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Stock of the Day

Etsy (ETSY) Shares Up +88 Percent After Initial Public Offering

April 17th, 2015

Shares of Etsy Inc. (ETSY) were down -1.00 or -3.33 percent to $29.00 per share in Friday’s premarket after the stock soared +88 percent in its first day as a publicly traded company. The stock almost doubled its initial offering price of $16 per share in yesterday’s regular trading session closing at $30 per share … READ MORE

Netflix (NFLX) Stock Soars on Earnings, Analyst Upgrades

April 16th, 2015

Shares of Netflix Inc. (NFLX) were trading up +62.54 or +13.14 percent to $538.00 per share in Thursday’s premarket trading after the company announced better than expected earnings after the bell yesterday. In addition, the stock is reacting to FBR & Company analyst, Barton Crockett’s price target of $900 per share. Netflix stock closed at … READ MORE

Avon Products, Inc. (AVP) Up on Possible Sale of North American Operations

April 15th, 2015

Shares of New York, NY, based Avon Products, Inc. (AVP) rose on Tuesday, against the backdrop of a mixed day in stocks overall. Avon’s stock was up $1.14 per share, rising 14.23% to close at 9.15 on volume of 33,439,524 shares. It’s been reported that the company is “exploring strategic alternatives”, including the possible sale … READ MORE

Alcatel-Lucent (ALU) and Nokia Confirm Merger Talks

April 14th, 2015

Shares of Alcatel-Lucent S.A. (ALU) were trading up +0.27 or +6.21 percent to $4.62 per share in Tuesday’s premarket after both Alcatel-Lucent and Nokia (NOK) confirmed that the companies were in advance talks for the takeover of Alcatel by Nokia. Alcatel-Lucent stock closed at $4.35, up +0.31 or +7.67 percent in Monday’s regular trading session. … READ MORE

Sears Holdings (SHLD) and Simon Property Form Joint Venture

April 13th, 2015

Shares of Sears Holdings Corporation (SHLD) were up +0.92 or +2.14 percent to $43.85 in Monday’s premarket trading after the company announced forming a joint venture with Simon Property Group Inc. (SPG). Sears Holding stock closed at $42.93 per share, down -0.49 or -1.13 percent in Friday’s regular trading session. Hoffman Estates, Illinois based Sears … READ MORE

General Electric (GE) to Exit Lending Business and Sell $26.5B in Real Estate

April 10th, 2015

Shares of the General Electric Company (GE) were trading up +2.39 or +9.29 percent in Friday’s premarket after the company announced early this morning it would be exiting the bulk of its financing business, which would include the sale of most of the company’s real estate for $26.5 billion. General Electric stock closed at $25.73, … READ MORE

Mylan Offers $205 per Share for Perrigo (PRGO)

April 9th, 2015

Shares of Perrigo Company Plc (PRGO) were trading up +6.99 or +3.58 percent to $201.99 per share in Thursday’s premarket after Mylan Inc. (MYL) made a bid of $205 per share in cash and stock for the company yesterday. Perrigo stock closed at $195.00 per share, up +30.29 or +18.39 percent in Wednesday’s regular trading … READ MORE

Ocwen Financial Corp. (OCN) Up After Affiliate Cancels Proposed Merger

April 8th, 2015

Shares of Atlanta, Georgia, based Ocwen Financial Corp. (OCN) rose on Tuesday, against the backdrop of a largely flat day on Wall Street. Ocwen’s stock was up $0.93 per share, rising 11.16% to close at 9.26, on volume of 7,285,765 shares. The stock rose on news that Ocwen’s affiliate, Home Loan Servicing Solutions, Ltd. announced … READ MORE

FedEx Stock to Acquire TNT Express N.V. in $4.8B Deal

April 7th, 2015

Shares of FedEx Corp. (FDX) were trading up +7.33 or +4.40 percent to $174.00 per share in Tuesday’s premarket after the company announced in a joint release that it had agreed to acquire TNT Express N.V. for EUR4.4B or $4.8B. FedEx Corp stock closed at $166.67 per share, up +0.45 or +0.27 percent in Monday’s … READ MORE

uniQure (QURE) and Bristol-Myers Squibb to Collaborate on Gene Therapy for Cardiovascular Disease

April 6th, 2015

Shares of uniQure N.V. (QURE) were trading up +9.75 or +42.65 percent to $32.61 per share in Monday’s premarket after news that the company had entered into an agreement with Bristol-Myers Squibb (BMY) giving the company exclusive access to uniQure’s gene therapy platform to treat cardiovascular diseases. uniQure stock closed at $22.86 per share, down … READ MORE

