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Google Business NewsJul 01, 2020
After months of speculation, investors get excited about Pfizer, BioNTech's coronavirus vaccine candidate - MarketWatch
After months of speculation, investors get excited about Pfizer, BioNTech's coronavirus vaccine candidate  MarketWatchExperimental Coronavirus Vaccine Shows Promise  Bloomberg Markets and FinancePfizer stock jumps after it reports positive data in early stage coronavirus vaccine trial  CNBCJim Cramer on Pfizer, Vaccine Candidates: Be Hopeful, Not Ridiculous  TheStreet

MarketWatch MarketPulseJul 01, 2020
Nu Skin stock rallies 11% after company's better Q2 sales outlook
Shares of Nu Skin Enterprises Inc. jumped more than 11% in the extended session Wednesday after the maker of supplements and personal care products estimated that its second-quarter sales will be between $603 million and $608 million, above its previous forecast. That is due to "strong global customer growth with particular strength in the Americas and Europe," with online sales accounting for 80% of volume, Nu Skin said. The company had called for second-quarter sales between $520 million and $550 million previously. Nu Skin said it would report results and provide a full-year outlook on Aug. 5 after the bell. Analysts polled by FactSet expect Nu Skin to report adjusted earnings of 49 cents a share on sales of $541 million.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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Yahoo BusinessJul 01, 2020
3 "Strong Buy" Penny Stocks With Explosive Upside Ahead
What to make of the markets today? We just wrapped up the second quarter, and the S&P 500 registered its best quarter in 70 years, gaining 20%. It was even more impressive as the gains came on the rebound from the worst losses since the Great Depression. We've had recessionary pressures thanks to COVID-19, and the sudden burst of positive sentiment, as it became clear that this time, there really is pent-up demand after a collapse.Looking at the historical pattern of stock market performance following bearish quarters, SunTrust Robinson chief market strategist Keith Lerner sees reason for continued optimism."The weight of the evidence in our work still suggests that we are in a bull market… While the fits and starts in the economy and other factors will likely lead to periodic market setbacks, our work suggests this bull market continues to earn the benefit of the doubt, and we retain a positive 12-month outlook," Lerner noted.Lerner has backed up by some solid data - and not just the S&P's past performance patterns. In May, we saw jobs surge as states began to reopen and people went back to work. Retail sales bounced back over 8%, and durable goods orders, a key metric for industrial activity, jumped 15%. With June's data due out over the course of the coming week, investors are hoping for more good news.In the meantime, for investors seeking the highest possible upside, we've used the TipRanks database to pull up three penny stocks whose potential starts at 105%. These are stocks priced below $5 per share, so even a sm

Yahoo BusinessJul 01, 2020
MARKETS: NASDAQ closes at record high, up 95 points — YF Premium is bullish on Micron Technologies (MU)
Yahoo Finance's Jared Blikre joins Seana Smith to break down the day's price action in stocks as well as a long in Micron Technologies (MU), a Yahoo Finance Premium Investment Idea.


MarketWatch MarketPulseJul 01, 2020
Tesla stock hits fresh record as Wall Street awaits Q2 sales
Tesla Inc. shares gained 5% Wednesday to end at $1,133.36, a fresh record, as investors await the company's second-quarter sales numbers. The rally boosted Tesla's market valuation to more than $207 billion and above, at least for now, Japan's Toyota Motor Corp.'s $203 billion market value. Toyota, which makes more than 8 million vehicles a year, long has been the No. 1 global car maker by market capitalization. Tesla is expected to report second-quarter sales this week, with analysts polled by FactSet expecting the sale of 72,000 vehicles in the quarter, of which 61,000 are Model 3s. Tesla shares have gained 171% this year, contrasting with losses of 4% and 9% for the S&P 500 index and the Dow Jones Industrial Average .

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseJul 01, 2020
Lemonade prices IPO at $29 a share, higher than raised range
Lemonade Inc. , a mobile-based insurance start-up that seeks to court millennials, priced its initial public offering above the expected range Wednesday. After the close Wednesday, Lemonade priced 11 million shares at $29 apiece, above the already increased range of $26 to $28 from earlier in the day. Underwriters have another 1.7 million shares to cover overallotments over the next 30 days. The stock is expected to begin trading under the ticker "LMND" on the New York Stock Exchange on Thursday. The IPO price values the company at $1.64 billion should all options be exercised, just shy of the $1.7 billion valuation calculated from a $300 million investment led by SoftBank Group Corp. in April 2019.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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