wallstreet

Snapchat Shares Fell Below IPO Price After Morgan Stanley’s Downgrade

Snapchat Shares Fell Below IPO Price After Morgan Stanley’s Downgrade

Snap Inc. (NYSE:SNAP) fell more than 6 percent on Tuesday after Morgan Stanley analysts downgraded the social media company, citing concerns over the increasing competition.Morgan Stanley analyst Brian Nowak downgraded the stock to equal w..

Tech Stocks Continue to be the Center of Attention

Tech Stocks Continue to be the Center of Attention

At the end of last week, the market saw some heartening gains, thanks in main to the tech sector which made a show of strength in no uncertain terms. Tech Stocks Continue to be the Center of Attentionin this segment have been performing well over th..

Wall Street's Bumpy Week Ends, Solid First Half

Wall Street's Bumpy Week Ends, Solid First Half

On Friday, Major U.S. stock indexes were poised to end a volatile week on a high note. Nike's well-received quarterly report boosted it. S&P 500 posted it's best first half of the year since 2013.Shares of Nike Inc (NYSE: NKE) rose ..

Parkway Inc. Shares Up After Buyout

Parkway Inc. Shares Up After Buyout

According to Bloomberg, Parkway Inc. (NYSE: PKY) was recently sold for 1.2 billion on Friday to Canada Pension Plan Investment Board (CPPIB).CPPIB announced that the company would purchase Parkway’s shares for 23.05, which includes a $4 specia..

IMPINJ Shares on Decline After Downgrade

IMPINJ Shares on Decline After Downgrade

Analyst Brad Erickson at Pacific Crest Securities downgraded IMPINJ Inc. (NASDAQ: PI) from Overweight to Sector-Weight rating. IMPINJ shares fell to 7.18 percent at $55.11 on Tuesday.This comes as the stock has more than doubled in the past thr..

Bed Bath & Beyond Reported Disappointing Earnings

Bed Bath & Beyond Reported Disappointing Earnings

Bed Bath & Beyond Inc. (NASDAQ: BBBY) on Thursday posted worse-than-expected earnings, sending the company’s shares down more than 10 percent.The home-furnishings retailer said profit dropped more than 30 percent to $75.3 million, or ..

Good Period Ahead For Airlines

Good Period Ahead For Airlines

The market seems to be upbeat about the airlines segment and this is showing in the stock prices of major players in this sector. All the four top airlines have recorded some heartening improvements in stock prices in the recent times. The benefits ..