Vroom Shifts Focus to Core Assets and Future Growth
PYMNTS.com· 2024-09-24 06:59
In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and used vehicle dealership operations and released a long-term strategic plan leveraging its assets like United Auto Credit Corporation (UACC), a leading automotive finance company; and CarStory, a leader in AI-powered analytics and digital services for automotive retail.In January, Vroom officials announced a Value Maximization Plan, which discontinued the company’s e ...
'The gold sector is highly fragmented'- Gold Fields Mike Fraser on consolidation in the mining space
KITCO· 2024-09-24 06:58
Michael McCraeMichael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.Paul Harris Paul has more than 20 years of experience in the mining sector in investor relations, communications, research ...
Newmont Corporation (NEM) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-09-24 06:56
In the latest trading session, Newmont Corporation (NEM) closed at $54.48, marking a +0.02% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.28% for the day. Elsewhere, the Dow gained 0.15%, while the tech-heavy Nasdaq added 0.15%.The gold and copper miner's shares have seen an increase of 4.67% over the last month, surpassing the Basic Materials sector's gain of 1.99% and the S&P 500's gain of 2%.Investors will be eagerly watching for the performance of Newmont ...
ServiceNow (NOW) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-09-24 06:56
The most recent trading session ended with ServiceNow (NOW) standing at $925.55, reflecting a -1.26% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.28%. At the same time, the Dow added 0.15%, and the tech-heavy Nasdaq gained 0.15%.Shares of the maker of software that automates companies' technology operations witnessed a gain of 13.17% over the previous month, beating the performance of the Computer and Technology sector with its loss of 0.02 ...
Procter & Gamble (PG) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-09-24 06:56
In the latest market close, Procter & Gamble (PG) reached $173.77, with a -0.26% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.28%. Elsewhere, the Dow gained 0.15%, while the tech-heavy Nasdaq added 0.15%.Coming into today, shares of the world's largest consumer products maker had gained 2.99% in the past month. In that same time, the Consumer Staples sector gained 1.83%, while the S&P 500 gained 2%.Analysts and investors alike will be keeping a clo ...
Why Lithium Americas Corp. (LAC) Outpaced the Stock Market Today
ZACKS· 2024-09-24 06:56
Lithium Americas Corp. (LAC) closed the latest trading day at $2.31, indicating a +0.87% change from the previous session's end. The stock outpaced the S&P 500's daily gain of 0.28%. At the same time, the Dow added 0.15%, and the tech-heavy Nasdaq gained 0.15%.Shares of the lithium producer witnessed a loss of 15.81% over the previous month, trailing the performance of the Basic Materials sector with its gain of 1.99% and the S&P 500's gain of 2%.The investment community will be paying close attention to th ...
Siga Technologies Inc. (SIGA) Flat As Market Gains: What You Should Know
ZACKS· 2024-09-24 06:56
Siga Technologies Inc. (SIGA) ended the recent trading session at $8.43, demonstrating no swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.28%. Meanwhile, the Dow gained 0.15%, and the Nasdaq, a tech-heavy index, added 0.15%.Prior to today's trading, shares of the company had lost 11.17% over the past month. This has lagged the Medical sector's gain of 0.38% and the S&P 500's gain of 2% in that time.The investment community will be paying close attention to the ...
Upland Software (UPLD) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-09-24 06:56
In the latest market close, Upland Software (UPLD) reached $2.60, with a +1.17% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.28%. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.15%.Shares of the maker of cloud-based enterprise work-management software have appreciated by 14.22% over the course of the past month, outperforming the Computer and Technology sector's loss of 0.02% and the S& ...
AGNC Investment (AGNC) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-09-24 06:56
AGNC Investment (AGNC) closed the latest trading day at $10.36, indicating a -1.24% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.28%. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.15%.Heading into today, shares of the real estate investment trust had gained 2.94% over the past month, lagging the Finance sector's gain of 3.08% and outpacing the S&P 500's gain of 2% in that time.The investment community will b ...
ASML (ASML) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-09-24 06:56
ASML (ASML) ended the recent trading session at $804.06, demonstrating a +1.1% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.28%. At the same time, the Dow added 0.15%, and the tech-heavy Nasdaq gained 0.15%.The equipment supplier to semiconductor makers's shares have seen a decrease of 12.34% over the last month, not keeping up with the Computer and Technology sector's loss of 0.02% and the S&P 500's gain of 2%.The upcoming earnings release of ...