Shares of Adobe Inc. tumbled on Tuesday trading, its second-worst day this year, after JPMorgan downgraded cloud stocks, noting high valuations. The computer software company skidded 6.60%, or 43.44 points, to $614.86 per share. Eventually, it slightly rose 0.02% or 0.14 points to $615.00 in the after-hours trading session. At present, Adobe trades at 21 …
Adobe Plunges after JPMorgan Issues Wave of Downgrades Read More »
On Tuesday, European stocks grappled for direction as investors focused on the three key central bank meetings in Europe and the United States this week. The pan-European Stoxx 600 climbed 0.07% or 0.35 points to $473.18 per share, slightly lower from its 0.40% climb in early trade. Correspondingly, Swiss pharmaceutical firm Vifor Pharma elevated 11.62% …
European Stocks Mixed ahead of Central Bank Meetings Read More »
On Monday, Asia-Pacific stocks mostly traded higher as markets focused on this week’s central bank meetings that could hint at the end of the US policy stimulus. In Hong Kong, the Hang Seng index advanced 0.99% or 237.84 points to $24,233.56 per share. Correspondingly, engineering services firm Xinyi Solar Holdings rocketed 6.43% or 0.12 points …
Asia-Pacific Stocks Climb; Central Bank Meetings in Focus Read More »
On Friday, European stocks fell as market participants digested a slew of disappointing economic data in the United Kingdom. The pan-European Stoxx 600 declined 0.32% or 1.53 points to $475.46 per share. Accordingly, tech stocks led losses as they tumbled 1.78% or 1.54 points to $84.89 per share. German Telecommunication company United Internet pared 1.76% …
European Stocks Skid; Traders Digest UK Weak Economic Data Read More »
Shares of GameStop Corp. declined in the post-trading session on Wednesday after it reported widened losses in the fiscal third quarter. The video game retailer sank 3.31% or 5.75 points to $167.90 per share. It trailed its plunge of 2.31% or 4.10 points to $173.65 per share. Accordingly, GameStop posted a more extensive net loss …
GameStop Stocks Slip as it Reports Broader Q3 2021 Loss Read More »
On Wednesday, shares of the embattled China Evergrande Group slipped again after a missed debt payment deadline, edging closer to a default. The cash-strapped property developer shed 1.64% to $0.23 per share, reversing its Tuesday gain of 1.10%. Accordingly, Evergrande failed to make $82.50 million in interest payments on some US dollar bonds at the …
Evergrande Stocks Hit New Low as it Edges Closer to Default Read More »
Stocks of Boeing Company closed higher on Monday after health experts noted that the Omicron coronavirus could cause milder symptoms than previous strains. Accordingly, the aerospace firm soared 3.72% or 7.39 points to $205.88 per share. Boeing also climbed 0.25% or 7.39 points to $205.88 per share in the after-hours trading. At the same time, …
On Monday, Asia-Pacific stocks struggled for direction as Hong Kong’s benchmark Hang Seng led the loss among the major indexes. Accordingly, the Hang Seng index sank 1.26% or 300.30 points to $23,466.39 per share. This downturn came with the plunge of tech shares as the Hang Seng tech index slumped 2.63% or 0.15 points to …
Asia-Pacific Stocks Mixed; Hong Kong’s Hang Seng 1.26% Down Read More »
Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.
Disclaimer:
TradeMarketNews.com provides information and news solely for reference purposes. The accuracy, relevance, and completeness of any information and news may vary and cannot always be guaranteed. Readers are responsible for their use of such data (as stated in the ToS) and its appropriateness for the user.
Email: [email protected]
Connect with: trademarketnews
