Latest Stories
Unity (U) Stock Trades Down, Here Is Why
Shares of interactive software platform Unity (NYSE:U) fell 2.6% in the afternoon session after a director sold over $8.7 million worth of company stock. According to filings, Director Tomer Bar-Zeev sold 175,000 shares. Large stock sales by insiders can sometimes worry investors as they might suggest a lack of confidence in the company's near-term prospects. Further contributing to the sentiment, another shareholder, Anirma Gupta, filed a notice for a proposed sale of 2,167 shares. These insider and shareholder sales created downward pressure on the stock price as the market processed the information.
Why Centene (CNC) Shares Are Sliding Today
Shares of health coverage company Centene (NYSE:CNC) fell 4.3% in the afternoon session after reports indicated the House Speaker would not permit a vote to renew premium subsidies for the Affordable Care Act (ACA).
RadNet (RDNT) Stock Trades Down, Here Is Why
Shares of diagnostic imaging company RadNet (NASDAQ:RDNT) fell 4% in the afternoon session after short-seller Hunterbrook Capital released a critical report questioning the medical imaging company's artificial intelligence (AI) business and growth metrics.
Why Universal Logistics (ULH) Stock Is Falling Today
Shares of transportation and logistics solutions provider Universal Logistics (NASDAQ:ULH) fell 4.4% in the afternoon session after Stifel analyst J. Bruce Chan lowered the price target on the company's stock to $17.00 from $18.00.
Olaplex (OLPX) Stock Trades Up, Here Is Why
Shares of hair care company Olaplex (NASDAQ:OLPX) jumped 8.4% in the afternoon session after positive sentiment spread through the beauty sector following a bullish analyst note on the industry's outlook.
Why Grand Canyon Education (LOPE) Stock Is Trading Up Today
Shares of higher education company Grand Canyon Education (NASDAQ:LOPE) jumped 2.9% in the afternoon session after the company announced a $300 million increase to its stock repurchase program and its partner, Grand Canyon University (GCU), received formal recognition of its non-profit status from the U.S. Department of Education.
Why Comcast (CMCSA) Stock Is Up Today
Shares of telecommunications and media company Comcast (NASDAQ:CMCSA) jumped 4.8% in the afternoon session after speculation arose that an activist investor might be taking an interest in the company, leading to unusual trading activity.
Why Is Torrid (CURV) Stock Rocketing Higher Today
Shares of women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV) jumped 8.9% in the afternoon session after positive sentiment swept through the plus-size apparel sector as two of its peers, Destination XL and FullBeauty Brands, announced a merger.
Why Benchmark (BHE) Shares Are Falling Today
Shares of electronics manufacturing services provider Benchmark (NYSE:BHE) fell 3.5% in the afternoon session after an executive sold shares worth $478,300, according to a regulatory filing.
iHeartMedia (IHRT) Stock Trades Up, Here Is Why
Shares of global media and entertainment company iHeartMedia (NASDAQ:IHRT) jumped 4.1% in the afternoon session after the company announced an exclusive video podcasting partnership with Netflix.