All Work

Chris Lange

Why Wedbush Sees Albireo More Than Doubling

Albiero Pharma, Inc. (NASDAQ: ALBO) recently received some positive news from the U.S. Food and Drug Administration (FDA) and it could have huge implications for the stock. One analyst actually sees the stock more…

Chris Lange · 8 years ago

Avalara Closes in on IPO

Avalara filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering. The company intends to price its 7.5 million shares in the range of $21 to…

Chris Lange · 8 years ago

Why scPharma Shares Are Bombing

scPharmaceuticals Inc. (NASDAQ: SCPH) saw its shares drop massively on Wednesday after the firm announced that it had received a letter from the U.S. Food and Drug Administration. Essentially, the agency sent a Complete…

Chris Lange · 8 years ago

Why Wedbush Is Betting Big on Del Taco

Del Taco Restaurants, Inc. (NASDAQ: TACO) shares saw a slight bump on Wednesday after one key analyst upped their target on the taco chain. The upshot from this report is tasty returns for investors.

Chris Lange · 8 years ago

Enphase Energy Jumps on SunPower Microinverter Acquisition

Enphase Energy, Inc. (NASDAQ: ENPH) saw its shares up sharply on Wednesday after the firm announced that it would be acquiring SunPower Corp.’s (NASDAQ: SPWR) microinverter business. The transaction is expected to close at…

Chris Lange · 8 years ago

H&R Block Stumbles Despite Strong Earnings

H&R Block, Inc. (NYSE: HRB) released its fiscal fourth quarter financial results after the markets closed on Tuesday. The company said that it had $5.43 in earnings per share (EPS) and $2.39 billion in…

Chris Lange · 8 years ago

Tuesday’s Biggest Winners and Losers in the S&P 500

Tuesday was a relatively flat day for the broad U.S. markets. The Nasdaq hit an all-time high in the session just above 7,700 and the S&P 500 is holding just below the 2,800 mark.…

Chris Lange · 8 years ago

Why Sage Therapeutics Is Booming

Sage Therapeutics, Inc. (NASDAQ: SAGE) shares made a handy gain on Tuesday after the firm announced its expedited development plan for SAGE-217 following a Breakthrough Therapy meeting with the U.S. Food and Drug Administration…

Chris Lange · 8 years ago

CPI: Just Right for May

The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) for the Month of May and it did not disappoint. The topline number for CPI, the all items index, met the Bloomberg…

Chris Lange · 8 years ago

Short Sellers Run For Cover From Major Oil Stocks

Crude oil has been trading near $66 a barrel early on Tuesday. This is the lowest that crude oil has been at since mid-April. This comes after oil reached above $70 in late May…

Chris Lange · 8 years ago

Short Sellers Grow More Selective on Major Banks

The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the major financial institutions in…

Chris Lange · 8 years ago

Major Semiconductor Stocks See Rising Tide in Short Interest

Semiconductor trends are considered to be leading indicators of technology and broader electronics demand. In a wider sense, semiconductor and tech stocks are considered to be leading indicators for the markets in general. A…

Chris Lange · 8 years ago

Short Sellers Up the Ante For Major Biotechs

24/7 Wall St. has reviewed the top biotech companies, without focusing on speculative companies. The May 31 short interest data have been compared with the previous report, and short interest moves in the selected…

Chris Lange · 8 years ago

Major Pharmaceuticals Scare Off Short Sellers

Keep in mind that short sellers betting against big pharma are taking on an added risk. They have to pay out the ongoing high dividends on top of the cost of borrowing the shares.

Chris Lange · 8 years ago

Short Sellers Hike Bets in Cybersecurity Stocks

Cybersecurity has become an increasingly important issue that companies have to address as they continue to develop new platforms and mobile apps. Hackers have been able to steal credit card and personal information from…

Chris Lange · 8 years ago

Monday’s Biggest Winners and Losers in the S&P 500

Monday was a positive day for the broad U.S. markets, although marginally. The Nasdaq is holding near its all-time high and the S&P 500 is just below the 2,800 mark. Crude oil inched higher…

Chris Lange · 8 years ago

Apple Bans Cryptocurrency Mining on iOS Devices

Apple Inc. (NASDAQ: AAPL) released new guidelines for its iOS devices, which ultimately will outlaw “mining” cryptocurrencies. These new rules will restrict apps that drain battery, generate excessive heat, or put unnecessary strain on…

Chris Lange · 8 years ago

Is CRISPR in Touble After New STAT Report?

Shares of CRISPR Therapeutics tumbled after a report was released that gene-edited cells might cause cancer. The implications of this study could be catastrophic for the company seeing as CRISPR is known for its…

Chris Lange · 8 years ago

Adient Feels the Sting of CEO Departure

Adient PLC (NYSE: ADNT) was one of Monday’s worst performing stocks, after it was announced that its Chairman and CEO would be stepping down effective immediately. Also the company issued a revised outlook for…

Chris Lange · 8 years ago