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Markets Live Recap: Stocks Today Inched Higher Thanks to Apple

June 22, 2020 by Money Morning Staff Reports

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Stocks traded lower to start the week as investors assessed an uptick in coronavirus cases and the pace of the economic recovery.

Shares of American Airlines Group Inc. (NASDAQ: AAL) were 6% lower after the company said it was seeing an additional $3.5 billion in new financing to improve the airlines liquidity as it grapples with travel restrictions caused by the coronavirus.

Apple Inc. (NASDAQ: AAPL) dropped over the weekend after the company announced plans to shut down stores in Florida, North Carolina, South Carolina, and Arizona upon rising levels of COVID-19 in these states. But after announcing it would ditch Intel Corp. (NASDAQ: INTC) to produce its own chips, the stock rallied 2.25% today and lead markets higher.

The S&P 500 finished the day 0.5% higher, the Dow 0.4% higher, and the Nasdaq 0.9% higher.

Filed Under: Stocks

The Blatant "Border Tax" Threat Donald Trump Gave to Businesses Today

January 23, 2017 by Money Morning Staff Reports

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Just this morning, President Trump issued a blatant "border tax" warning to several industry CEOs on the dangers of moving their companies' production units overseas.

"[The U.S. government is] going to be imposing a very major border tax on the product when it comes in," the new POTUS said.

Filed Under: Washington Tagged With: donald trump

Under Armour Stock Receives Massive New Catalyst Today

December 5, 2016 by Diane Alter

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Under Armour stock received a massive new catalyst today (Monday) that sent shares climbing 2.6% to $30.87 intraday.

The sports apparel company just inked a game-changing MLB deal.

Filed Under: UA Stock News Tagged With: under armour stock

Why the Under Armour Stock Ticker Is Changing (NYSE: UAA)

November 29, 2016 by Diane Alter

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Shares of Under Armour Inc. (NYSE: UA) are jumping following news that the sporting goods retailer is changing its stock ticker to "UAA."

The aim is close the widening gap between its share classes.

Filed Under: Stocks Tagged With: under armour stock

Dow Jones Industrial Average Today Slides on Mixed Earnings Reports, OPEC Deal Concerns

October 25, 2016 by Garrett Baldwin

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The Dow Jones Industrial Average today on mixed earnings report results and revitalized concerns about an OPEC deal to cut oil production.

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Snapchat Stock Guide Before the Snap IPO

October 25, 2016 by Jack Delaney

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Wall Street is anxiously waiting for Snapchat stock to hit the market.

It could be one of the biggest IPOs of the last three years.

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Dow Jones Industrial Average Today Rises Ahead of Apple Earnings

October 25, 2016 by Garrett Baldwin

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The Dow Jones Industrial Average today is rising before Apple releases its Q3 earnings report.

Apple is expected to unveil a new line of MacBook computers on Thursday, and shareholders are hoping Apple had strong iPhone 7 sales.

Filed Under: Pre-Market Tagged With: dow jones today

The Under Armour Stock Split Date Is Here - What You Need to Know Now

April 7, 2016 by Diane Alter

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The Under Armour stock split date is finally here, nearly nine months after it was first announced to investors.

The split is not typical in that a new class of shares will be distributed.

Filed Under: Stock Market, Stock Market, Stock Market Today, Trending, UA Stock News, Under Armour Tagged With: NYSE: UA, UA stock, UA stock price, UA stock split, UA stock split date, under armour stock, Under Armour stock price, Under Armour Stock Split, Under Armour Stock Split Date

Does the Under Armour Stock Split Make UA a Buy?

April 4, 2016 by Diane Alter

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The Under Armour stock split will finally take place on Thursday, and the company will issue a new class of stock. The shares will be distributed to investors via a 2-for-1 stock split.

Investors now want to know if the Under Armour stock split makes UA a buy.

Filed Under: Stock Market, Stock Market, Stock Market Today, Trending, Under Armour Tagged With: NYSE: UA, UA stock price, UA stock split, UA stock split date, Under Armour shares, Under Armour split, under armour stock, Under Armour stock price, Under Armour Stock Split, Under Armour Stock Split Date

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