One of the most common concerns traders have about stocks is “Why Is It Moving?”
That’s why Benzinga developed the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.
Here are the current news and updates for Tesla, Netflix, Alibaba, Ford and Facebook.
Tesla Inc (NASDAQ: TSLA) delivered 184,800 automobiles in the first quarter, smoothly beating the 168,000 expected by analysts. Estimates ranged from 145,000 to 188,000 shipments, according to CNBC … Find out more
Netflix Inc (NASDAQ: NFLX) shares were trading greater Thursday after Piper Sandler started coverage on the stock with an Overweight score and revealed a $605 price target.
Here are the analyst rating updates on Netflix because the start of March:
Date Research Study Firm Action Current PT 4/01/21 Piper Sandler Starts Coverage On Overweight 605.0 3/23/21 Argus Research Study Upgrades Purchase 650.0 3/15/21 Criteria Maintains Sell 472.0
Alibaba Group Holding Ltd. (NYSE: BABA) shares were trending Thursday. The stock seems nearing a support level and to test it quickly. Alibaba likewise looks to be forming what technical traders call a “descending triangle” pattern … Learn more
On CNBC’s “The Exchange,” Jerry Castellini discussed his playbook progressing. Castellini, the president and chief investment officer of Castleark, was inquired about Ford Motor Company, which is up 38% this year.
” You might purchase Tesla today,” Castellini said, “however you could also purchase Ford at a tenth of its valuation, even up 38%, and participate in the electric automobile phenomenon.” … Find out more
The U.S. Supreme Court sided with Facebook, Inc. (NADSAQ: FB) in a case that implicated the social networks giant of violating a federal anti-robocall law.
The claim was submitted by Montana resident Noah Duguid in California federal court in 2015. Duguid charged Facebook with sending him … Read More
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