What’s happened? Yesterday shares in Super Micro Computer fell off a cliff—dropping over 32% to close at $33.07 per share. Today, the company’s stock price is down again. As of the time of this writing, SMCI shares are down another 4.5% in premarket trading. The fall stems f...
Stocks saw amajor reversal on Friday. After selling off, theDow,S&P 500andNasdaqall rebounded in the afternoon session as investors digested a better-than-expected jobs report. Nonfarm payrolls jumped by 379,000in February, and the unemployment rate fell to 6.2%. That compared with expectations...
In fact, the tech-heavy NASDAQ soared 2.4% higher on Wednesday in the wake of the announcement. We covered the details of Stargate in a Market 360 last week. But yesterday’s sharp pullback in technology stocks wiped out those gains – and then some. NVIDIA Corporation (NVDA), for its...
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PEG ratio of 2.47 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Utility - Electric Power industry stood at 2.56 at the close of the market yesterday. ...
What happened next? Having fun staying poor The headlines typically only report rags-to-riches tales or train wrecks. But how are things going if you only jumped aboard some of 2021’s biggest investing thrill rides when they were hot?
From February 11, when President Biden warned that a Russian invasion was imminent, to the lows yesterday morning, the S&P 500 lost 10%, the NASDAQ 100 lost over 11.5%, and the ARKK Innovation ETF (a proxy for speculative, young, unprofitable companies) lost over 24.5%. Yesterday, as ...
Entera Bio(NASDAQ:ENTX) continues to soar higher on Friday, but investors looking to rush into the biotech company may face trading halts. So what do you need to know about halted stocks? And what is going on with ENTX stock today?
Smart beta strategies seek to passively follow indices, while also considering alternative weighting schemes such asvolatility, liquidity, quality, value, size, and momentum. These funds don’t track standard indices, such as theS&P 500or the Nasdaq 100 Index, but instead focus on areas of the ...