Stocks biggest losers for May 21, 2020, US stock market
Stock market data: Investing.com
Stock market data: Investing.com
Ciena stock price this week Ciena Corp. (NYSE:CIEN) stock price performance for the week ending on June 5, 2020, was -1.76%. CIEN stock price is very near to is 52-week high at 57.19. CIEN stock has a P/E ratio of 26.43 and a YTD performance of +27.16%. Stock market data: MarketWatch CIEN stock news “Ciena® Corporation (NYSE:CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal second quarter ended May 2, 2020.Q2 Revenue: $894.1 million, increasing 3.4% year over yearQ2 Net Income per Share: $0.59 GAAP; $0.76 adjusted (non-GAAP)Share Repurchases: Prior to suspending repurchases during the quarter, we repurchased approximately 0.6 million shares of common stock for an aggregate price of $23.8 million during the quarter“In this uncertain environment, we delivered industry leading financial performance during our second quarter, including strong revenue and outstanding profitability,” said Gary Smith, President and CEO, Ciena. “Our strategy, centered around innovation, diversification and global scale, has resulted in a resilient business capable of navigating challenging times and delivering strong shareholder value over the long-term.” For the fiscal second quarter 2020, Ciena reported revenue of $894.1 million as compared to $865.0 million for the fiscal second quarter 2019. Ciena’s GAAP net income for the fiscal second quarter 2020 was $91.7 million, or $0.59 per diluted common share, which compares to a GAAP net income of $52.7 million, or $0.33 per diluted common share, for the fiscal second quarter 2019. Ciena’s adjusted (non-GAAP) net income for the fiscal second quarter 2020 was $117.4 million, or $0.76 per diluted common share, which compares to an adjusted (non-GAAP) net income of $76.2 million, or $0.48 per diluted common share, for the fiscal second quarter 2019.” Date of release for the earnings was June 4, 2020. Stock market source: https://www.businesswire.com/news/home/20200604005152/en/Ciena-Reports-Fiscal-Quarter-2020-Financial-Results CIEN stock daily chart Source: Stockscharts Stock market Daily stock market news, investing, finance, stock market today updates, stocks, and a stock market newsletter with stocks to buy, stocks to sell.
Stocks at 52-week low for May 27, 2020, US stock market These are stocks near a 52-week low, for the US stock market, on Wednesday, May 27, 2020. Stock market data: Investing.com Stock market Daily posts about the US stock market, stock news, stocks, stock market news, stock market today, investing. Trading and Investing Check this link if you are interested in trading
STOCKS AT 52-WEEK LOW FOR November 3, 2020, US STOCK MARKET 52-week low stocks at the close of the US stock market on November 3 , 2020. Stock market data: Investing.com STOCK MARKET Daily posts about the US stock market, stock news, stocks, stock market news, stock market today, investing
Stocks biggest gainers April 1, 2020, US stock market These are the stocks biggest gainers for the US stock market on Wednesday, April 1, 2020: Stock market data: Investing.com Stock market Daily stock news, stocks, stock market news, and a premium stock market newsletter, with stocks to buy, stocks to sell, investing. Trading and Investing Check this link if you are interested in trading.
Stock Market News October 28 2019 The US stock market closed at record highs. All major indices closed higher on Monday, October 28, 2019. This is the summary for US stock market at close on Monday October 28, 2019: S&P 500: 3,039.42,+16.87(+0.56%) Dow 30: 27,090.72,+132.66(+0.49%) Nasdaq: 8,325.99,+82.87(+1.01%) Russell 2000: 1,571.93,+13.22(+0.85%) Stocks biggest gainers Tiffany & Co. (TIF) was among stocks biggest gainers closing at $129.72+$31.17 (+31.63%). Stocks biggest losers PG&E Corporation (PCG) was among stocks biggest losers closing at $3.8000-$1.2000 (-24.00%). Stock investing | Stock trading | Most active stocks AT&T Inc. (T) was among most active stocks closing at $38.49+$1.58 (+4.28%). U.S. Sectors & Industries Performance Information Technology was the best performing sector +1.26%, Utilities was the worst performing sector -1.31%. Stock earnings calendar Notable earnings today are Baidu (BIDU), Merck (MRK), Pfizer (PFE), ConocoPhillips (COP), General Motors (GM), Shopify (SHOP), Incyte (INCY), Kellogg (K), Mattel (MAT), Mondelez (MDLZ), Amgen (AMGN), Electronic Arts (EA), FireEye (FEYE), Advanced Micro Devices (AMD). Stock market update All data about stocks , stock investing, stock trading is taken from Yahoo Finance, Fidelity and stockcharts.com. This report is written by Stavros Georgiadis, CFA Equity Research Analyst, Investment Strategist.
