Month: May 2021

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Big Lots shares jump 2.7% premarket as earnings top estimates

Big Lots Inc. shares BIG, -5.58% rose 2.7% premarket after the wholesaler posted better-than-expected earnings for the first quarter. The…

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Coronavirus tally: Global cases of COVID-19 top 169 million as U.S. braces for holiday weekend

The global tally for the coronavirus-borne illness climbed above 169 million on Friday, according to data aggregated by Johns Hopkins…

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Hibbett Sports reports record profit, gives upbeat guidance

Hibbett Sports Inc. HIBB, -2.93% stock jumped 6.5% in Friday premarket trading after the athletic retailer reported a record profit…

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AMC’s premarket surge of 20% leaves short sellers with new losses of $500 million, says Ortex

Shares of movie-chain operator AMC Entertainment AMC, -1.51% climbed 20% in premarket trading, after jumping 36% on Thursday, and more…

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Canadian cannabis company Hexo announces third deal of 2021, the purchase of Redecan for C$925 million in cash and stock

Canadian cannabis company Hexo Corp. HEXO, +9.95% HEXO, +9.49% said Friday it has agreed to acquire privately held Redecan for…

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Eton’s stock falls after FDA questions application for methanol poisoning therapy

Shares of Eton Pharmaceuticals Inc. ETON, -16.84% tumbled 20.0% in premarket trading on Friday after the company said the Food…

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Dow gains over 100 points as Fed’s preferred inflation measure hits 13-year high

U.S. stock benchmarks on Friday climbed modestly higher to wrap up the week and month, after a closely watched measure…

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Baker Hughes data show U.S. oil-drilling rigs up a 4th week

Baker Hughes BKR, +0.25% on Friday reported that the number of active U.S. rigs drilling for oil was up by…

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Gold futures climb back above $1,900, end the month nearly 8% higher

Gold futures climbed back above $1,900 an ounce on Friday to tally a gain of almost 8% for the month….

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Amgen gets FDA approval for new lung-cancer drug

Shares of Amgen AMGN, +1.12% were up 0.5% in trading on Friday after the Food and Drug Administration said it…

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U.S. oil futures settle lower, but post gains for the week and month

U.S. oil futures settled with a loss on Friday, following five consecutive session gains, but prices settled higher for the…

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Dow ends off highs on Friday to wrap trading in May as investors ready for Memorial Day holiday

The Dow and S&P 500 on Friday booked gains for the day, week and month ahead of Memorial Day weekend,…