SPCE

20 Feb: Stock market news February 19 2020

Stock market news

Stock market update, how stock market closed today, stock news, stock trading, stock investing, stock prices, stock market news, US stock market, Wednesday, February 19, 2020:

Another stock market rally, all major US stock market indexes closed higher with demand for tech stocks as Nasdaq had the biggest gains among other stock market indices.

How stock market, US stocks closed on Wednesday, February 19, 2020-Financial and business news

  • S&P 500: 3,386.15,+15.86(+0.47%)
  • Dow 30: 29,348.03,+115.84(+0.40%)
  • Nasdaq: 9,817.18,+84.44(+0.87%)
  • Russell 2000: 1,692.57,+9.05(+0.54%)

Stocks biggest gainers

Enphase Energy, Inc. (ENPH) was among stocks biggest gainers closing at
57.22+17.05 (+42.44%).

ENPH daily stock chart | stocks | stock market
ENPH daily stock chart | stocks | stock market

Stocks biggest losers

Scientific Games Corporation (SGMS) was among stocks biggest losers
closing at 24.09-5.30 (-18.02%).

SGMS  daily stock chart | stocks | stock market
SGMS daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Virgin Galactic Holdings, Inc. (SPCE) was among most active stocks closing at 37.35+7.05 (+23.27%).

SPCE daily stock chart | stocks | stock market
SPCE daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Energy was the best performing sector +1.32%, Real Estate was the worst performing sector -1.36%.

Economic data

Economic data for today which may move the stock market, stocks.

“The Philadelphia Fed will release its February business activity outlook survey Thursday morning at 8:30 a.m. ET. Consensus economists expect the report will show manufacturing activity weakened slightly in the region in February versus January, with the headline index dropping to 11.0 from 17.0. February’s print had marked the highest level since May 2019.”, source: Yahoo Finance

Stock earnings

Notable earnings today include Norwegian Cruise Lines (NCLH), Southern Co (SO), Universal Display Corp (OLED), Newmont Corporation (NEM).

Stock market update

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

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

19 Feb: Stock market news February 18 2020

Stock market news

Stock market update, how stock market closed today, stock news, stock trading, stock investing, stock prices, stock market news, US stock market, Tuesday, February 18, 2020:

A correction for the US stock market on Tuesday, February 18, 2020, although Nasdaq closed flat.

How stock market, US stocks closed on Tuesday, February 18, 2020-Financial and business news

  • S&P 500: 3,370.29,-9.87(-0.29%)
  • Dow 30: 29,232.19,-165.91(-0.56%)
  • Nasdaq: 9,732.74,+1.56(+0.02%)
  • Russell 2000: 1,683.52, -4.06(-0.24%)

Stocks biggest gainers

Legg Mason, Inc. (LM) was among stocks biggest gainers closing at
50.66+9.94 (+24.41%).

LM daily stock chart | stocks | stock market
LM daily stock chart | stocks | stock market

Stocks biggest losers

Fluor Corporation (FLR) was among stocks biggest losers closing at
14.79-4.75 (-24.31%).

FLR daily stock chart | stocks | stock market
FLR daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Virgin Galactic Holdings, Inc. (SPCE) was among most active stocks closing at 30.30+1.62 (+5.65%).

SPCE daily stock chart | stocks | stock market
SPCE daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Utilities was the best performing sector +0.79%, Financial was the worst performing sector -0.89%.

Economic data

“Economic data releases scheduled for Wednesday include the Census Bureau’s monthly report on housing starts and building permits, and the Labor Department’s January producer price index.”, Source: Yahoo Finance.

There is also the release of Fed meeting minutes.

Stock earnings

Notable earnings today include Avis Budget Group Inc (CAR), Hollysys Automation Technologies Ltd (HOLI), Jack in the Box Inc (JACK).

Stock market update

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

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



18 Feb: Virgin Galactic’s stock soars today but ends up giving most of its gains

Virgin Galactic Holdings, Inc. (SPCE) Stock

“Virgin Galactic Holdings Inc <SPCE.N> shares surged 24% on Tuesday, extending a rally since early December to over 400% and evoking a warning from an analyst who likes the space tourism company but warns it has become overbought.

Shares of the company backed by billionaire Richard Branson have taken off in popularity among individual investors in recent sessions, nearly displacing Tesla Inc <TSLA.O>, another favorite among non-professional investors.” Source: https://finance.yahoo.com/news/virgin-galactics-stock-soars-fueled-185550996.html

Virgin Galactic stock chart

Virgin Galactic stock chart
Virgin Galactic stock chart

When stocks move in such a way, there is momentum, and often it is not news or any fundamentals. We suggest extreme caution to this Virgin Galactic Holdings, Inc. (SPCE) stock rally.

