Latest Stories
Why Are Enova (ENVA) Shares Soaring Today
Shares of financial technology company Enova International (NYSE:ENVA) jumped 13.1% in the afternoon session after the company announced it agreed to acquire Grasshopper Bancorp, a digital bank, in a cash-and-stock transaction valued at approximately $369 million.
Why FirstCash (FCFS) Stock Is Trading Up Today
Shares of pawn store operator FirstCash Holdings (NASDAQ:FCFS) jumped 3% in the afternoon session after the Federal Reserve announced a 0.25% cut to its benchmark interest rate, which boosted broader market sentiment.
Why Royal Caribbean (RCL) Stock Is Trading Up Today
Shares of cruise vacation company Royal Caribbean (NYSE:RCL) jumped 6.8% in the afternoon session after the company announced a new $2 billion share repurchase program and declared a quarterly dividend of $1.00 per share.
1-800-FLOWERS (FLWS) Stock Trades Down, Here Is Why
Shares of e-commerce florist and gift retailer 1-800-FLOWERS (NASDAQ:FLWS) fell 8.1% in the afternoon session after investors took profits following a significant rally driven by news of a key executive appointment.
Why Wayfair (W) Stock Is Trading Up Today
Shares of online home goods retailer Wayfair (NYSE:W) jumped 7.7% in the afternoon session after several financial firms expressed optimism about the company's future, leading to increased price targets.
CNA Financial (CNA) Stock Trades Up, Here Is Why
Shares of insurance provider CNA Financial (NYSE:CNA) jumped 3.2% in the afternoon session after the Federal Reserve lowered its benchmark interest rate, which spurred a wider market rally.
Why Udemy (UDMY) Stock Is Up Today
Shares of online learning platform Udemy (NASDAQ:UDMY) jumped 2.9% in the afternoon session after KeyBanc reiterated its "Overweight" rating on the stock, and the company announced a new strategic partnership.
Boot Barn (BOOT) Stock Is Up, What You Need To Know
Shares of clothing and footwear retailer Boot Barn (NYSE:BOOT) jumped 4.3% in the afternoon session after Goldman Sachs initiated coverage on the company with a "Buy" rating and a $225 price target. The investment bank cited the retailer's "meaningful potential to outperform sales expectations." This outlook was driven by an expanded target for new locations, which could support 15% compounded annual store openings. The price target suggested a 13% potential upside from where the stock was trading. The initiation of coverage by the influential firm signaled a robust vote of confidence in Boot Barn's future performance.
Why LendingClub (LC) Stock Is Trading Up Today
Shares of digital lending platform LendingClub (NYSE:LC) jumped 4.6% in the afternoon session after the Federal Reserve reduced its benchmark interest rate, a move that boosted the financial technology sector.
Applied Digital (APLD) Stock Trades Down, Here Is Why
Shares of digital infrastructure provider Applied Digital (NASDAQ:APLD) fell 2.6% in the afternoon session after investor concerns continued to mount over the risks tied to the company's rapid expansion strategy.