HTZ

16 Jun: Stock market news for June 15, 2020

Stock market news

“Stocks rebound as markets swing on coronavirus fears.

Stocks clawed back gains Monday, erasing early losses after the Federal Reserve signaled it would further support financial markets in the wake of the coronavirus pandemic, boosting investor confidence.

The Dow Jones industrial average climbed 157.62 points to close at 25,763.16, cutting declines after tumbling more than 700 points shortly after the opening bell. A rise in virus cases in the U.S. and China had briefly dampened investors’ optimism for a global economic recovery.

Stocks, however, added to gains after the Federal Reserve said Monday it would buy individual corporate bonds, a sign the central bank will further support credit markets during the pandemic. The Fed said earlier this year it would buy corporate bond exchange traded funds.

A rise in shares of big technology companies helped offset declines in industries that were battered by the pandemic including airlines, retailers and cruise liners.

The Standard & Poor’s 500 added 0.8% to end at 3,066.59, after finishing its worst week in nearly three months on Friday to snap a three-week winning streak. Airline, retail and cruise liners were among the biggest decliners, beaten-down stocks that had rebounded in May on hopes that the economy was recovering. United Airlines fell about 2%. Retailer Kohl’s lost 2% while shares of Carnival dropped nearly 3%.

The technology-heavy Nasdaq Composite rose 1.4% to finish at 9,726.02, helped by gains in highflying shares like Facebook and Netflix.”

Source: https://eu.usatoday.com/story/money/2020/06/15/dow-tumbles-fears-coronavirus-resurgence/3189922001/

How the US stock market closed on June 15, 2020

S&P 500: 3,066.59,+25.28(+0.83%)
Dow 30: 25,763.16,+157.62(+0.62%)
Nasdaq: 9,726.02, +137.21(+1.43%)
Russell 2000: 1,419.61, +31.92(+2.30%)

Stock market volatility

The CBOE Volatility Index (^VIX) at close fell to 34.40-1.69 (-4.68%). Stock market volatility fell although the major stock indices recovered their losses and closed higher.

Stock movers

Urban One, Inc. (UONE) stock was among top stock gainers with a stock price at close of 6.54+4.70 (+255.43%). There was a surge in volume for UONE stock, 25,060,500 shares traded compared to the average volume of 408,234.

Stock gainers

Edesa Biotech Inc. (EDSA): 5.80,+ 2.90 +100.00%
Net Element Inc. (NETE): 6.90,+ 2.30 +50.00%
Celldex Therapeutics Inc. (CLDX): 10.71,+ 2.91 +37.31%

Stock losers

Hertz Global Holdings Inc. (HTZ): 1.88, -0.95 -33.57%
China Rapid Finance Ltd. ADR (XRF): 2.34, -0.49 -17.31%
Art’s Way Manufacturing Co. (ARTW): 2.54, -0.51 -16.72%

Most active stocks

Hertz Global Holdings Inc. (HTZ): 1.88, -0.95 -33.57%
American Airlines Group Inc. (AAL): 16.70, -0.04 -0.24%
Genius Brands International Inc. (GNUS): 4.52, +0.36 +8.65%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

All sectors closed higher. Financials were the best performing sector +1.38%, Energy was the worst-performing sector +0.09%.

U.S. Sectors & Industries Performance for June 15, 2020
U.S. Sectors & Industries Performance for June 15, 2020

Source: Fidelity

Stock market update

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13 Jun: Stock market news for June 12, 2020

Latest US stock market news. Dow gained more than 470 points, small-cap stocks outperformed. The major stock indices fluctuated between gains and losses but closed higher.

How the US stock market closed on June 12, 2020

S&P 500: 3,041.31,+39.21(+1.31%)
Dow 30: 25,605.54,+477.37(+1.90%)
Nasdaq: 9,588.81,+96.08(+1.01%)
Russell 2000: 1,387.68,+31.46(+2.32%)

Stock market volatility

The CBOE Volatility Index (^VIX) closed at 36.09-4.70 (-11.52%).

