— Shares of the airline ticked more than 1% lower following its disappointing quarterly results. JetBlue reported a loss of $2.02 per share on revenue of $215 million. Analysts polled by Refinitiv expected a loss of $1.92 per share on revenue of $222 million.— The tobacco stock gained 1.2% after Altria reported better-than-expected results for the second quarter and raised its dividend. The company reported $1.09 in adjusted earnings per share on $5.06 billion of revenue.
Sacconaghi said in a note that the decision was a "valuation call," with the stock trading roughly 70% above Bernstein's target price of $900 per share.— Shares of Harley-Davidson tanked nearly 8% after the motorcycle maker posted an unexpected quarterly loss. The company reported a loss of 60 cents per share, compared to expectations of a 4 cents per share profit, according to Refinitiv.
Why? What a joke.......
Shame! Stock market reporters don’t understand the market. The initial down of Tesla was not because of the analyst’s call, rather it was because the whole market is down. Even the whole market was still down, by midday Tesla was $9.40 higher than yesterday’s closing.
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:
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.
Stocks making the biggest moves after hours: Pfizer, F5 Networks, Virgin Galactic and moreSee which stocks are posting big moves after the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves in the premarket: Hasbro, Moderna, Albertsons, Biogen & moreThe stocks making the biggest moves in premarket trading include Hasbro, Moderna, Albertsons, Biogen, and more. Stocks will crash again an harder than in march b4 November 2020...
Source: CNBC - 🏆 12. / 72 Read more »
12 All-Weather Stocks That Could Thrive After CoronavirusPortfolios that have focused on capital expenditures and research and development have outperformed the S&P 500 by almost 5 percentage points.
Source: MarketWatch - 🏆 3. / 97 Read more »
European stocks set for mixed open as investors monitor U.S. stimulus hopes, coronavirus casesEuropean stocks are heading for a mixed open on Tuesday as signs of progress on fresh U.S. government stimulus efforts weigh off against concerns about a burgeoning coronavirus resurgence worldwide.
Source: CNBC - 🏆 12. / 72 Read more »
Gold Touches New Record as Global Stocks Edge HigherThe precious metal has been buoyed by a gloomy global economic outlook, falling interest rates, rising U.S.-China tensions and a weakening of the dollar. Yes, I was looking for the lost brick, thanks for returning it.
Source: WSJ - 🏆 98. / 63 Read more »
European shares edge higher, luxury stocks dampened by weak resultsEuropean stocks inched higher on Tuesday as investors held out for more U.S. stimulus to limit the economic damage of the COVID-19 pandemic, brushing aside the latest batch of underwhelming quarterly earnings reports from luxury goods makers. that's why I invested in a pug. He has a unique return cause the little fucker's smile is priceless when he perceives the world with the wonder of cousin eddy seeing wayne newton's hair.
Source: Reuters - 🏆 2. / 97 Read more »