Why AMD Stock Is Falling Even With Stronger-Than-Expected Results
Key takeout On Tuesday, the chipmaker reported higher-than-expected quarterly sales, giving an optimistic outlook for the current quarter. Despite a nearly 80% stock increase in the months leading up to the report, shares fell on Wednesday. Bank of America and Wedbush analysts see potential gains from chip sales in the latter half of the year, […]
Virgin Galactic Shares Rise 20% Following Stronger-Than-Expected Q1 Outcomes
Virgin Galactic (NYSE: SPCE) experienced a significant uptick of about 20% in its shares during pre-market trading on Friday. This surge followed the company’s announcement regarding its first-quarter predictions and adhering to its flight schedule. In terms of financials, the company posted a quarterly net loss of $84.5 million, translating to $2.38 per share. This […]