CBOE Volatility Index (^VIX) chart year-to-date
CBOE Volatility Index (^VIX) YTD

Source: Yahoo Finance

Stock movers

JAKKS Pacific, Inc. (JAKK) stock closed higher with gains of more than 80% at 1.1400+0.5095 (+80.81%).

Stock gainers

Net Element Inc. (NETE): 4.60,+ 2.01 +77.61%
Vaxcyte Inc. (PCVX): 26.15 +10.15 +63.44%
Avidity Biosciences Inc. (RNA): 28.50 +10.50 +58.33%

Stock losers

IZEA Worldwide Inc. (IZEA): 1.72, -1.10 -39.01%
Tarena International Inc. ADR (TEDU): 1.94, -0.76 -28.15%
Wins Finance Holdings Inc. (WINS): 35.99, -14.01 -28.02%

Most active stocks

Hertz Global Holdings Inc. (HTZ): 2.83,+ 0.77 +37.38%
American Airlines Group Inc. (AAL): 16.74 , +2.36 +16.41%
Norwegian Cruise Line Holdings Ltd. (NCLH): 20.50,+ 3.25 +18.84%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

The Real Estate sector was the best performing sector +3.16%, the Utilities sector was the worst-performing sector -0.22%.

U.S. Sectors & Industries Performance for June 12, 2020
U.S. Sectors & Industries Performance for June 12, 2020

Source: Fidelity

Stock market update

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10 Jun: Stock market news for June 9, 2020

Stock market news

The Nasdaq composite index made a new record high and topped the 10,000 level, closing marginally below it. The other major stock indices had losses, Dow Jones fell 300 points.

How the US stock market closed on June 9, 2020

S&P 500: 3,207.18,-25.21(-0.78%)
Dow 30: 27,272.30,-300.14(-1.09%)
Nasdaq: 9,953.75,+29.01(+0.29%)
Russell 2000: 1,507.92,-28.97(-1.89%)

Stock market source: Yahoo Finance

Stock movers

Immuron Limited (IMRN) stock gained more than 800%, with a stock price of 20.00+17.80 (+809.09%) at the close.

Stocks that were top gainers, top losers and most active:

Stock gainers

Immuron Ltd. ADR (IMRN): 20.00,+ 17.90 +852.34%
Fangdd Network Group Ltd. ADR (DUO): 47.06, +37.55 +394.85%
Liberty TripAdvisor Holdings Inc. Series B (LTRPB): 41.52, +15.03 +56.74%

Stock losers

Chesapeake Energy Corp. (CHK): 23.75, -46.17 -66.03%
Valaris PLC (VAL) : 1.36, -0.83 -37.90%
Fossil Group Inc. (FOSL): 5.03, -3.06 -37.86%

Most active stocks

Hertz Global Holdings Inc. (HTZ): 4.18, -1.35 -24.41%
NIO Inc. ADR (NIO): 6.68,+ 0.71 +11.89%
Macy’s Inc. (M): 8.87, -0.68 -7.12%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Information Technology was the best performing sector +0.48%, Energy was the worst-performinf sector -3.59%.

U.S. Sectors & Industries Performance for June 9, 2020
U.S. Sectors & Industries Performance for June 9, 2020

Source: Fidelity

Stock market update

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09 Jun: Stock market news for June 8, 2020

Stock market news

“Despite Recession, Stock Markets Turn Positive for the Year
The S&P 500 climbed back above where it began the year on the same day that economists said the United States fell into a recession in February.”

Source: https://www.nytimes.com/2020/06/08/business/recession-stock-market-coronavirus.html

How the US stock market closed on June 8, 2020

S&P 500: 3,232.39,+38.46(+1.20%)
Dow 30: 27,572.44,+461.46(+1.70%)
Nasdaq: 9,924.75,+110.66(+1.13%)
Russell 2000: 1,536.89,+29.74(+1.97)%

Stock movers

Hertz Global Holdings, Inc. (HTZ) stock gained more than 100%, with a stock price at the close of 5.53+2.96 (+115.18%).