The daily range today for the stock was 28.75 – 38.67 was 28.75 – 38.67, and Virgin Galactic Holdings, Inc. (SPCE) stock made a new 52-week high at 38.67.

Virgin Galactic Frenzy Starting to Look a Little Like Tesla Run

“(Bloomberg) — A seven-day surge in Virgin Galactic Holdings Inc. has lifted the stock four times above its level in December. Gains are snowballing, options traders are piling in, chatrooms are lighting up. It’s all starting to look similar to another space-age growth stock’s recent run.

Though the company is just a fraction of Tesla Inc. in terms of market value, the frenzy around its shares is similar. The average increase in Virgin’s share price has totaled more than 9% since last Monday, and double-digit rallies have been propagating.” Source: https://finance.yahoo.com/news/virgin-galactic-frenzy-starting-look-201956446.html

15 Feb: Stock market news February 14 2020

Stock market news February 14 2020

Stock market update, how stock market closed today, stock news, stock trading, stock investing, stock prices, stock market news, US stock market, Friday, 14, 2020:

S&P 500 and Nasdaq end at records to end week, amid signs of soft retail sales, coronavirus spread. Retail sales gains were muted in January and industrial production declined but consumer confidence was near a 15-year high in early February. The Nasdaq and S&P 500 finished at records Friday, after bouncing between small gains and losses, as investors parsed mixed data on the strength of the U.S. consumer and monitored the spread of COVID-19 in China. For the week, the Dow advanced 1%, the S&P 500 1.6%, and the Nasdaq 2.2%.

Source: MarketWatch

How stock market, US stocks closed on Friday, February 14, 2020-Financial and business news

  • S&P 500: 3,380.16,+6.22(+0.18%)
  • Dow 30: 29,398.08,-25.23(-0.09%)
  • Nasdaq: 9,731.18,+19.21(+0.20%)
  • Russell 2000: 1,687.58,-6.15(-0.36%)

Stocks biggest gainers

The Chemours Company (CC) was among stocks biggest gainers closing at 19.37+3.69 (+23.53%).

CC daily stock chart | stocks | stock market
CC daily stock chart | stocks | stock market

Stocks biggest losers

CarGurus, Inc. (CARG) was among stocks biggest losers closing at 25.05-9.05 (-26.54%).

CARG daily stock chart | stocks | stock market
CARG daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Virgin Galactic Holdings, Inc. (SPCE) was among most active stocks, closing at 28.68+5.02 (+21.22%).

SPCE daily stock chart | stocks | stock market
SPCE daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Real Estate was the best performing sector +1.11%, Energy was the worst performing sector -0.81%

Stock market update

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

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

23 Jan: Stock market news January 22 2020

Stock market news January 22 2020

The US stock market closed almost flat.  This is the summary for US stock market at close on Wednesday, January 22, 2020:

How stock market closed on Wednesday, January 22, 2020-Financial and business news

  • S&P 500: 3,321.75,+0.96(+0.03%)
  • Dow 30: 29,186.27,-9.77(-0.03%)
  • Nasdaq: 9,383.77,+12.96(+0.14%)
  • Russell 2000: 1,684.46,-1.44(-0.09%)

Stocks biggest gainers

Virgin Galactic Holdings, Inc. (SPCE) was among stocks biggest gainers closing at 19.72 +2.42 (+13.99%).

SPCE daily stock chart | stocks | stock market

Stocks biggest losers

Zions Bancorporation, National Association (ZIONW) was among stocks biggest losers closing at 15.20 -2.44 (-13.83%).

ZIONW daily stock chart | stoks | stock market

Stock investing | Stock trading | Most active stocks

General Electric Company (GE) was among stock active stocks closing at 11.37 -0.29 (-2.49%).

GE daily stock chart | stocks | stock market

U.S. Sectors & Industries Performance

Information Technology was the best performing sector +0.37%, Energy was the worst performing sector -0.89%.

Notable earnings today

Notable earnings today include Procter & Gamble (PG), chipmaker Intel (INTC), American Airlines (AAL), Kimberly-Clark (KMB), Comcast (CMCSA), Freeport-McMoran (FCX), Southwest Airlines (LUV), Travelers (TRV), VF Corp (VFC), Union Pacific (UNP) before market open; plus Intel (INTC) and Las Vegas Sands (LVS) after market close.

Stock market update

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

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