Tag: Marketwatch

Stocks ended mostly lower Friday but off session lows as investors assessed how the Federal Reserve will respond to data that showed the U.S. economy added 528,000 jobs in July, far exceeding the 258,000 expected by economists. Fed-funds futures traders penciled in a nearly 70% probability of a 75 basis point rate hike when policy […]

Shares of Global Blood Therapeutics Inc. GBT, +36.89% jumped 9.5% in trading on Friday after The Wall Street Journal reported that Pfizer Inc. PFE, -1.34% is considering buying the company for about $5 billion. There were media reports earlier this week that Global Blood Therapeutics, which markets a sickle-cell treatment, is attracting takeover interest. The […]

Shares of Applied DNA Sciences Inc. APDN, +13.98% jumped another 15.2% in morning trading Friday, to snap back from an earlier intraday loss of as much as 8.7%. The biotechnology company’s stock has now skyrocketed 873.5% amid a four-day win streak, which kicked off with a 311.2% gain on Tuesday after the company said it […]

Canopy Growth Corp. CGC, -7.09% WEED, -4.34% shares fell 6% in premarket trades Friday after the company said it lost C$2.08 billion ($1.61 billion), or $5.23 a share in its fiscal first quarter, compared to a profit of C$392.42 million, or C$1.02 a share, in the year-ago period. The loss was driven by a non-cash, […]

Shares of Goodyear Tire & Rubber Co. GT, -1.18% jumped 4.9% toward a two-month high in premarket trading Friday, after the tire maker reported second-quarter profit and sales that rose above expectations. The upbeat results were a welcome relief to investors, as the stock tumbled 9.5% the day first-quarter results were reported, and 27.4% after […]

Shares of Carvana Co. CVNA, -3.90% were rocketing 11% in after-hours trading Thursday, though the used-car retailer missed expectations with its second-quarter revenue and logged a larger loss than analysts were anticipating. Carvana recorded a net loss of $238 million, or $2.35 a share, whereas it posted net income of $22 million, or 26 cents […]

Virgin Galactic Holdings Inc. SPCE, -0.73% delayed its initial launch of tourists into space for the third time in less than a year Thursday, sending shares back toward earth. In a quarterly earnings report, executives said the beginning of its commercial space-tourism business will begin in the second quarter of 2023, after it was pushed […]

Shares of GoPro Inc. GPRO, +1.48% were headed slightly higher in after-hours trading Thursday after the maker of action cameras topped expectations with its second-quarter results but acknowledged that inflation and foreign exchange could weigh on performance in the back half of the year. The company logged net income of $3 million, or 2 cents […]

Virgin Galactic Holdings Inc. SPCE, -0.73% is seeking to sell up to $300 million worth of shares in an “at the market” offering, as the space-tourism company’s cash reserves dwindle and the launch of its first commercial space is pushed back. In a filing with the Securities and Exchange Commission on Thursday, Virgin Galactic revealed […]

Shares of Atlassian Corp. PLC TEAM, +2.34% were up more than 10% in after-hours trading Thursday after the software company beat revenue expectations for its most recent quarter. The company posted a fiscal fourth-quarter net loss of $105.5 million, or 41 cents a share, compared with a loss of $213 million, or 85 cents a […]