Shares of sprawling alternative investment management company Blackstone (BX 4.80%) rose Monday on news of an analyst’s recommendation upgrade. The move pushed Blackstone’s stock price nearly 5% higher, a rate that was well above the 0.6% gain of the S&P 500 (^GSPC 0.64%) on the day. Price weakness makes it a buy, says prognosticator The … Read more
There was some encouraging news about Pagaya Technologies (PGY 12.92%) on Friday, and this boosted the value of the tech company’s stock. It rose by almost 13% in value on a recommendation change from an analyst, and that performance served as quite a positive contrast to the nearly 1% dip of the S&P 500 index … Read more
The insurance industry isn’t known for being a hotbed of dynamically trading stocks. That’s why Brighthouse Financial‘s (BHF 0.73%) big price swing over the past few days was notable. On the back of a report in a trusted financial newspaper that the company was looking to find a buyer, both investors and analysts suddenly got … Read more
Over the past few trading days, Viasat (VSAT -0.48%) stock ascended like a gravity-defying spacecraft. Shares of the satellite communications specialist ballooned in price, rising by 29% this week, according to data compiled by S&P Global Market Intelligence. Nabbing a new NASA gig Much of that pop was due to Viasat’s news, released on Tuesday, … Read more
At the end of 2023, it was readily apparent that bears had been a lot more energized with clicking the sell button on NuScale Power (SMR -6.61%) stock than bulls were interested in energizing their portfolios with it: Shares plunged 68% in 2023. But in 2024, the market took note of NuScale Power’s potential as … Read more
An analyst initiated coverage of Emergent BioSolutions (EBS 11.85%) stock as the last trading week of 2024 kicked off, and investors reacted quite positively to the move. On the news, they piled into the stock, ultimately sending it to a nearly 12% gain on the day. That contrasted very favorably to the stumbling S&P 500 … Read more