6-Day Winning Streak Ends; New Home Sales Fell 14.5% in March
  PUBLISHED ON: Apr 23, 2014
Stocks end the day lower, signaling an end to a six day winning streak. New home sales in March fell a whopping 14.5%, partially due to severe winter weather and higher mortgage rates. SodaStreams (SODA) stocks were up nearly 15% during the morning session and closed up 11% after it was reported that SodaStream may sell a 10% stake in the company to Starbucks (SBUX). Facebook's (FB) first quarter revenue grew 72% year over year, beating sales and earnings estimates.
It was also announced today that Facebook's CFO is planning on stepping down effective June 1.


Word on the Street



Interesting Tidbits


This article was brought to you by the InvestorGuide Staff Writers and Editors.

Copyrighted 2015. Content published with author's permission.

Posted in ...