Peloton Interactive Inc. shares bounced back in after-hours trading Thursday, after Chief Executive John Foley combatted media reports claiming a production halt and layoffs. Peloton PTON, -23.93% stock plummeted 23.9% in the regular session Thursday to fall lower than its IPO price for the first time in nearly two...
Skechers Inc. SKX, +1.18% is the most popular shoe brand for men and women, according to the latest Amazon AMZN, +0.26% Best Sellers tracker, compiled by UBS Evidence Lab. It’s the third largest shoe brand in the world, and UBS analysts think Skechers’ growth potential is “underappreciated.” UBS rates...
Microsoft Corp. eclipsed Apple Inc. as the most valuable U.S. company for the first time in nearly 16 months after the smartphone giant reported a rare sales miss in the face of supply constraints. Apple shares AAPL, -1.82% ended Friday’s session down 1.8%, implying a valuation of $2.458...
Stocks ended mostly higher Monday, with the S&P 500 and Nasdaq Composite each finishing at records as investors kicked off one of the busiest weeks of earnings season and awaited a midweek Federal Reserve meeting. The Dow Jones Industrial Average DJIA, -0.18% bucked the trend, slipping around 62 points,...
The global tally of confirmed cases of the coronavirus-borne illness COVID-19 climbed above 147 million on Monday, with India accounting for more than a third of daily new cases, as Western governments, including in the U.S., started to send oxygen supplies, virus tests, pharmaceutical treatments and personal protective equipment...
By the time the pandemic hit the U.S. economy, the outlook for Abercrombie & Fitch seemed dire. Once a mall staple that captured the hearts and wallets of teenagers with stark, sexy advertising and dark, perfume-drenched stores, Abercrombie’s (ticker: ANF) stock price hit fresh lows in 2017. Shoppers’ distaste...
UPDATE: Please scroll to the bottom for an answer to this mystery… Listen, mistakes happen all the time, even in the highest echelons of finance. Someone fat-fingers a keystroke and few zeroes get added to a buy or sell order, or a trading-floor intern drops coffee on a...
Fatalities from the coronavirus-borne illness COVID-19 rose 5% in Europe in the latest week, the World Health Organization said Wednesday, making it the only part of the world where deaths are rising instead of stabilizing or declining. In its weekly epidemiological update, the agency said global just under...
Long-rumored IPO candidate Impossible Foods Inc. on Wednesday laid out some key financial parameters, including an 85% spike in quarterly retail revenue year-over-year, according to data from market research and analytics company IRI. The plant-based meat company -- which closed a $500 million funding round in November, raising total...
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