Tag Archives: coronavirus

Some companies had their stocks in the news recently as prices changed for different reasons. And one of them is the ongoing coronavirus outbreak.At pretty much any point in time, the movement of the individual stocks in the equities markets all over the world easily makes news. Analysts are always with their ears to the ground, trying to figure out why certain stocks are performing the way they are. If they soar, most times, it’s a direct effect of certain market factors or decisions the...

Dow Futures dropped 400 after a report of the first coronavirus case in Northern California, of unknown origin. The drop has come even after Donald Trump gave assurances to the investors that the virus is under control and there is no call for alarm.The Dow Futures dropped 400 points in the early hours of trading on Thursday, and it’s indicating a further drop after the first coronavirus case of unknown origin was reported in the U.S. Northern California. The CDC confirmed it does not have a...

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has fallen through the floor and is trading at just over $9,300. This means it’s lost more than $1,000 from its 2020 high point.Bitcoin Isn’t Doing So Hot, LatelyTo be fair, however, everything seems to be slumping. The stock market isn’t doing well either, with reports claiming the Dow Jones has dropped by more than 1,000 points in just the last 48 hours alone.Some claim that the heightened fear and...

Moderna Inc (MRNA) stock has been skyrocketing since the company announced its mRNA COVID-19 vaccine has been successfully shipped to the National Institute of Allergy and Infectious Diseases.Moderna Inc (NASDAQ: MRNA), a biotech company that is focused on drug discovery and also in the drug development, has seen its stock market value continue rising even hours after it announced the release and shipment of its COVID-19 vaccine. The shares so far are up by 7.11% in the pre-market, where at...

The U.S. stock market is suffering from huge losses in its value due to coronavirus fears that have gripped investors. The U.S. stock market has received a huge blow due to the ongoing coronavirus outbreak (COVID-19) outside mainland China. In just two days, the sell-off wiped out more than $1.7 trillion from the market value, a rare case that was observed four years ago.According to an indices analyst, most investors who had their money in the stock market fled the riskier assets due to the...

Dow Futures started brightly on Wednesday morning but reversed course through the early hours. Investors are waiting for updates on the coronavirus infections around the world, especially in China, South Korea and Italy.Last few days we were witnessing futures going pretty much down. Stocks on United States markets had really bad few days. As per our analysis most of them had lived through the worst moments in their last four years (some even five).Most of it we can “thank” to the coronavirus...

Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100, marking the second day of losses amidst fears of the coronavirus spreading to more countries.Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100. That marked the second day of losses as global equities markets steeply corrected on the fears of the coronavirus spreading to more countries. As the price plunged violently, traders in...

Tesla (TSLA) shares are now trading at $782.42. The stock has gained 171% in the past 12 months, and the current downfall is quite painful for the company.Amid the spreading coronavirus fears, the situation on the market is worsening, with tech giants’ shares tanking. Even Tesla Inc (NASDAQ: TSLA) stock dropped greatly. The carmaker’s shares plunged by more than $100 in just two days. As we have recently reported, Tesla (TSLA) stock plunged more than 7% on Monday, closing down 7.5% at...

Warren Buffett has warned against buying or selling shares. He doesn’t think that the behavior of investors should be influenced by the coronavirus panic.Many people have revealed reactions in response to the heavy plunge the stock markets took as a result of the coronavirus. A lot of companies shed some weight which ended up significantly affecting some of the world’s richest people. As with occurrences like this, many businessmen, as well as market analysts and traders alike, have aired...

Moderna (MRNA) stock price is increasing after the news that the first coronavirus vaccine is ready to be tested on humans. Yesterday, the stock gained 20% and is still growing today.Moderna Inc (NASDAQ: MRNA) stock jumped by 20% on Monday and keeps growing today. This has happened as a result of its recent breakthrough in developing a vaccine to fight with the coronavirus. The biotech company indicated in a press release that its RNA-based vaccine is ready for its first batch of human...