GameStop GME, -2.35% might be the unshortable stock. Shares in the Texas-based videogame retailer dropped by more than 10% at the open Monday after the company announced it has the option to sell up to 3.5 million shares of its common stock in the near future. But as has been …
Read More »Movement expands Pittsburgh market with Nicole Carlin and The Grimm Team
PITTSBURGH, Pennsylvania—Movement Mortgage, a national top 10 retail mortgage lender, is excited to announce the addition of Nicole Carlin, Michael Grimm and Colin Grimm to our Pittsburgh, PA market. Carlin (NMLS 1116063) has built a prominent name for herself in the mortgage industry for the last nine years and has …
Read More »Market Extra: Stock-market traders fixated on what ‘unprecedented’ Discovery, ViacomCBS selloff means for Wall Street
Stocks finished firmly higher Friday, capping a tumultuous week of trading in U.S. markets that concluded with the three main equity indexes booking weekly gains. But despite the upbeat note that the final full week in March delivered, strategists and market participants were chirping about a major block trade in …
Read More »Market Extra: Friday’s jobs report will be released to a closed stock market—that’s only occurred 12 times since 1980
Good Friday is next week and markets will be closed as per usual. However, what will be unusual is that the closure of financial exchanges in the U.S., and some other parts of the world, comes as the government is slated to release a key report on employment in the …
Read More »Market Snapshot: Nasdaq rises solidly as yields pull back but Dow nursing slight gain
U.S. stock benchmarks turned higher Monday, following losses for all three major indexes last week as investors weighed brightening economic prospects against worries that interest rates will climb sooner than anticipated. Investors will be attentive to comments from a parade of speakers from the Federal Reserve, including those from Chairman …
Read More »: Watch Tesla, Nikola and these other stocks as change comes for a trucking market worth $1.5 trillion, says UBS
Massive disruption is hurtling down the highway toward a $ 1.5 trillion global trucking market, as legacy manufacturers and new entrants alike grapple for pole position in a race for dominance in zero-emissions trucks. Electric vehicles have sped into the attention of investors in the last year, as stocks like …
Read More »Market Extra: Dow scores fastest 1,000-point move in history as it tops 33,000 milestone — here’s what drove it there
No one is likely to order any ball caps emblazoned with “Dow 33K,” but America’s most well-known stock index cleared another 1,000-point milestone on Wednesday. The Dow Jones Industrial Average DJIA, +0.58% ended the day up 189.42 points, a gain of 0.6%, to close at a record 33,015.37, just five …
Read More »Market Snapshot: Dow trades flat but Nasdaq slides ahead of Fed decision
U.S. stock benchmarks traded mostly lower Wednesday as investors awaited the outcome of an eagerly anticipated Federal Reserve meeting which may provide clues to the long-term path of monetary policy. What are major benchmarks doing? The Dow Jones Industrial Average DJIA, +0.08% was bouncing round the neutral line, up 16 …
Read More »Movement bolsters Northeast market with Jason Knee
PHILADELPHIA, Pennsylvania — Movement Mortgage, a national top 10 retail mortgage lender, is excited to announce the addition of Branch Leader Jason Knee to the Northeast market. Knee will be based out of the Greater Philadelphia metro area. Knee brings nearly two decades of experience to the Movement Mortgage team. …
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