Sonos
Inc (SONO) soared 29.84 percent after the Californian maker of wireless audio
speakers posted performance well above estimates for its fourth fiscal year
which ended at the end of September. Compared with the $299 million predicted
by the FactSet consensus, revenue jumped 15.5 percent year-on-year to $339.8
million. Compared to a...
A Lockheed Martin Corporation (LMT)
quarterly report showed that the space segment of the business is increasing at
the slowest rate, and its profitability is dropping altogether. Competition
with SpaceX is the main reason, but the management of Lockheed claims that the
space technology segment will expand the fastest.
Wall Street
trading was mainly in negative territory on Thursday, November 12, and ended
with a fall in the key indexes. The worsening of the situation with the spread
of COVID-19 against the backdrop of vague statistics was shot down by positive
sentiment after the presidential election.
The...
On
Wednesday, the Dow Jones index fell marginally at the close by -0.08 percent at
29,397 points, after rising more than 10 percent in a week, and near to its
last all-time high of 29,551 points, set before the health crisis on February
12. The S&P 500's wide index gained 0.77%...
Aptevo stock is
trading in its highest range since Oct. 2018 as the biotech firm updates on completeremission
of APVO436 while Tang discloses its stake in the company.
The clinical-stage biotech firm, Aptevo
Therapeutics Inc. (APVO) shares are on a roll from the start of this month and
currently...
According to trading data,
global oil prices fell by more than 3% on Friday due to increasing concerns
about demand for raw materials in the light of the ongoing coronavirus
pandemic.
The cost of January futures for Brent North Sea oil mix fell by 3.37 percent, to...
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...