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Why It Moves
DraftKings (DKNG) Stock Trades Down, Here Is Why
Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) fell 7.5% in the morning session after the NCAA called for a federal halt on college sports betting markets.
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Why It Moves
Why Leslie's (LESL) Shares Are Trading Lower Today
Shares of pool products retailer Leslie’s (NASDAQ:LESL) fell 4.8% in the morning session after Morgan Stanley downgraded the stock to Underweight from an Equal-Weight rating and sharply cut its price target.
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Why It Moves
Why PennyMac Financial Services (PFSI) Stock Is Trading Up Today
Shares of mortgage banking company PennyMac Financial Services (NYSE:PFSI) jumped 4.5% in the morning session after several investment firms raised their price targets for the mortgage lender, pointing to a more favorable industry outlook.