CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters S&P’s action on Tesla showed the growing power of indexers and passive investing. S&P Dow Jones Indices has announced that Tesla will be added to the S&P 500
Month: December 2020
Zoom Video Communications Inc. founder and CEO Eric Yuan at the company’s IPO at Nasdaq MarketSite in New York, April 18, 2019. Victor J. Blue | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Zoom Video – Shares dropped nearly 14% as investors digested signs that the video conferencing company’s
It’s good to go out on top, and Ed Stack should know. Stack announced he will retire as CEO of Dick’s Sporting Goods (NYSE:DKS) in February, after 36 years at the helm. His father was the eponymous Dick. But when Ed joined the “chain” it had just two stores. Now it has 850 and DKS stock
2020 has been a very volatile year for the U.S. stock market. Hyliion (NYSE:HYLN) stock is one example of a stock soaring too fast too high and then declining too fast as well. It lost almost half of its value in less than a month. The Hyliion stock price went from $10 in early June
If investors were pressed to name the go-to stock for the novel coronavirus, many would answer Zoom Video (NASDAQ:ZM). And rightfully so. Zoom stock barely flinched when volatility cranked up in February. And it outright soared in March while the rest of the market was getting crushed. Source: Michael Vi / Shutterstock.com In fact, Zoom
Among the curious developments amid the novel coronavirus pandemic has been soaring interest in electric vehicles (EVs). Always a forward-looking sector, EVs took on greater urgency during this crisis when Covid-19 disrupted the global auto supply chain. That’s because, structurally, EVs have fewer moving parts, insulating their manufacturing from outside events. However, current technologies underlining
Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after hours: Zoom Video — Shares of the
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