Shares were up as much as 87% at one point in premarket trading, with the help of investors postin...
A slew of new stimulus measures from the Federal Reserve provided a boost to premarket trading, but it didn’t help stocks end the regular trading day higher. The Dow finished down 3%, or 583 points. The S&P 500 closed down 2.9%. The index has now erased all of the gains accumulated...
Credit Suisse bled customer deposits worth 67 billion Swiss francs ($75.2 billion) in the first three months of the year, and money is still leaving the bank as UBS races to complete a rescue of its stricken rival, reports my colleague Hanna Ziady. The bank run was “most...
Shares of Southwest (LUV) were down more than 4% in premarket trading on its news. Ending five decades of precedent The airline went47 consecutive yearswithout reporting an annual loss – until 2020, when the pandemic nearly halted all demand for air travel. ...
is expected to lose money this year and next, has more than quadrupled in value in under a month because it’s effectively become a meme stock. Since the beginning of 2020, it’s jumped more than 1,100%, outpacing even Tesla’s gains. Shares are up another 20% in premarket trading. ...