Five Stocks to Watch in April

April 3rd, 2015

The U.S. stock markets ended the month of March on a negative note. The Dow Jones Industrial Average closed down -200.19 points or -1.1 percent to 17, 776.12 on the last day of March and ending the first quarter of 2015 with a loss of -46.95 points. The S&P 500 Index dropped -18.35 points or … READ MORE

GoDaddy (GDDY) Stock up +31 Percent After Initial Public Offering

April 2nd, 2015

Shares of GoDaddy Inc. (GDDY) closed Wednesday at $26.15, up +6.15 or +31 percent from its initial offering price of $20 per share. The company went public yesterday in its initial public offering, selling 23 million shares at the $20 offering price and raising over $460 million. GoDaddy’s valuation after the initial sale came to … READ MORE

Movado Group, Inc. (MOV) Up on Strong Fourth Quarter Results

April 1st, 2015

Shares of Paramus, New Jersey, based Movado Group, Inc. (MOV) bucked the down trend of the general market and rose sharply on Tuesday. Movado’s stock rose $2.89 per share, up 11.28% to close at 28.52 on volume of 2,540,677 shares. The company reported that it’s fiscal fourth quarter net income was up significantly from the … READ MORE

Charter Communications (CHTR) to Buy Bright House Networks

March 31st, 2015

Shares of Charter Communications Inc. (CHTR) were trading up +14.61 or +7.97 percent to $198.00 per share in Tuesday’s premarket. The move came after news broke early this morning that Charter will be acquiring privately held cable company Bright House Networks LLC in a deal valued at an estimated $10 billion. Charter Communications stock closed … READ MORE

Cellular Dynamics (ICEL) International to be Acquired by FUJIFILM Holdings Corp.

March 30th, 2015

Shares of Cellular Dynamics International Inc. (ICEL) were trading up +8.56 or +107.81 percent to $16.50 in this morning’s premarket after news that the company would be taken over by FUJIFILM Holding Corp. The deal, which is for cash is valued at $307 million. Cellular Dynamics stock closed at $7.94, up +0.13 or +1.66 percent … READ MORE

BlackBerry (BBRY) Reports Surprise Profit, Misses on Revenue

March 27th, 2015

Shares of BlackBerry Ltd (BBRY) were trading up +0.50 or +5.38 percent to $9.80 in Friday’s premarket after announcing a surprise profit for its fiscal fourth quarter. Nevertheless, revenue failed to meet analyst expectations. BlackBerry Ltd stock closed at $9.30, up +0.02 or +0.22 percent in Thursday’s regular trading session. Waterloo, Ontario based BlackBerry, originally … READ MORE

SanDisk (SNDK) Stock Pummeled After Revenue Guidance Cut

March 26th, 2015

Shares of the SanDisk (SNDK) Corporation were off -11.69 or -14.38 percent to $69.50 in Thursday’s premarket after the company downwardly revised its revenue guidance for the company’s first fiscal quarter. SanDisk stock closed at $81.17, down -3.57 or -4.22 percent in Wednesday’s regular trading session. Milpitas, California based SanDisk Corporation is an American/Israeli company … READ MORE

Whiting Petroleum Corp. (WLL) Plummets on 22% Discount on Stock Offering

March 25th, 2015

Shares of Denver, Colorado, based Whiting Petroleum Corp. (WLL) fell sharply on Tuesday, on a down day on Wall Street across the board. Whiting’s stock fell $7.48 per share, down 19.48% to close at 30.91 per share, on trading volume of 58,107,805 shares. The company disclosed that it is pricing an upcoming stock offering at … READ MORE

Digital Ally (DGLY) Stock Up 15% on 4Q Earnings

March 24th, 2015

Shares of Digital Ally Inc. (DGLY) were up +$1.88 or +14.96 percent to $14.45 per share in premarket trading this morning. The stock is up this morning after announcing it fourth quarter results yesterday after the close. Digital Ally stock closed at $12.57, up +0.78 or +6.62 percent in Monday’s regular trading session. Lenexa, Kansas … READ MORE

American International Group Inc. (AIG) Settles Class Action Suit for Nearly $1B

March 23rd, 2015

Shares of American International Group Inc. (AIG) were trading down -0.04 or -0.07 percent to $55.90 per share in Monday’s premarket. The company announced late Friday that AIG shareholders had won approval for a $970.5 million settlement on a class action suit against the company. AIG stock closed at $55.94, up +0.29 or +0.52 percent … READ MORE