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AI-led IT selloff may be overdone, not the time to exit, says Edelweiss AMC CIO
cnbctv1857d ago

AI-led IT selloff may be overdone, not the time to exit, says Edelweiss AMC CIO

Trideep Bhattacharya, CIO–Equities at Edelweiss AMC, believes the recent earnings season has been resilient, with the Nifty 50 likely to see a second consecutive quarter of upgrades. He adds that with key global trade agreements in place and currency stability improving, India is relatively better positioned compared to other global markets.

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Heartflow (NASDAQ:HTFL) Reaches New 1-Year Low Following Insider Selling
americanbankingnews57d ago

Heartflow (NASDAQ:HTFL) Reaches New 1-Year Low Following Insider Selling

Heartflow, Inc. (NASDAQ:HTFL – Get Free Report) hit a new 52-week low on Wednesday after an insider sold shares in the company. The stock traded as low as $25.36 and last traded at $26.42, with a volume of 575570 shares. The stock had previously closed at $27.30. Specifically, CEO John C.M. Farquhar sold 22,562 shares [...]

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Redwire (NYSE:RDW) Shares Down 3.9% Following Insider Selling
americanbankingnews57d ago

Redwire (NYSE:RDW) Shares Down 3.9% Following Insider Selling

Redwire Corporation (NYSE:RDW – Get Free Report) was down 3.9% on Wednesday after an insider sold shares in the company. The company traded as low as $8.59 and last traded at $9.0150. Approximately 20,660,387 shares were traded during trading, a decline of 37% from the average daily volume of 32,709,488 shares. The stock had previously [...]

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VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Down 40.0% in January
americanbankingnews57d ago

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Down 40.0% in January

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO – Get Free Report) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 135,497 shares, a drop of 40.0% from the January 15th total of 225,861 shares. Based on an average trading volume of [...]

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The Western Union Company (NYSE:WU) Receives Consensus Rating of “Reduce” from Analysts
americanbankingnews57d ago

The Western Union Company (NYSE:WU) Receives Consensus Rating of “Reduce” from Analysts

The Western Union Company (NYSE:WU – Get Free Report) has earned a consensus rating of “Reduce” from the fifteen ratings firms that are presently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell recommendation and ten have given a hold recommendation to the company. The average twelve-month [...]

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Alamos Gold (TSE:AGI) Hits New 12-Month High After Analyst Upgrade
americanbankingnews57d ago

Alamos Gold (TSE:AGI) Hits New 12-Month High After Analyst Upgrade

Alamos Gold Inc. (TSE:AGI – Get Free Report) (NYSE:AGI) shares hit a new 52-week high on Wednesday after Stifel Nicolaus raised their price target on the stock from C$65.00 to C$80.00. The stock traded as high as C$63.20 and last traded at C$61.75, with a volume of 452471 shares traded. The stock had previously closed [...]

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IAMGOLD (TSE:IMG) Reaches New 52-Week High After Analyst Upgrade
americanbankingnews57d ago

IAMGOLD (TSE:IMG) Reaches New 52-Week High After Analyst Upgrade

IAMGOLD Co. (TSE:IMG – Get Free Report) (NYSE:IAG)’s stock price hit a new 52-week high during trading on Wednesday after Stifel Nicolaus raised their price target on the stock from C$28.00 to C$40.00. The company traded as high as C$30.26 and last traded at C$30.10, with a volume of 1189030 shares changing hands. The stock [...]

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Freeport-McMoRan (NYSE:FCX) Trading Up 3.4% on Analyst Upgrade
americanbankingnews57d ago

Freeport-McMoRan (NYSE:FCX) Trading Up 3.4% on Analyst Upgrade

Shares of Freeport-McMoRan Inc. (NYSE:FCX – Get Free Report) were up 3.4% during mid-day trading on Wednesday after Stifel Nicolaus raised their price target on the stock from $52.00 to $76.00. Stifel Nicolaus currently has a buy rating on the stock. Freeport-McMoRan traded as high as $65.50 and last traded at $65.41. Approximately 15,469,652 shares [...]

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