Tesla’s stock had a terrific June and has managed to sustain that momentum this month. But don’t be surprised if it takes a hit and heads lower once the company releases its fiscal second-quarter results on July 24.Tesla’s stock has been having a great time, but it might be headed lower. | Source: Yahoo! FinanceElon…
Customer experience management platform Medallia (NYSE: MDLA) rose more than 70% in its New York Stock Exchange debut Friday. The nearly two-decades-old business priced its shares at $21 apiece, the top of its proposed range, Thursday evening and traded as high as $39.54 the following morning. Medallia closed up roughly 76% at about $37 per…
The phrase “beating the market” can be defined as earning returns that outperform the gains of a particular benchmark or index such as the S&P 500 Index. Fund managers are supposed to be experts in timing the market. They’re also supposed to have strategies in place to generate profits under any market condition. More…
A confluence of negative factors slammed Netflix in the past quarter, resulting in subscriber numbers and other metrics exposing Netflix’s vulnerabilities – and leaving the streaming giant’s stock plunging in after-hours trading. Netflix stock plunged 12% in after-hours trading. | Source: Yahoo FinanceNetflix Subscribers Wave Goodbye While earnings-per-share came in at $0.60, four cents above…
Fascinating research from JPMorgan reveals that although the stock market is booming, the performance of your individual portfolio depends heavily on what state you live in. That’s because U.S. investors living in different regions tend to favor some S&P 500 sectors over others. Your Stock Portfolio Likely Has a Hidden Regional Bias According to JPMorgan’s…
