Tag: Jumped

British American Tobacco Jumped Today — Is the Stock a Buy for 2024?

British American Tobacco (NYSE: BTI) stock climbed Thursday after the company published preliminary results for its recently completed fiscal year. The company’s share price closed out the daily session up 6.8%, according to data from S&P Global Market Intelligence. Sales in the annual period were down 1.3% to 27.3 billion British pounds but would have […]

Why Shares of Li Auto, Lucid Group, and Fisker Jumped Today

Tuesday is shaping up to be a good day to own electric vehicle (EV) stocks, as good news for China’s Li Auto (NASDAQ: LI) helped to lift shares of heavily shorted American EV stocks Fisker (NYSE: FSR) and Lucid Group (NASDAQ: LCID). Despite falling vehicle prices and well-publicized problems with EV demand around the world, […]

Why Eli Lilly Stock Jumped as Much as 5.1% Today Then Gave Up Its Gains

Shares of Eli Lilly (NYSE: LLY) jumped as much as 5.1% on Tuesday. However, as of 11:37 a.m. ET, the big pharma stock was down by 0.5%. The initial spike came after Lilly announced its 2023 fourth-quarter and full-year results. The company reported Q4 revenue of $9.35 billion, up 28% year over year. This result came […]

Why Chevron Stock Jumped Friday

The stock of energy giant Chevron (NYSE: CVX) popped Friday morning after the company reported its fourth-quarter and full-year 2023 results. Chevron shares jumped as much as 3.3%. As of 11:35 a.m. ET, shares were still higher by 3%. The company’s shares have lost more than 12% over the last year, but investors are having […]

Why SunPower’s Shares Jumped 27.4% Today

Shares of residential solar company SunPower (NASDAQ: SPWR) jumped as much as 27.4% in trading on Thursday after the company announced some new financing updates. Shares drifted lower as the day went on and are now up 19.9% at 3:15 p.m. ET. SunPower’s debt kicked down the road SunPower has been in default on some […]

Why Plug Power Stock Jumped Again Today

Shares of hydrogen fuel cell company Plug Power (NASDAQ: PLUG) continued to soar again today. Over the past five trading days, the stock has jumped by more than 25%. There have been several catalysts for the recent surge in the stock. That includes today’s jump of 17.8% as of 11:50 a.m. ET. Making green hydrogen […]

Why Nokia Stock Jumped 12.6% Thursday Morning

Shares of Nokia (NYSE: NOK) found a crystal-clear wavelength on Thursday, Jan. 25. The Finnish provider of wireless phone network systems and related services reported fourth-quarter earnings early in the morning, sending the stock as much as 12.6% higher after the market open. The raw results were far from impressive, but management made up for […]

Why Verizon Stock Jumped 6% Today

Shares of telecommunications giant Verizon (NYSE: VZ) jumped 5.7% through 11:30 a.m. ET after meeting analyst forecasts for Q4 earnings and beating on sales Tuesday morning. Heading into its fourth and final quarterly report for 2023, Wall Street had forecast that Verizon would earn $1.08 per share (adjusted for one-time items) on sales of $34.6 […]

Why RTX Stock Jumped 8% Today

Shares of defense contracting giant RTX (NYSE: RTX) — the artist formerly known as Raytheon — jumped 8.2% through 10:30 a.m. ET after beating analyst forecasts for both sales and earnings Tuesday morning. Heading into its fourth and final quarterly report for 2023, Wall Street had forecast that RTX would earn $1.24 per share (adjusted […]

Why Broadcom Stock Jumped Today

Shares of Broadcom (NASDAQ: AVGO) were up 6.1% as of 3 p.m. ET Thursday following a bullish analyst note from Goldman Sachs on the semiconductor products company. Why Goldman Sachs expects Broadcom to outperform In a note to clients this morning, Goldman analyst Toshiya Hari reinstated coverage on Broadcom with a buy rating and a […]