It is not uncommon for a company’s stock price to fluctuate significantly based on changes in its CEO. Mary Dillon, who had a successful tenure at Ulta Beauty, experienced a 20% increase in Foot Locker’s stock price when she was appointed as its CEO. This demonstrates the significant impact a CEO can have on a …
Virgin Galactic’s space tourism rocket plane SpaceShipTwo returns after a test flight from Mojave Air and Space Port in Mojave, California, December 13, 2018. Gene Blevins | Reuters Explore the companies grabbing attention in midday trading. Virgin Galactic — The shares of this pioneering space company surged by 16.5%. This month, Virgin Galactic will conduct …
Every weekday at 10:20 a.m. ET, the CNBC Investing Club with Jim Cramer hosts a “Morning Meeting” livestream. Let’s take a look at the key moments from Thursday’s session: 1. Book profits on big winners: On Thursday, Wall Street saw a significant climb, with the Dow Jones Industrial Average gaining over 350 points or roughly …
Health insurer stocks experienced a decline on Wednesday following a warning from UnitedHealth Group about higher medical costs. The company highlighted that older Americans are starting to catch up on surgeries they delayed during the Covid-19 pandemic (source). As a result, UnitedHealth’s shares, the largest U.S. health-care provider by market value, closed around 6% lower, …