Shares of biotechnology company Moderna Inc. experienced a rare rally on Tuesday, with investors enjoying their first gain in two weeks. This positive movement came after the company announced that the first participant had been dosed in a Phase 3 trial of its combination vaccine candidate against the flu and COVID-19 in the U.S. Adding to the optimistic sentiment, ARK Genomic … [Read more...] about Moderna Inc. Sees Stock Rally as Phase 3 Trial Begins
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The Resilience of American Express Stock in the Face of Economic Uncertainty
Despite the looming threat of a recession, American Express (ticker: AXP) has managed to hold its ground, prompting analysts to reevaluate their bearish stance on the stock. In a recent development, Citigroup analysts upgraded Amex stock to Neutral from Sell and increased their price target from $143 to $154. As of now, Amex shares are trading at $144. While the upgrade to … [Read more...] about The Resilience of American Express Stock in the Face of Economic Uncertainty
Ford Recalls Explorers Amidst Growing Sales
Ford Motor has announced a recall of its popular Explorer models, but this news has had little impact on the company's stock, which continues to rise. The National Highway Transportation Safety Administration recently issued a recall notice affecting 238,364 Ford Explorers manufactured between 2020 and 2022. Dated October 6, the recall notice may have taken a few days to appear … [Read more...] about Ford Recalls Explorers Amidst Growing Sales
Dell Technologies: Analyst Upgrades Rating on Improving Demand
Analyst Louis Miscioscia from Daiwa Capital Markets has raised his rating on computer maker Dell (ticker: DELL), citing improving demand. In a research note, Miscioscia upgraded shares of Dell to Outperform from Neutral and increased his price target to $80 from $50, implying a gain of 16% from the stock's closing price on Monday. According to Miscioscia, the demand slowdown … [Read more...] about Dell Technologies: Analyst Upgrades Rating on Improving Demand
Tupperware Stock Rockets as Shares Reach New Heights
Tupperware Brands Corp.'s stock soared by 46.6% on Wednesday as the iconic container manufacturer continues its remarkable ascent. The stock had already experienced a 75.6% increase on Monday, despite the absence of any significant news, marking its largest one-day percentage gain ever. Although shares dipped 15.8% on Tuesday, they rallied once again to end Wednesday's session … [Read more...] about Tupperware Stock Rockets as Shares Reach New Heights
