Stock market news for May 21, 2020

Stock market news

The US stock market fell on May 21, 2020 after another weak initial jobless claims report was released. “U.S. Stocks Lose Some Momentum, Fall Amid Weak Data.
After big gains earlier in the week, indexes drift lower as 2.4 million Americans filed for unemployment benefits. U.S. stocks slipped Thursday, paring gains from earlier in the week after data showed another wave of Americans applied for unemployment benefits because of the coronavirus pandemic.”


Stock market close on May 21, 2020

S&P 500: 2,948.51,-23.10(-0.78%)
Dow 30: 24,474.12,-101.78(-0.41%)
Nasdaq: 9,284.88,-90.90(-0.97%)
Russell 2000: 1,350.66,+3.73(+0.28%)

Stock movers

Tilray, Inc. (TLRY) stock was among stock movers with a stock price of
9.65+1.60 (+19.88%). Other stocks that moved were Signature Aviation plc (BBAVF) with a stock price of 4.1000+1.5400 (+60.16%) and Federal National Mortgage Association (FNMFM) stock closing at 14.53+2.53 (+21.08%).

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

Stock gainers

Surface Oncology Inc. (SURF):5.95,+ 2.07 +53.35%
Aurora Cannabis Inc. (ACB): 17.40,+4.65 +36.47%
LMP Automotive Holdings Inc. (LMPX) 9.54,+2.43 +34.18%

Stock losers

Luckin Coffee Inc. ADR (LK): 2.01, -0.81 -28.72%
ShiftPixy Inc. (PIXY): 5.36, -1.80 -25.14%
Entera Bio Ltd. (ENTX): 2.08, -0.62 -23.03%

Most active stocks

Luckin Coffee Inc. ADR (LK): 2.01, -0.81 -28.72%
Surface Oncology Inc. (SURF): 5.95,+ 2.07 53.35%
Norwegian Cruise Line Holdings Ltd. (NCLH): 14.03, 1.25 +9.78%

Stock market source:

Stock Market, U.S. Sectors & Industries Performance

Industrials were the best performing sector +0.17%, Energy was the worst-performing sector -1.48%.

U.S. Sectors & Industries Performance for May 21, 2020
U.S. Sectors & Industries Performance for May 21, 2020


Stock market update

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


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Cruise stocks rally to extend recent rocket ride

Cruise stocks continue to rise

“Shares of cruise operators rallied again Wednesday, with Royal Caribbean Cruises Ltd. rcl leading the way higher in afternoon trading. Royal Caribbean’s stock ran up 10.4%, after rocketing 37.6% the over the previous two days; Carnival Corp. shares ccl surged 5.0 after soaring 41.8% over the previous three sessions; and Norwegian Cruise Line Holdings Ltd.’s stock nclh hiked up 4.6% after shooting 31.1% higher the previous three sessions. The gains comes as the S&P 500 spx rallies 3.0%. Instinet analyst Harry Curtis said based on his new cash burn and recovery forecasts for the cruise industry through 2023, he believes all three companies have enough liquidity and borrowing capacity to survive near-zero revenue through the first quarter of 2021. “Many times we’ve been asked about bankruptcy, and we believe it to be low,” Curtis wrote in a note to clients. He expects a “modest” recovery for the industry to begin in the second half of 2020, with the first quarter of 2021 the possible “turning point.” Curtis said there may be 70% to 90% upside in the stocks over the next three years.”

Stock market data:

Cruise stocks today

Royal Caribbean Cruises Ltd. (RCL) stock: 37.15,+3.64,+10.85%

Carnival Corp.(CCL) stock: 11.90,+0.60 +5.31%

Norwegian Cruise Line Holdings Ltd. (NCLH) stock: 11.63,+0.615,+5.59%

All stock quotes are taken from Marketwatch 15-20 minutes before the close today.

Stock market news March 11 2020

Stock market news, US stock market, March 11, 2020

“It’s officially a bear market, as major indices dive another 5%. On Wednesday, the Dow closed in a bear market, down over 5% (and down 20% from its intraday high last month), while the S&P 500 closed down nearly 5%. At midweek, markets have been on an exhaustingly volatile path, as major indexes plummeted over 7% on Monday, recovered up around 5% on Tuesday, and down about 5% on Wednesday.”, Source:

How stock market, US stocks closed on Wednesday, March 11, 2020-Financial and business news

  • S&P 500: 2,741.38,-140.85(-4.89%)
  • Dow 30: 23,553.22,-1,464.94(-5.86%)
  • Nasdaq: 7,952.05,-392.20(-4.70%)
  • Russell 2000: 1,264.30,-86.60(-6.41%)

Stocks biggest gainers

Vir Biotechnology, Inc. (VIR) was among stocks biggest gainers closing at
33.77+3.86 (+12.91%).

VIR daily stock chart
VIR daily stock chart

Stocks biggest losers

Norwegian Cruise Line Holdings Ltd. (NCLH) was among stocks biggest losers closing at 15.03-5.47 (-26.68%).

NCLH daily stock chart
NCLH daily stock chart

Stock investing | Stock trading | Most active stocks

Vale S.A. (VALE) was among most active stocks closing at 8.50-0.90 (-9.57%).

VALE daily stock chart
VALE daily stock chart

U.S. Sectors & Industries Performance

With the stock market selloff and the continuous selling pressure for stocks, all sectors closed lower. Health Care was the best performing sector -3.91%, Industrial was the worst perfoming sector -5.95%.

Stock earnings

Notable earnings today include Slack Technologies, Inc. (WORK).

Stock market update

All data about stock market, stocks , stock investingstock trading is taken from Yahoo Finance, Fidelity, and

This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.