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Continue reading >>The market settled in the red on Tuesday after a mixed bag of earnings and before the Fed’s midweek update. The central bank began its 2-day FOMC meeting and will report this afternoon if they will take further action to support the economy as coronavirus continues to stall growth.The Nasdaq tested an intraday low of 10,397 before closing at 10,402 (-1.3%). Current support at 10,500 failed to...
Continue reading >>Keep an eye on Plug Power (PLUG). Canaccord Genuity just reiterated its buy rating and raised its price target to $8.50 from $7.00, estimating that the acquisitions of United Hydrogen and Giner ELX will immediately add to Plug's results. Oppenheimer upped its target to $8 from $6, saying the acquisitions reflect continued "savvy" strategic decisions. "We believe these additions to the portfolio...
Continue reading >>The market settled in the red on Tuesday after a mixed bag of earnings and before the Fed’s midweek update. The central bank began its 2-day FOMC meeting and will report this afternoon if they will take further action to support the economy as coronavirus continues to stall growth.The Nasdaq tested an intraday low of 10,397 before closing at 10,402 (-1.3%). Current support at 10,500 failed to...
Continue reading >>Eastman Kodak soared on Tuesday after President Donald Trump announced a deal to work with the photography pioneer to produce ingredients in generic drugs in response to the coronavirus pandemic.Shares of Kodak soared more than 60% in extended trading. The stock more than tripled during Tuesday’s regular trading for its best day ever after the U.S. government awarded the company a $765...
Continue reading >>The market settled in the red on Tuesday after a mixed bag of earnings and before the Fed’s midweek update. The central bank began its 2-day FOMC meeting and will report this afternoon if they will take further action to support the economy as coronavirus continues to stall growth.The Nasdaq tested an intraday low of 10,397 before closing at 10,402 (-1.3%). Current support at 10,500 failed to...
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