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.
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.
As per Cramer’s analysis, the coronavirus outbreak has just accelerated the “work from home economy” and this could potentially benefit e-commerce giant Amazon (AMZN) in the long run.
Tesla (TSLA) stock was fully in the red on Monday as a result of oil price disputes between Saudi Arabia and Russia. But it remains number one among the most shorted stocks on the market.
While some stocks are seriously falling being affected by the current events in the world, Berkshire Hathaway stock may be the biggest winner.
Though the companies are trying to implement measures to stay strong amid the coronavirus outbreak, their stocks are still suffering. Apple (AAPL) stock was seriously down yesterday but started to gain after hours.
Shares of Tesla (TSLA) were down 12.01% at the opening today as the oil price war between OPEC and Russia alongside deepening coronavirus anxiety in the U.S. rattled investors.
Calling the coronavirus pandemic as an “unprecedented moment”, Apple boss Tim Cook asked employees to work remotely. The virus outbreak has sent tremors all across Wall Street. Trading on U.S. exchange closed for 15 minutes on Monday market opening.
Oil market prices plunged when OPEC and its allies failed to reach an agreement on production cuts. All the markets, including stocks, currencies and cryptos are falling.
Dow Jones has lost over 1,880 points due to a row of factors including Saudi’s oil price slash as well as the coronavirus that is quickly spreading. More bleeding is expected.
James Anderson, a major investor in Tesla Inc. said the company is better run after independent directors were appointed to supervise Elon Musk. But today TSLA stock is in red.
During the meeting in Vienna on Friday, Russia, Saudi Arabia and other OPEC participants were talking about the oil price and possible decrease of supply. Bitcoin price is down.
With 95% of Facebook (FB) revenue generated through the ad system, the coronavirus has negatively affected the FB stock value. Facebook is, in turn, trying to preserve its reputation by free WHO service.