Biggest stock gainers on July 17, 2020 These are the biggest stock gainers, top stock gainers at the close of the US stock market on July 17, 2020. Stock market data: Investing.com Stock market Daily posts about the US stock market, stock news, stocks, stock market news, stock market today, investing, and a stock market newsletter, with stocks to buy, stocks to sell. Trading and Investing Check this link if you are interested in trading
Stock market An interesting quote about stock market, stock trading, stock investing. Stocks Trading, investing, buying stocks is a long-term investment, but with recent stock market volatility, buying stocks can provide a good retund in a short period of time. So stock trading is not always a long-term investment. If you have made a good profit buying stocks in this US stock market rally, then this is another reason why stock investing is both risky, but can be rewarding as well. In our stock market newsletter we provide stock picks for the medium to long-term time horizon.
Stock market A great stock market and investing quote: You get recession, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets. Peter Lynch
Stock futures At 9:15 AM, ET time today the stock futures are rising, and point to another higher open for the US stock market. Dow futures are up 146 points, Nasdaq futures are up 73 points. S&P Futures: 3,458.00,+20.50(+0.60%)Dow Futures: 28,456.00,+146.00(+0.52%)Nasdaq Futures: 11,612.00,+73.00(+0.63%)Russell 2000 Futures: 1,641.00,+14.30(+0.88%) Stock market data: Yahoo Finance
Stock futures At 8:45 AM, ET time today the stock futures decline, and a lower open for the US stock market today should be expected. Dow Jones futures decline 360 points, Nasdaq futures fall more than 200 points. S&P Futures: 3,323.25,-44.50(-1.32%)Dow Futures: 27,329.00,-360.00(-1.30%)Nasdaq Futures: 11,343.25,-231.50(-2.00%)Russell 2000 Futures: 1,505.30,-22.10(-1.45%) “Markets reeled from the revelation that President Donald Trump has tested positive for Covid-19, and that the economy created fewer-than-expected jobs last month.” Stock market data: Yahoo Finance
STOCKS AT 52-WEEK LOW FOR NOVEMBER 23, 2020, US STOCK MARKET 52-week low stocks at the close of the US stock market on November 23, 2020. Stock market data: Investing.com STOCK MARKET Daily posts about the US stock market, stock news, stocks, stock market news, stock market today, investing
Stocks biggest gainers for April 15, 2020, US stock market These are the stocks biggest gainers for the US stock market on Wednesday, April 15, 2020: Stock market data: Investing.com Stock market Daily posts about the US stock market, stock news, stocks, stock market news, stock market today, investing, and a premium stock market newsletter, with stocks to buy, stocks to sell. Trading and Investing Check this link if you are interested in trading
Stock market today The US stock market closed higher in the first trading session of October 2020. Dow Jones closed flat, up 35 points, small-cap stocks outperformed. S&P 500 gained about 18 points. The closing numbers for the US stock market today: S&P 500: 3,380.80,+17.80(+0.53%)Dow 30: 27,816.90,+35.20(+0.13%)Nasdaq: 11,326.51,+159.00(+1.42%)Russell 2000: 1,531.20,+23.51(+1.56%) Stock market news “The economic situation at the hands of the pandemic remains dire. Airlines American Airlines (AAL) and United Airlines Holdings (UAL) are moving forward with a collective 32,000 job cuts after contingencies tied to federal coronavirus relief aid they received earlier this year expired on Wednesday. And a host of companies across industries announced new forthcoming job cuts this week, indicating that the historic workforce reductions taking place earlier this year amid the pandemic had not finished yet. Disney (DIS) said Tuesday it would be cutting 28,000 workers across its