by Jamie Johnson | Oct 3, 2019 | Markets
The company’s third-quarter production and delivery numbers didn’t meet Wall Street’s expectations. This week, Tesla announced that it delivered 97,000 vehicles during the third quarter. These numbers broke down to 79,600 Model 3 cars and 17,400 Model S and X cars. ...
by Jamie Johnson | Oct 2, 2019 | Markets
A JP Morgan analyst issued a word of warning about McDonald’s third-quarter earnings. This week, shares of McDonald’s fell slightly after a JP Morgan analyst questioned the company’s pending third-quarter results. Analyst John Ivankoe lowered his guidance for...
by Jamie Johnson | Oct 1, 2019 | Markets
This week the company announced it is filing for Chapter 11 bankruptcy protection. For many companies, it’s tough to be in the retail business right now. This is undoubtedly the case for Forever 21, which announced it is filing for Chapter 11 bankruptcy this week. ...
by Jamie Johnson | Sep 30, 2019 | Markets
A Wedbush analyst upgraded the stock and raised its price target. Shares of Bed Bath & Beyond are up more than 5% on Monday morning after the stock was upgraded by Wedbush from neutral to outperform. This is a bit of much-needed good news for the company, which is...
by Jamie Johnson | Sep 27, 2019 | Markets
Shares of Peloton fell 11% after the company’s IPO on Thursday. This week, Peloton joined a growing list of companies that crashed at burned during their initial public offerings. On Thursday, the company’s shares fell 11%, bringing its total market valuation to $7.2...
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