Hertz Global Holdings, Inc. (HTZ) stock chart
Hertz Global Holdings, Inc. (HTZ) stock chart

Source: Stockscharts

Stocks that were top gainers, top losers and most active:

Stock gainers

Chesapeake Energy Corp. (CHK): 69.92,+ 45.12 +181.94%
Hertz Global Holdings Inc. (HTZ): 5.53,+ 2.96 +115.18%
AG Mortgage Investment Trust Inc. (MITT): 7.57, +3.97 +110.28%

Stock losers

Ekso Bionics Holdings Inc. (EKSO): 3.95, -1.23 -23.75%
Opiant Pharmaceuticals Inc. (OPNT) : 9.04, -2.66 -22.74%
Emergent Biosolutions Inc. (EBS): 68.69, -18.22 -20.96%

Most active stocks

Hertz Global Holdings Inc. (HTZ): 5.53,+ 2.96 +115.18%
American Airlines Group Inc. (AAL): 20.31,+ 1.72+ 9.25%
General Electric Co. (GE): 8.46, +0.58 +7.36%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Energy was the best performing sector +4.32%, Materials was the worst-performing sector +0.10%.

U.S. Sectors & Industries Performance
U.S. Sectors & Industries Performance

Source: Fidelity

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

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27 May: Hertz stock rallies today more than 100%

Hertz Global Holdings, Inc. (HTZ) stock news

Hertz Global Holdings, Inc. (HTZ) stock today rallies more than 100% as of 10:38 AM, Wednesday, May 27, 2020, Eastern Time (ET). The stock price is at 1.2924+0.7374 (+132.8649%). However there is very important news related to the fundamentals of the stock, the company has recently filed for bankruptcy and most probably will very soon get delisted. Stocks like this get a lot of volatility mostly for speculation. Not for investing under these market conditions.

“The New York Stock Exchange initiated proceedings to delist Hertz Global Holdings Inc (NYSE: HTZ) on Tuesday following the car rental chain’s bankruptcy filing, according to Reuters.

Coronavirus Fuels Hertz Bankruptcy Filing

Economic damage from the coronavirus forced Hertz to file for Chapter 11 bankruptcy Friday after nearly a month of speculation. Between Feb. 20 and May 26, as the pandemic stalled airport business, Hertz’s stock fell from $20.29 to $2.84.”

Source: https://finance.yahoo.com/news/nyse-delist-bankrupt-hertz-report-125643945.html

Hertz Global Holdings, Inc. (HTZ) stock chart

Hertz Global Holdings, Inc. (HTZ) stock chart
Hertz Global Holdings, Inc. (HTZ) stock chart

Stock market source: Stockscharts.com

27 May: Stock market news for May 26, 2020

Stock market news May 26, 2020

“Dow closes up 500 points, tests 25,000 level, on recovery hopes and vaccine news.

U.S. stocks finished higher Tuesday, but off key levels following a long holiday weekend, as investors were emboldened by fresh coronavirus vaccine news and signs that global economies are crawling back from the pandemic shutdown.

How did benchmarks perform?
The Dow Jones Industrial Average DJIA, +2.16% climbed 529.95 points, or 2.2%, to end at 24,995.11, after trading above 25,000 earlier in the session.

The S&P 500 index SPX, +1.22% rose 36.32 points, or 1.2%, to close at 2,991.77, shy of its 200-day moving average of 2,999.81, according to FactSet data. The 200-day moving average is viewed by market technicians as a dividing line between long-term bullish and bearish trends. Meanwhile, the Nasdaq Composite COMP, +0.16% gained 15.63 points, or 0.2%, finishing at 9,340.22.

The Dow finished the session 15.4% off its all-time closing high in February, the S&P 500 index off by 11.7% and the Nasdaq less than 5% from its record close.

What drove the market?
Investors were focusing on positive signs in the global economy, news of the gradual removal of economic restrictions related to COVID-19 and signs that Americans are beginning to feel safe enough to travel and congregate in larger groups.

“It’s all about optimism for the economy reopening,” said Megan Horneman, portfolio strategist at Verdence Capital Advisors. “That’s the big driver for the market today.”