resort business, and insurance giant Allstate (ALL) on Wednesday announced an about 8% workforce reduction impacting some 3,800 jobs. Goldman Sachs (GS) is also reportedly looking to cut about 400 jobs, Bloomberg reported Wednesday, and the oil major Shell (RDS-B) announced plans to cut up to 9,000 jobs by 2022. The labor market reports Thursday and Friday did not and will not capture these planned layoffs. The Labor Department’s weekly jobless claims report Thursday morning showed that another 837,000 people filed first-time unemployment insurance claims for the week ended Sept. 26. That was below consensus forecasts of 850,000 and a marginal improvement from the previous week’s 870,000 — but the fifth straight week that new claims totaled fewer than 1 million. Meanwhile, Friday’s monthly jobs report – the last before the election – is expected to show a fifth straight month of net payroll gains, with consensus economists looking for 868,000 jobs to have come back in September.” Stock market data: Yahoo Finance stocks today Stocks that moved today, were trending stocks: Bed Bath & Beyond Inc. (BBBY): 18.75+3.77 (+25.13%) Solid Biosciences Inc. (SLDB): 3.4600+1.4300 (+70.44%) Pinterest, Inc. (PINS): 44.53+3.02 (+7.28%) Etsy, Inc. (ETSY): 131.69+10.06 (+8.27%) Carvana Co. (CVNA): 238.10+15.04 (+6.74%) All stock quotes, stock prices are at the close of the stock market today.
Stock market news Today the comments Federal Reserve Chairman Jerome Powell made move the US stock market. “Federal Reserve Chairman Jerome Powell said the central bank would continue to use its policy tools to mitigate the impact of the novel coronavirus on the U.S. economy, but warned that the length of the health crisis raises “longer-term concerns.” Powell said in prepared remarks Wednesday that the depth and length of a recession can “leave behind lasting damage” to an economy’s productivity, a hint that those inside the Fed see slim chances of a quick, V-shaped recovery. “The recovery may take some time to gather momentum, and the passage of time can turn liquidity problems into solvency problems,” Powell said. Powell said household and business insolvencies and the loss of small and medium-sized businesses could “limit the strength of the recovery when it comes,” adding that the loss of jobs risks widening the skills gap depending on how long the unemployed remain without work. Powell pointed to a Fed survey being released tomorrow that details a 40% loss of jobs among households making less than $40,000 a year. A weak recovery, Powell said, could also harm business investment which would limit the return of jobs in a recovery.” Source: https://finance.yahoo.com/news/federal-reserve-chairman-powell-us-economy-faces-longer-term-concerns-130001781.html “Dow futures stumble as Fed’s Powell says economic outlook uncertain” Source: https://www.marketwatch.com/story/stock-index-futures-edge-higher-ahead-of-remarks-by-feds-powell-2020-05-13?siteid=yhoof2&yptr=yahoo Stock market factors to consider The following can be said after hearing the comments from Federal Reserve Chairman Jerome Powell. A lasting damage to the US economy A V-shape recovery that is not so realistic Negative interest rates are for now off the table Longer-term concerns about the economic outlook To the extent that the labor market does not recover as quickly as expected the US economic growth may witness a delay in recovery, and this is negative for the stocks and their profitability, valuation.
Nasdaq today NASDAQ Composite Index today closed at 8,192.42, +38.85 +0.48%. The DAY RANGE was 8,035.95 – 8,200.44. Stock market data: MarketWatch.com Stock market Stock market news, stocks, investing, stock market today. Daily business and financial news about the US stock market. Trading and Investing Check this link if you are interested in trading