Viking shares were up more than 90% in recent trading. Even ahead of Tuesday's news, the stock has soared so far this year. Although Viking's results are promising, analysts believe the market is so vast for these drugs that there is an opportunity for additional players. Also bothNovo N...
The stock market had a miserable 2018, but some companies bucked the trend to post an exceptionally good year. Dec 31, 2018 General Motors To Buy Back 200M Government Shares General Motors, trying to clear the stigma of being partly owned by the U.S. government, will spend $5.5 billion ...
If the stock ends Thursday in the green, Nike will record its 13th straight positive session. That would mark its longest ever, surpassing a 12-day rally seen in 2007. Shares of Nike, which went public in 1980, hovered around flat in Thursday morning trading. Despite the recent advances, ...
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It’ll be interesting to see if this downward trend will continue going forward as the Federal Reserve looks to raise interest rates to fight inflation while oil producers lower production in order to maintain the price. Stocks Turn Negative as Treasury Yields Rise Last Updated 12:20PM EST Stoc...
A report coming on Wednesday could influence how much the Fed may cut rates. Economists expect it to show that an underlying inflation trend the Fed prefers to use accelerated to 2.8% last month from 2.7% in September. Higher inflation would make the Fed mor...
The 50-day moving average is a technical indicator traders watch to measure a short-term trend for a given asset. If the S&P 500 were to close below the 50-day moving average, it could portend the start of a downward trend. The last time the broad-market index closed below that level...