Latest Market News
Urban Outfitters Inc. URBN, -1.84% said Tuesday that holiday season sales for the two-month period ending Dec. 31, 2021 rose 14.6% versus the same period in 2019. Comparable retail sales rose 47% at Free People, 15% at Anthropologie, and 3% at the namesake Urban Outfitters chain. Wholesale net sales fell 18%, primarily due to Free […]
Canadian cannabis company Organigram Holdings Inc. OGI, +6.79% said Tuesday it had a net loss of C$1.305 million ($1.0 million) in its fiscal first quarter to Nov. 30, narrower than the loss of C$34.3 million posted in the year-earlier period. The company did not offer a per-share breakdown in its earnings release. Revenue climbed to […]
In this Weekly Market Outlook 10-01-22, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it! Source: Tickmill
Type: Bearish ReversalKey Levels:Resistance: 1.13879Pivot: 1.13602Support: 1.12729Preferred Case:With price approaching a significant area of resistance on the graphical level and the stochastics indicator, we are biased that price will drop from pivot at 1.13602 in line with the 78.6% Fibonacci retracement and said resistance to 1st support at 1.12729 where the swing low support and […]
Stocks ended mostly lower but well off session lows Monday, with the tech-heavy Nasdaq Composite erasing its early plunge to eke out a small gain. The Nasdaq COMP, +0.05% finished with a gain of around 7 points, or less than 0.1%, near 14,943, according to preliminary figures, after falling as much as 2.7% at its […]
Shares of Big Lots Inc. BIG, -6.70% fell more than 7% in the extended session Monday after the retailer said it has been seeing “softening of traffic and sales trends” in January caused by the spread of the omicron variant of the coronavirus in addition to winter weather. The company said that could lead to […]