Previous Close | 25.22 |
Open | 24.58 |
Bid | 25.07 x 900 |
Ask | 25.10 x 800 |
Day's Range | 23.61 - 25.97 |
52 Week Range | 9.95 - 64.83 |
Volume | |
Avg. Volume | 46,819,896 |
Market Cap | 10.679B |
Beta (5Y Monthly) | -0.24 |
PE Ratio (TTM) | 313.19 |
EPS (TTM) | 0.08 |
Earnings Date | Sept 04, 2024 - Sept 09, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Mar 14, 2019 |
1y Target Est | 8.38 |
On Monday's episode of Market Domination, hosts Julie Hyman and Josh Lipton delve into the intricacies of market dynamics, company updates, and the ever-evolving tech sector. Markets take center stage as Wall Street finds itself awash with growing optimism surrounding the S&P 50 (^GSPC). Roth MKM Partners Chief Economist and Macro Strategist Michael Darda joins to discuss why several firms have raised their year-end price targets for the index, buoyed by promising growth prospects. The show then turns to the stock reactions of notable companies, including Adobe (ADBE), Virgin Galactic (SPCE), and GameStop (GME). The video game retailer is in focus after the company saw shares plummet following its annual shareholder meeting. As the episode draws to a close, the spotlight shifts to the Technology SPDR Select Fund (XLK), which is on the brink of a rebalancing due to the high concentration within the industry. Deepwater Asset Management Managing Partner Doug Clinton joins the conversation, offering his outlook on the best tech sector plays. This post was written by Angel Smith
Analysts raise their price targets on shares of Micron Technology, Tesla falls following the bankruptcy filing of electric-vehicle start-up Fisker, and Boeing declines ahead of CEO Dave Calhoun’s appearance before a Senate subcommittee.
Nothing seems to be able to break the negative rally in GameStop stock. Details of a cost-cutting program laid out by CEO Ryan Cohen at GameStop rescheduled annual meeting haven’t helped much after being delayed to Monday, from Thursday, after a livestream of the event crashed due to intense interest in the meme stock. GameStop has been the center of renewed interest in meme stocks, companies for which share prices move more in reaction to social media posts than the fundamental health of the businesses.