mark for the first time in a single quarter. Merck also upped its full-year earnings forecast. Both stocks have lagged the S&P 500's 21% 2019 advance. Merck, as of Monday's close, was up nearly 7.5% for the year. Pfizer was down almost 14.6% in 2019.Ethan Brown, founder and chief executive officer of Beyond Meat Inc., speaks during an interview at the Nasdaq MarketSite during the company's initial public offering in New York, May 2, 2019.
about 20% in premarket trading, despite the plant-based burger maker reporting late Monday its first quarterly profit. Revenue in the third-quarter also topped estimates. However, the stock came under pressure after the company said it would need to offer more discounts to deal with growing competition. The IPO also lockup expires Tuesday, allowing insiders to cash out even more shares. As of Monday's close, the stock was up over 320% from its $25 offering price in May.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Philippines Latest News, Philippines Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
After new record, these are the stocks Wall Street thinks will lead the next market leg higherThe S&P 500 is pointed to hit an all time record-high on Monday, led by these stocks, including Amazon and Facebook.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Tiffany, Fitbit, Spotify, AT&T, Virgin Galactic & moreThese are some of the stocks making big moves on a record-setting Monday for Wall Street.
Source: CNBC - 🏆 12. / 72 Read more »
Three things that could trip up the rally as stocks reclaim all-time highsAs stocks climb into record territory, analysts warn there are still pitfalls for investors, and any of them could halt the rally. Absolutely! What were they and every other knucklehead cronie saying when the boy 45 chanted to luck you HRC?!
Source: CNBC - 🏆 12. / 72 Read more »
Stocks close higher, with S&P 500 at new recordU.S. stocks finished higher Monday, with the S&P 500 closing at a record as corporate earnings continued to top expectations and investors remained...
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks making the biggest moves after hours: Beyond Meat, GrubHub, Alphabet and moreSee which stocks are posting big moves after the bell on Monday. $TBI up 0.66% after hours I'm not trying it. God only knows what it does to you! It probably alters our own DNA! And besides, it's $8.99 a package. Ground turkey smells like dung but it 'supposedly' is better for the heart.
Source: CNBC - 🏆 12. / 72 Read more »
Asia stocks set for higher open amid US-China trade optimism, S&P 500 record highThe Office of the U.S. Trade Representative said Monday that Washington will consider extending certain tariff exclusions on $34 billion worth of imports from China. let the ccp collapse it about time anyways What trade optimism? Buying 2017 levels of soybean for no tariffs, is that your shitty optimism? Our mission at is to build the social news network that ends fake news. Follow us Overlooked_Inc
Source: CNBC - 🏆 12. / 72 Read more »