Business

Meet the Newest Theme in Ridesharing: YayYo Comes Public in Tiny IPO

Posted: November 13, 2019 at 10:45 am

Few people have never even heard of YayYo Inc. (NASDAQ: YAYO). The company calls itself a "leading provider of vehicles to the rideshare industry." Its subsidiary Rideshare Car Rentals, is ...
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Will a Hong Kong Listing for Alibaba Influence Its Daily Trading in New York?

Posted: November 13, 2019 at 10:25 am

Alibaba Group Holding Ltd. (NYSE: BABA) is the top online seller of everything in China and Asia, and the company has largely become China's most valuable company, with a market ...
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This Is Why Americans Hate Buying This Car More Than Any Other

Posted: November 13, 2019 at 10:00 am

Most Americans still go through a dealer to buy a car, though Tesla as one of the few exceptions. Satisfaction with those dealers is, therefore, critical to which cars people ...
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These Are America’s Favorite Liquor Brands

Posted: November 13, 2019 at 8:24 am

According to a new report published by Wine & Spirits Daily, the fastest-growing liquor brand in America is -- yet again -- Texas-made Tito’s vodka. Launched by Bert “Tito” Beveridge ...
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Is Tilray’s Growth Enough for Investors?

Posted: November 12, 2019 at 4:22 pm

Tilray Inc. (NASDAQ: TLRY) released third-quarter financial results after the closing bell on Tuesday. The company said that it had a net loss of $0.50 per share and $51.1 million ...
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Anheuser-Busch Finally Comes Around to Buying Craft Brew Alliance

Posted: November 12, 2019 at 2:00 pm

Craft Brew Alliance Inc. (NASDAQ: BREW) shares more than doubled on Tuesday after the firm announced that Anheuser-Busch Inbev N.V. (NYSE: BUD) agreed to expand their partnership in the form ...
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What to Expect When Tilray Reports After the Close

Posted: November 12, 2019 at 12:40 pm

Tilray Inc. (NASDAQ: TLRY) is scheduled to release its third-quarter financial results after the markets close on Tuesday. The consensus estimates are calling for a net loss of $0.29 per ...
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Is This DMD Study Sunk After FDA Update?

Posted: November 12, 2019 at 11:36 am

Solid Biosciences Inc. (NASDAQ: SLDB) shares were absolutely crushed on Tuesday after the firm announced that the U.S. Food and Drug Administration (FDA) has placed its Ignite DMD Phase 1/2 ...
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Merrill Lynch Identifies Deepwater Offshore Oil Winners for 2020 and 2021

Posted: November 12, 2019 at 11:20 am

Oil and gas has been a rough and difficult space for investors. Even though the industry likely has a long future, the investing community hasn't exactly been a big endorser ...
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Why Milk Producer Dean Foods Filed for Bankruptcy

Posted: November 12, 2019 at 10:50 am

Dallas-based Dean Foods Co. (NYSE: DF) announced Tuesday morning that it has filed for Chapter 11 bankruptcy protection as it prepares for a sale to Dairy Farmers of America (DFA), ...
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Is Advance Auto Parts Growing Fast Enough?

Posted: November 12, 2019 at 10:20 am

Advance Auto Parts Inc. (NYSE: AAP) reported its third-quarter financial results before the markets opened on Tuesday. The specialty retailer said that it had $2.10 in earnings per share (EPS) ...
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Major Biotechs See Rising Tide in Short Interest

Posted: November 12, 2019 at 10:00 am

The short interest data are out for the most recent settlement date, October 31. Generally speaking, companies within the biotech industry are considered a riskier group of stocks, with big ...
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Short Sellers Add to Stake in Alt Energy Stocks, Drop Solar

Posted: November 12, 2019 at 8:58 am

Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on October 31. Of the companies we watch, short interest decreased on ...
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Big Pharma Scares Off Short Sellers

Posted: November 12, 2019 at 8:50 am

Pharmaceutical companies usually are involved in a lengthy process of getting their drug candidates to market through clinical trials. There is a fair amount of risk involved, should a study ...
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Short Sellers Get Even Higher on Cannabis Stocks

Posted: November 12, 2019 at 8:45 am

Cannabis stocks had a huge showing on Wall Street last year. In fact, most of the news flow surrounding these stocks had investors pouring money into them. Some of the ...
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