Citron Research warned investors that Ino stock would fall back to $2 and called for the Securities and Exchange Commission to investigate Inovio and suspend trading of its stock.
There is nothing so far to suggest that there will be a permanent impact on businesses, or that earnings will not eventually recover. But when you want to invest during the crisis, you need to think about long-term benefits.
While TSLA stock is quite unstable these days, Tesla has announced its new plans for its production activity in China.
Monday’s oil market crash left the Brent crude price hit its multi-year low as Saudi threatened to open its oil production taps to the tune of 12.3 million barrels per day from April 1. Russia’s energy ministry is likely to hold a meeting with the Russian oil companies later today.
After Monday’s market crash, President Donald Trump assured some fiscal stimulus measures with possible tax relief for the year 2020. Tuesday’s market recovery was most likely in the hopes of this announcement.
PayPal lost over 8% of its stock price yesterday as it feels the brunt of the biting coronavirus epidemic. The company’s execs have also been dumping shares.
Elon Musk has announced that Tesla has now produced 1 million vehicles. Tesla (TSLA) stock positively reacted to this announcement and jumped almost 10% in the premarket.
As the markets have started to recover after the recent fall, Bitcoin price has finally managed to go beyond the level of $8,000 today.
Call of Duty authors are launching a new battle royale game Warzone that will try to bite off a market share from Apex Legends, Fortnite, PlayerUnknown Battlegrounds, etc.
Last week major stock and cryptocurrency trading app Robinhood experienced a major outage. On March 9, it went offline again.
Inovio (INO) stock has now erased some of its YTD gains after Citron Research suggested the company was grandstanding. Citron’s analysts now put INO at $2.
The Italian government has announced extraordinary measures to contain the coronavirus. Prime Minister Giuseppe Conte on Monday declared the entire country a “red zone,” meaning people should stay home except of work needs and emergencies.
Markets in the Asia Pacific began to recover Tuesday and Dow Jones futures jumped more than 800 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic.
While Facebook (FB) stock is experiencing not the best times, the company takes contingent plans for the future by adding two female board members.
Virgin Galactic (SPCE) stock does not differ from other tech shares in yielding to the influence of negative events. It lost 10.29% on Monday. At the same time Musk worries that SpaceX won’t fo to Mars before he dies.