Author: CapitalGainsFund

Jul 10

The Ratings Game: Bed Bath & Beyond stock sinks more than 24% after earnings miss but analysts see opportunity

Bed Bath & Beyond Inc. stock took a 24.5% nosedive in Thursday trading after COVID-19-related closures drove wider-than-expected losses and steep sales declines, but analysts are upbeat about the path forward for the troubled home retailer. Bed Bath & Beyond BBBY, +4.26% reported a fiscal first quarter adjusted loss of $1.96 per share and a […]
Jul 10

: Tesla stock tops $1,500 to end at record

Shares of Tesla Inc. TSLA, +10.78% on Friday surged 11% to close at a record $1,544.65 as some investors bet demand for the Silicon Valley electric-car maker’s vehicles remains strong despite diminished prospects for car sales overall amid the coronavirus pandemic. The shares traded as high as $1,548.92. Tesla is scheduled to report second-quarter results […]