Why Peloton Stock Is Defying the Downturn and Up Nearly 13%

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Why Peloton Stock Is Defying the Downturn and Up Nearly 13%

Stock markets are down today, with the S&P 500 off more than 2% in afternoon trading. One stock, however, is doing a fine job of dodging today’s downturn. As of 1:15 p.m. EDT, shares of Peloton Interactive (NASDAQ:PTON) are up 12.7%. Woman in red …
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Harley-Davidson Cuts Salaries and Freezes Hiring

Shares of Harley-Davidson (HOG) – Get Report fell on Wednesday, as the Milwaukee motorcycle major announced salary reductions and a hiring freeze. It last month had suspended a majority of its U.S. production facilities and furloughed a majority of its …
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Gannett adopts poison pill, stock soars after closing at record low

USA Today publisher Gannett Co. Inc. GCI, -17.81% said Tuesday it has adopted a shareholder rights plan, also known as a poison pill, to preserve and protect its tax loss carryforwards from a change in control. The media company’s stock soared 28% in …
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Celebrate National Beer Day with local brewery

COLLEGE STATION, Tex. (KBTX) – April 7 is National Beer Day! It is a day to celebrate one of the world’s oldest alcoholic beverages. According to the Smithsonian Magazine, the world’s oldest barely beer dates back to 3,400 B.C. to Iran’s Zagros Mountains.
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Kraft Heinz? I'm Here for the Dividend

I’ll admit that I doubted myself upon initiating a long position in Kraft Heinz (KHC) . I mean this is a firm that has been truly consistent at one thing… disappointing investors. The firm’s total debt-load simply dwarfs the firm’s cash position. A current ratio of just …
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