On Wednesday, stocks of Netflix Inc. wavered in the after-hours trading after it reported solid third-quarter 2021 earnings. The internet television network lost 1.33% or 8.50 points to $630.50 per share. Additionally, it opposed its Tuesday gain of 0.16% or 1.03 points to $639.00 per share. Accordingly, Netflix’s earnings per share climbed to $3.19 from …
Netflix Stocks Wavered Despite Solid Third-Quarter Report Read More »
On Tuesday, stocks of Swedish telecom equipment maker Ericsson plummeted after it posted upbeat third-quarter core earnings. Accordingly, the networking company plunged 3.33% or 0.39 points to $11.91 per share. Then, it reversed its yesterday climb of 0.40% to $12.33 per share. Currently, it stands with a market capitalization of $41.06 billion and shares outstanding …
Ericsson Stocks Fell Despite its Upbeat 3Q Core Earnings Read More »
On Monday, stocks of Stellantis NV edged down as it plans a joint venture with the Korean battery producer LG Energy Solution. Accordingly, the multinational automotive firm hiked 1.20% or 0.23 points to $19.91 per share. Currently, the company is headquartered in the Netherlands and has industrial operations in more than 30 countries. In addition, …
Stellantis Stocks Drop as it Forms a Joint Venture with LG Read More »
Stocks of Moderna Inc. surged on Thursday trading as the US Food and Drug Administration (FDA) supported the emergency use authorization of its booster shots. The biotech company rocketed 3.23% or 10.38 points to $331.88 per share. Then, it also edged up 0.77% or 2.57 points to $334.45 per share on the after-hours trading. Accordingly, …
Moderna Stocks Surged after US FDA Backed its Booster Shots Read More »
On Thursday, the S&P 500 supplemented modest gains, led by strength in tech stocks, as investors became optimistic on economic recovery. Accordingly, market sentiment improved after the Federal Reserve signalled that the asset tapering could start as soon as next month. The S&P 500 index jumped 0.30% or 13.15 points to $4,363.80 per share. At …
S&P 500 Bounces Up as Tech Stocks Rally on Economic Optimism Read More »
On Wednesday, most European stocks extended their plunge as concerns about inflation climbed amid the soaring energy prices. Subsequently, the benchmark pan-European STOXX 600 lost 0.02% or 0.09 points to $457.12 per share. The index is trailing to a 4.00% drop from its August peak. Its worst performer, the online food delivery service firm Just …
European Stocks Subdued as Inflation Jitters Persisted Read More »
On Tuesday, Asia-Pacific shares traded red as concerns about inflation hiked amid the increase in energy costs. Accordingly, Chinese stocks slumped as reports suggested that the local government widens the scrutiny on private industries. The Shanghai Composite index sharply plummeted 1.52% or 54.72 points to $3,536.99 per share. Its worst performer, Guangdong Jia Yuan Co., …
Asia-Pacific Shares Dipped as Concerns on Inflation Hiked Read More »
On Monday, shares of Meituan surged after Chinese regulators levied the firm with a $534.00 million antitrust fine. Accordingly, it rallied 9.22% or 3.03 points to $35.93 per share, following its hike of 2.07% last Friday. Meituan provides an e-commerce platform that operates through food delivery, in-store, and hotel & travel segments. Currently, it stands …
Meituan Shares Surged after it was Hit with a $534 M Fine Read More »
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