The stock hit a low of $1.37 earlier in the session, matching its record closing low that was set in October 2023.
The various stock indexing and weighting schemes will shine at different times, but some approaches are designed to be immune from market cycles.
IGM Biosciences Inc.’s stock tumbled 14% Tuesday, as analysts weighed in with dismay on the company’s pivot away from oncology to a focus on autoimmune diseases, with at least two opting to lower their ratings.
McCormick’s stock edged higher Tuesday, after the spices and flavor company beat fiscal third-quarter profit expectations and raised its full-year outlook, as volume increased for the first time in about three years.
PepsiCo’s stock rose Tuesday, bucking the selloff in the broader stock market, after the beverage and snacks giant announced an agreement to buy Mexican-American foods maker Siete Foods for $1.2 billion a week before earnings are released.
Crypto bulls have expected the potential approval of options on bitcoin ETFs to allow institutional investors to execute more strategies, including some that may lead to bitcoin’s price much higher.
Company sales rise 10%, beating analyst estimates
A Barclays analyst says the December quarter “looks to be increasingly at risk” as iPhone demand could disappoint.
Cannabis is playing a bigger role in the U.S. presidential race than in any past campaign, with Vice President Kamala Harris reaffirming support for legalization this week.
The Institute for Supply Management on Tuesday said its manufacturing PMI, a closely-watched measure of U.S. manufacturing activity, held steady at 47.2 in September.
MarketWatch digs into what the Trump-Vance ticket and the Harris-Walz ticket are promising for the electric-vehicle industry and car buyers.
Construction spending fell 0.1% in August, the Commerce Department reported Tuesday.
U.S. job openings rose toward the end of summer for the first time in three months, but people looking for work are having a harder time getting a job since fewer companies are hiring.
An extended strike could mean higher logistical and supply-chain costs — as well as potential product shortages — for some big names in retail, according to Truist.
Schwab names insider Rick Wurster to be chief executive after working as president of the firm since 2021.
Walt Disney Co.’s stock fell 0.9% in premarket trade Tuesday, after Raymond James downgraded it to market perform from outperform, and said a number of headwinds, notably its park division, will keep it range-bound for the next 12 to 18 months
Ray Dalio said China is now at a “fork in the road” where it must either tackle its debt problem or face a period of “economic and psychological malaise”
BlackRock Inc. CEO Larry Fink says rates traders are making “crazy” bets on deep Fed rate cuts despite signs of a strong economy.
Stocks of Nio and other China-based EV makers extended their recent sharp gains Tuesday, after they reported record deliveries data.
Bud Light sales are never going to recover. And yet now is the time to buy shares of its brewer, Anheuser-Busch InBev, say analysts at Citi.
