Sam is a professional trader and the lead stock market news writer at AskTraders. After starting his career in the forex market, Sam now focuses on gold and stocks with a preference for fundamental and macroeconomic analysis.
A bit of a flat end to the week, although the tech-heavy Nasdaq had a bit of a fall.
I hope you all had a positive week. Have a good weekend!
AMC Entertainment Stock is up over 14% at $4.75 per share after the company said that it expects all international theatres to resume operations in the text two to three weeks.
Stamps.com shares are up 16% at $304.73 after the company reported better than expected Q2 EPS and sales.
OpGen Inc stock is trading 53% higher at $3.36 per share after the company announced they have a 10 minute Covid-19 test kit that has been granted Emergency Use Authorisation by the FDA.
Heres how US stocks are performing so far today. Some of the big names not doing too well…
Alteryx shares are trading 27% lower at $122.11 after the company issued Q3 and Fiscal 2020 sales guidance below analyst estimates.
The FTSE just about finishes positive for the day after a last-minute jump.
Conduent Inc +87%
Kazia Therapeutics +55%
Sirius Intl Insurance Group +40%
Theravance Biopharma -8%
Right, I am back in action after a small break, apologies. Let’s take a look at how US equities are performing…
Gold has plummeted as well…
Maybe I should have continued my break!
Non-farm payrolls July: 1763k vs exp 1620k
US unemployment rate July: 10.25 vs exp 10.5%
Biogen Inc shares are trading higher, up 11.65% premarket, after the company announced the FDA has accepted its Aducanumab Biologics License Application for Alzheimer’s Disease with priority review.
Current price (premarket): $310
Go-Ahead Group’s share price has plunged over 4% to 571.5p per share.
The company yesterday announced they would be delaying the release of annual results by 14-days due to COVID-19 disruptions.
Morgan Stanley has said that the US dollar is now at its most oversold level in over 40 years. Turns tactically neutral from its previously bearish stance.
Scapa Group +38%
Hikma Pharmaceuticals +10%
Midwich Group +8%
Aston Martin Lagonda +6%
Global Fashion Group +6%
Good morning all…
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .