logo
[breadcrumb_custom]

Month: November 2020

Stock Investing

Qualcomm, Alibaba, Aphira, Expedia Surged After Quarterly Results

The quarter ended with the rebound in travel spending, with Expedia was up +4.8 percent on Thursday beating consensus. Revenue fall 58% year-on-year to $1.5 billion, but the Seattle-based online tour operator is doing better than consensus, which stood at $1.39 billion. Gross bookings rose 68 percent to 8.6 billion dollars. The group, which withdrew its annual guidance in March as a result of the pandemic, announced an adjusted EBITDA of $304 million in the quarter, down 67%, with an adjusted per share loss of 22 cents. The consensus was a loss per share of 84 cents. Aphria (+10.8 percent)

THMO
Stock Investing

Hall of Fame Resort & Entertainment Co (HOFV) Escalates Above 125% on a Partnership Agreement with WaV and Sports Illustrated Studios

HOFV stock flights with a heavy volume fighting for the top place. Shares of Hall of Fame Resort & Entertainment Company (HOFV) are skyrocketing today and it is for a good reason. The resort, entertainment, and media company announced that it has signed a media partnership agreement with WaV and Sports Illustrated Studios. Following the partnership update, HOFV stock made a strong move in the premarket and surged as high as161.05% to $4.96. HOFV kicked off the day at $3.04 compared to the previous close of $1.90. The stock continued to rally in the open market and as we write

Market Activity

Market’s Sharp Upbeat Following GAFAM Gains

On Wednesday, the US market went through an exciting session as all asset classes rose very strongly. Oil, although showing accelerating growth in Europe, still remained up 3.5 percent to $39. The Dow Jones, however, halved its gains to 1.35 percent, but the S&P-500 rose 2.20 percent, the Nasdaq Composite fell by -3.85 percent to 11,600 points and the Nasdaq-100 was a flat wih rise of 4.4 percent. All that came after ‘GAFAM’ with gains of 5% for Microsoft to 6% for Alphabet and 6.3% for Amazon and then 8.3% for Facebook, though Apple remained weakest with an increase of’just’

ALXO Stock
Equity News

Digirad Corporation (DRAD) Spikes Above 25% on Sale of Asset for $18.75 Million

Digirad intends to use its net proceeds from the sale to repay its debt and finance HoldCo growth strategy. Shares of Digirad Corporation (DRAD) made a strong move making it one of the leading volume stocks in the market today. The stock pushed higher after the company announced to sell its DMS Health Technologies, Inc. business unit for a purchase price of $18.75 million. Digirad shares traded higher in the premarket soaring up to 25%. DRAD began the session at $3.10 compared to the previous close of $2.55. The trading volume is up by 40 million as it continues to

Trading Signals

Why Digital Ally Inc [DGLY] Could Double in Price Short-term

Digital Ally Inc [NASDAQ:DGLY] has been gaining upside momentum for the last couple of days. At the moment, the price action points to the early days of a bull run. If bulls control the price and push it past the $4 resistance, then the stock could easily double its current price and test $6. Volumes are quite high too, an indicator that bulls are firmly in control of the trend. If the trend holds in the day, investors chasing gains could jump at the opportunity and further drive up the price in the short-term. Besides the positive price action that