A quick look at recent IPO news and movesThere has been a lot of initial public offering (IPO) action recently, so with the week coming to an end, we wanted to take a look at some of the names making moves recently. Starting in today's trading, Chewy, Inc. (NYSE:CHWY) is taking off in its first session, up 58.6% at $34.90. The online pet supplies retailer priced its IPO at $22 per share, and trade...Read More
Ashford Hospitality is eyeing its worst day in nearly eight yearsMarkets are slightly lower today after Apple supplier Broadcom (AVGO) issued a revenue warning. Several other stocks are making noise today, too, including biopharma company ArQule, Inc. (NASDAQ:ARQL), travel agency Bluegreen Vacations Corporation (NYSE:BXG), and real estate name Ashford Hospitality Trust, Inc. (NYSE:AHT).Here's...Read More
Guggenheim says to buy the stock's dipGlobal Blood Therapeutics Inc (NASDAQ:GBT) stock is down 10.1% to trade at $51.70, after the California-based biopharmaceutical firm presented data for its sickle cell disease (SCD) treatment. While voxelotor met its main goal in a late-stage study, some are questioning its ability to create benefits for patients. Amid today's big move, GBT options traders are...Read More
Gold futures gave up much of their earlier gains on Friday, with strength in the U.S. dollar prompting prices for the precious metal to post only a modest gain for the session, down significantly from their highest intraday level in 14 months. Prices eased back from the session's best levels with the dollar on track for a gain on the week, putting some pressure on dollar-denominated gold prices. T...Read More
Gold futures gave up much of their earlier gains on Friday, with strength in the U.S. dollar prompting prices for the precious metal to post only a modest gain for the session, down significantly from their highest intraday level in 14 months. Prices eased back from the session's best levels with the dollar on track for a gain on the week, putting some pressure on dollar-denominated gold prices. T...Read More
Gold futures gave up much of their earlier gains on Friday, with strength in the U.S. dollar prompting prices for the precious metal to post only a modest gain for the session, down significantly from their highest intraday level in 14 months. Prices eased back from the session's best levels with the dollar on track for a gain on the week, putting some pressure on dollar-denominated gold prices. T...Read More
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Golden Ridge Resources Ltd. (TSXV:GLDN) (Read full newsRead More
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One chip stock could extend its weekly losing streak to nineThe Fed will hold its two-day policy meeting next week, with the central bank's interest rate decision due at 2 p.m. ET on Wednesday, June 19. While CME Group's FedWatch tool pegs the odds of a June rate cut at less than 25%, traders will undoubtedly dissecta post-meeting presser with Fed Chair Jerome Powell for more hints of a July rate...Read More
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Subpar inflation data was in focus ahead of next week's Fed meetingIt was a volatile week for stocks, though the major market indexes are pacing for a second straight weekly win. Traders were bursting with optimism on Monday, with the Dow clocking its sixth consecutive win -- the longest win streak in over a year -- after President Donald Trump backpedaled on his tariff threats against Mexico. How...Read More
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