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“Peloton Shares Rise on Analyst’s Bullish Price Target”

“Peloton stock (ticker: PTON) has soared 470% in the past 12 months, giving the maker of interactive exercise equipment a market value of $37.9 billion. Baird analyst Jonathan Komp raised his target to $140 from $120 on Tuesday, arguing that… Continue Reading…

Business, Stocks

“Zoom shares drop following Tuesday’s 40% surge”

“Shares of Zoom dropped around 7% Wednesday morning, as investors likely took their profits from Tuesday’s stock surge.  The videoconferencing software company’s stock soared 41% on Tuesday after it reported fiscal second-quarter earnings that were better than analysts had expected and raised its full-year guidance. The company… Continue Reading…

Business, Stocks

“Bankrupt Hertz to sell up to $500 million in new shares”

“Hertz Global Holdings Inc <HTZ.N> will sell up to $500 million in new shares, the car rental firm said on Monday, as it takes advantage of a strong rally in its stock since it filed for bankruptcy last month. Hertz… Continue Reading…