Sage Investment Club

Tesla, Southwest, Apple, AMC and more

A sign hangs in front of an AMC theater on January 27, 2021 in Chicago, Illinois. Shares of AMC Entertainment more than quadrupled today as investors continue their buying spree on heavily shorted stocks.Scott Olson | Getty ImagesCheck out the companies making headlines in midday trading.Tesla – The electric vehicle stock rose 3.3% after selling […]

Tesla, AMC, Southwest and others

Check out the companies making headlines before the bell:Tesla (TSLA) – Tesla gained 1.6% in the premarket in a volatile session, following a seven-day losing streak and declines in ten of the past eleven sessions. Baird reduced its price target on Tesla to $252 per share from $316, but continues to rate the stock outperform.AMC […]

Southwest, Peloton, Tesla, Herbalife and more

Southwest Airlines aircrafts are seen at Baltimore/Washington International Thurgood Marshall Airport (BWI) on December 22, 2021 in Baltimore, Maryland.Alex Wong | Getty ImagesCheck out the companies making headlines in midday trading.Southwest — Shares dropped 6% after the company canceled 70% of its scheduled flights and warned that mass disruptions would continue “for the next several days.” Airlines […]

Southwest, Tesla, Peloton and others

Check out the companies making headlines before the bell:China ADRs – Shares of China-based companies that trade in the U.S. rose in the premarket after the easing of Covid restrictions by the Chinese government. Among them: Alibaba (BABA) was higher by 1.5%, JD.com (JD) gained 2.2% and Pinduoduo (PDD) was up 2.1%.Southwest Airlines (LUV) – […]

Mission Produce, Nutanix, Alphabet, Tesla and more

A Tesla service and sales center is shown in Vista, California, June 3, 2022.Mike Blake | ReutersCheck out the companies making headlines in midday trading Friday.Energy — Energy stocks outperformed on the S&P 500 following a rise in oil prices, which jumped Friday on expectations of a drop in Russian crude supply. Shares of Halliburton, […]

Tesla, Nutanix, Meta and more

Check out the companies making headlines before the bell:Tesla (TSLA) – Tesla CEO Elon Musk said he would refrain from selling any more Tesla stock for 18 to 24 months. Musk has sold about $39 billion in stock over the past year, amid his $44 billion deal to buy Twitter. Tesla gained 1.2% in the […]

AMC Entertainment, Tesla, Micron, Under Armour and more

Pedestrians pass in front of an AMC theater in New York.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading.AMC Entertainment — Shares plummeted 7.4% after the company proposed a reverse stock split and announced a new $110 million capital raise in an attempt to minimize its debt load. Shares of its preferred […]

CarMax, Micron, Under Armour and others

Check out the companies making headlines before the bell:CarMax (KMX) – The auto retailer’s stock slumped 12.7% in the premarket after its quarterly profit and revenue fell well short of estimates. CarMax earned 24 cents per share, compared with a consensus estimate of 70 cents, and its comparable used-vehicle sales were down 22.4% versus FactSet’s […]

Rite Aid, Nike, FedEx and others

Check out the companies making headlines before the bell:Rite Aid (RAD) – Rite Aid jumped 8.4% in the premarket after reporting a smaller-than-expected loss and revenue that beat Wall Street forecasts, helped by accelerated sales growth at its retail operations. However, the drugstore operator lowered its full-year guidance due to various issues, including seasonal markdowns.Nike […]