Digital Ally (NYSE: DGLY) Stock Price Soars Again – but Beware These Bearish Indicators
Digital Ally Inc. (NYSE: DGLY) stock's wild ride continued again this morning (Tuesday), as shares quickly jumped to $16.24, a 30% gain from yesterday's closing price of $12.50.
The stock continues to soar as the police forces consider implementing wearable cameras following the incident in Ferguson, Missouri, earlier this month.But while the market may be growing for Digital Ally, there are numerous bearish indicators to watch concerning DGLY stock…
Roche Inks $8.3 Billion InterMune (Nasdaq: ITMN) Deal
Swiss pharmaceutical behemoth Roche Holdings (OTCMKTS ADR: RHHBF) couldn't wait until Monday to announce its biggest deal in five years.
Sunday, the healthcare giant said it is buying California-based biotech company InterMune Inc. (Nasdaq: ITMN) in an $8.3 billion all-cash transaction.Here’s what’s behind the deal, and where ITMN stock is headed on the news…
Monster Beverage (Nasdaq: MNST) Stock Soars on Coca-Cola Deal, Eyes Global Growth
Monster Beverage Corp. (Nasdaq: MNST) stock jumped more than 32% this morning (Friday) after the company announced that The Coca-Cola Co. (NYSE: KO) had acquired a 17% stake in the energy beverage company as part of a new long-term partnership.
News of the deal sent MNST stock as high as $94.93 on Friday, its highest price since 2006.But that may just be the start of MNST stock’s gains. Hitching to the world’s largest beverage company is a major win for the growing energy drink company. Here’s why…
Two Clashing Themes in Gold News Have Been Flat Lining Prices Since April
Two themes have dominated gold news the last few months, and both have opposite effects on gold price.Together, they've flat lined the yellow metal...
Short Selling Unpopular GameStop Stock (NYSE: GME) Hasn't Paid Off – Yet
GameStop stock (NYSE: GME) is a short selling favorite, and for good reason.
It's trying to navigate an online-centric marketplace as a physical retailer, and the short bets are playing off this knowledge to mount a strong position against the company.But trying to profit off GME's downfall has proven harder than anticipated. Here's why...
Market News: DJIA Regains Weekly Losses in One Day, Plus These Top Stories
Stock market close, Aug. 8, 2014: The DJIA and other U.S. markets soared on Friday after positive economic data indicated fundamental growth in the domestic economy.Here's a summary of today's top stock market news stories...
Gannett Stock (NYSE: GCI) Gets Slight Boost as Company Announces Spin Off
Gannett Co. Inc. (NYSE: GCI), the parent company of USA Today, announced Tuesday it is splitting into two publicly traded companies. Gannett stock was up a slight 0.23% by 11:20 a.m. at $34.41.
The media giant will separate its broadcasting and digital business from its publishing division.Several similar media spin-offs have recently taken place – here’s a look at why these transactions are becoming so popular…
Synchrony Financial (NYSE: SYF) Stock Flat in Debut
Synchrony Financial (NYSE: SYF) stock closed exactly where it opened on its first day of trading today (Thursday), at $23 per share.
The stock was down nearly 1.5% just before market close before a late rally brought shares back to its offer price.With one day of tepid trading in the books, here are the factors that will be driving SYF stock now…
CYNK Stock Punishes Speculators with 80% Drop
The ugliest chapter in the strange story of CYNK Technology Corp. (OTC: CYNK) played out this morning (Friday) as the U.S. Securities and Exchange Commission's trading halt was lifted.
CYNK stock, which soared more than 24,000% in less than four weeks from mid-June to mid-July, cratered more than 80% at the open, falling from $13.90 to $2.50.
"There was probably a lot of money made and lost in this," Michael Block, chief strategist at New York-based Rhino Trading Partners LLC, said.That leaves just one question: How did this happen?
Gilead (Nasdaq: GILD) Stock Outlook Even Better After Crushing Earnings
Gilead Sciences Inc. (Nasdaq: GILD) stock hit a 52-week high of $92.97 this morning (Thursday) after the company crushed earnings estimates last night. At that price, the stock was up 3% from yesterday's closing price.Money Morning’s Defense and Tech Specialist Michael Robinson has been high on GILD stock for some time, and yesterday’s huge earnings beat comes as no surprise to Money Morning readers. Here’s why this hot biotech stock is just getting started.