Stocks traded volatilely Friday as Wall Street marked May's final market day, but the main indexes ended the session higher as investors moved their focus off of tech and into other sectors. The S&P 500 fell nearly 1% earlier the session due to a tech-sector selloff, but then rebounded -- ultimately allowing the index to end May with its best monthly gain since February. The$S&P 500 Index(.SPX.US)$rose 0....
Morning Movers Gapping up $Gap Inc(GPS.US)$stock surged 23% as the clothing retailer increased its full-year sales outlook, signaling that its turnaround efforts may be gaining traction. $Zscaler(ZS.US)$stock climbed 15% following the cloud security company's report of robust quarterly earnings and an upward revision of its guidance. $Ambarella(AMBA.US)$stock soared 20% after the chip designer posted a smaller-than-expected ...
Insiders at Ambarella selling shares without any recorded purchases raises caution. The lack of buying activity over the last twelve months does not instill confidence in the company's prospects.
The uninspiring revenue growth and lack of profitability have likely led to the share price decline. However, if data indicates long term growth, the current sell-off could be an opportunity. Investors should be aware of 3 warning signs.
Morning Movers Gapping up $Tesla(TSLA.US)$stock rose 0.3% after Chief Executive Elon Musk said the electric vehicle manufacturer had completed production design on a long-planned update to its Roadster electric sportscar, adding that it was likely to ship starting next year. $TJX Companies(TJX.US)$stock rose 1.4% after the retailer topped market expectations for fourth-quarter sales on Wednesday as shoppers flocked to its T...
102188459 : Good
151873257 : Healthy that the Spyders and DIA recovered. Good news.