Stock market live updates: Nasdaq record, Ackman trims Chipotle, Amazon all-time high

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Stock market live updates: A handful of ETFs hit record highs during intraday trading.

, one of Pershing Square's best investments in recent years. Filings at the Securities and Exchange Commission show Ackman's Pershing Square sold about 215,000 shares on Feb. 6 and Feb. 7 for about $860 per share. Pershing Square Holdings, which first invested in Chipotle at around $405 per share, soared 58% in 2019, making it one of the globe's best-performing hedge funds last year.

7% of Pershing Square Holdings gross returns in 2019. —'s reputation as a volatile stock has been well deserved thus far in 2020. The electric car maker's stock has posted a move of less than 1% in just five of the 26 trading days this year through Friday's close. By comparison, the S&P 500 has had just five moves of at least 1% all year. Tesla was headed for another major move on Monday, trading more than 5% higher. —The Dow was quick to bounce back from a 106.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

10 year yield 1.56%, China inflation and loan defaults going up, and there is NO WAY it gets better in the near future. Most economists agree we are near the end of the cycle. Stocks at record highs with massive fiscal/monetary stimulus. Millenials are getting absolutely screwed

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:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

15 cheap stock picks to buy for big buybacks, dividends: Goldman Sachs - Business InsiderGOLDMAN SACHS: These 15 stocks offer cash returns at more than double the market average — and they're available at a discount You need to label the tweets “prime” or not Not sure about stocks but this show kicked butt. THEY SHOULD BANCRUPTED THEY ARE LIERS!!!!!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

5 things to know before the stock market opens MondayU.S. stock futures were pointing to a lower open Monday for the Dow. Despite Friday's nearly 1% decline, the Dow finished the week 3% higher.
Source: CNBC - 🏆 12. / 72 Read more »

Burger King parent's stock rises on earnings beatPopeyes Louisiana Kitchen's chicken sandwich permanently returned in November.
Source: CNBC - 🏆 12. / 72 Read more »

Tesla's parabolic trading may be a warning about a broader stock market sell-offWhile investors may look at Tesla's wild ride as crazy trading in just one stock, some analysts say its bubbly behavior could be a warning. No, keep buying. Buy buy buy!! Remember folks, buy high, sell lowww!!!! Happy trading!! thebearablebull Don't take fan boi investing and try to apply it to the broader markets, the only real story is Musk just doubled his wealth at the expense of investors. Life on the high seas of liquidity is indeed a pirate one.
Source: CNBC - 🏆 12. / 72 Read more »