Shares of Zoom Video Communications (ZM) exploded from $317 to a high of $462.80 on earnings. ZM Revenue soared 355% to $663.5 million, topping analyst expectations for $500.5 million. Adjusted EPS came in at 92 cents, which was more than double expectations for 45 cents. ZM also raised its guidance for the full 2021 fiscal […]
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LAC Stock Price Moves on Argentina Partnership Announcement
Since bottoming out at $1.92 in March 2020, shares of Lithium Americas (LAC) rocketed to a recent high of $7.75. All on news of a potential lithium supply shortage. According to Reuters, “A new demand surge is already looming in the form of the multiple ‘green stimulus’ packages as governments try and kick-start locked-down economies. You […]
APPS Stock Price Moves on Heavy Volume
Digital Turbine (APPS) has become of the most explosive stocks on the market. APPS, which provides media and mobile communication solutions for mobile operators, application developers, device original equipment manufacturers, and other third parties worldwide, has seen its stock run from a low of $12 to $28.04 since late July 2020. Helping, the company just […]
NIO Stock Price Surges on Analyst Upgrade
Shares of Nio Inc. (NIO) are still exploding higher, last trading at $18.87. This week, UBS analyst Paul Gong upgraded the stock to the equivalent of a Hold from a Sell. The analyst also raised his price target from $1 to $16, according to Barron’s. Strong sales are also sending the stock higher. For July […]
GOLD Stock Price Surges on $625 Million Stake Taken By Warren Buffett
Barrick Gold Corp. (GOLD) rallied above $30 a share, as gold spiked above $2,000. Helping, Warren Buffett’s Berkshire Hathaway bought shares of Barrick Gold. “In the past, Buffett, the billionaire chairman of Berkshire, cautioned against investing in the metal because it’s not productive like a farm or a company. Now, gold miners are benefiting from […]
ZIXI Beats Q2 Earnings Estimates
With many people now working from home, the potential for cyberattacks has only increased. That’s where Zix Corporation (ZIXI) has come into play. Most recently, the company announced the release of its Advanced E-Mail Threat Protection program for the U.K. market. Using machine learning capabilities, the tool offers multi-layered filtering that safeguards corporate inboxes against […]
TSLA Stock Split Announced on Heels of AAPL Stock Split News
Tesla (TSLA) just announced a five for one stock split that goes into effect August 31. On the news, shares of TSLA are now up to $1,463 in after-hours trading, and could head higher as we near the split. All in an effort to make stock ownership far more affordable for employees and investors. Buying […]
INSG Stock Price Slumps After Impressive July Run-up
Inseego Corp. (INSG) is one of the top 5G stocks to keep an eye on at the moment. Over the last few weeks, INSG ran from a low of $10.53 to a high of $15.25. Then, on earnings, the stock slumped to $11.27. INSG reported second quarter net revenue of $80.7 million — year-over-year growth […]
NIO Stock Price Rises on July Sales News
Shares of electric carmaker Nio Inc. (NIO) exploded above $14 a share on July 2020 sales news. For July 2020, the company delivered 3,553 vehicles – up 322% year over year. NIO has now delivered 17,702 vehicles for the year – up 111% year over year. “In July, we are pleased to have achieved the […]
TTWO Stock Prices Moves Higher After Reporting 54% YoY Revenue Growth
Take-Two Interactive Software (TTWO) shot higher after reporting earnings recently. TTWO fiscal first quarter revenue came in at $831.3 million, growing 54% year-over-year, and representing record Q1 revenue for the video game maker. TTWO said “recurrent consumer spending”, which is made up of in-game purchases of items, add-ons, and virtual currency used in its games, […]