Stock market source: https://www.marketwatch.com/story/dow-futures-climb-500-points-on-recovery-hopes-and-vaccine-news-2020-05-26

Stock market closing numbers on May 26, 2020

S&P 500: 2,991.77,+36.32(+1.23%)
Dow 30: 24,995.11,+529.95(+2.17%)
Nasdaq: 9,340.22,+15.63(+0.17%)
Russell 2000: 1,394.61,+39.07(+2.88%)

Source: Yahoo Finance

Stock movers

Moderna, Inc. (MRNA) stock fell more than 16% closing at 57.71-11.29 (-16.36%). Luckin Coffee Inc. (LK) stock gained more than 50%, with a stock price at close of 2.1300+0.7400 (+53.24%).

Stocks that were top gainers, top losers and most active:

Stock gainers

Emerald Holding Inc. (EEX): 2.77,+0.74 +36.45%
iMedia Brands Inc. (IMBI): 3.35, +0.87 +35.08%
arGEN-X SE ADR (ARGX): 212.12,+54.16 +34.29%

Stock losers

Hertz Global Holdings Inc. (HTZ): 0.56,-2.29 -80.46%
LATAM Airlines Group S.A. ADR (LTM): 1.68 -0.90 -34.88%
BioLine RX Ltd. ADR (BLRX): 1.65 -0.74 -30.96%

Most active stocks

Hertz Global Holdings Inc. (HTZ): 0.56 -2.29 -80.46%
General Electric Co. (GE): 6.80, +0.39 +6.08$
Bank of America Corp. (BAC): 24.28 +1.62 +7.15%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Financials were the best performing sector +5.04%, Health Care was the worst-performing sector -0.19%.

U.S. Sectors & Industries Performance for May 26, 2020
U.S. Sectors & Industries Performance for May 26, 2020

Source: Fidelity

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

Investing

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23 May: Stock market news for May 22, 2020

Stock market news

“The S&P 500 rose Friday and notched a big weekly gain as states around the country eased coronavirus restrictions, boosting hopes about an economic recovery.

Major indexes declined early in the day before reversing course or paring losses. The S&P 500 added 6.94 points, or 0.2%, to 2955.45. The Nasdaq Composite gained 39.71 points, or 0.4%, to 9324.59. The Dow Jones Industrial Average edged down 8.96 points, or less than 0.1% to 24465.”

Source: https://www.wsj.com/articles/global-stock-markets-dow-update-5-22-2020-11590119578

Stock market close on May 22, 2020

S&P 500: 2,955.45,+6.94(+0.24%)
Dow 30: 24,465.16,-8.96(-0.04%)
Nasdaq: 9,324.59,+39.71(+0.43%)
Russell 2000: 1,355.53,+7.97(+0.59%)

Source: Yahoo Finance

Stock movers

Hertz Global Holdings, Inc. (HTZ) stock was among stock movers closing at 2.8400-0.2300 (-7.49%). XpresSpa Group, Inc. (XSPA) stock gained more than 70% closing at 0.8800+0.3630 (+70.21%).

Stocks that were top gainers, top losers and most active:

Stock gainers

Renren Inc. ADR (RENN): 4.21,+1.16 +38.03%
Celsion Corp. (CLSN):3.03, +0.68 +28.94%
Xeris Pharmaceuticals Inc. (XERS): 5.80,+1.27 +28.04%

Stock losers

Recon Technology Ltd. (RCON):2.09, -1.61 -43.51%
Luckin Coffee Inc. ADR (LK): 1.39, -0.62 -30.85%
SeaChange International Inc. (SEAC): 1.77, -0.66 -27.16%

Most active stocks

Luckin Coffee Inc. ADR (LK): 1.39 -0.62 -30.85%
Ford Motor Co. (F): 5.65, +0.02 +0.36%
General Electric Co. (GE): 6.41, -0.07 -1.08%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

Real Estate was the best performing sector +2.21%, Energy was the worst performing sector -0.67%.

U.S. Sectors & Industries Performance for May 22, 2020
U.S. Sectors & Industries Performance for May 22, 2020

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

Investing

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