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Stock Market Roundup, Dec. 22: WATT & MU Soar, TWTR Tumbles Again
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The market has seemingly declared its resistance to a 20,000 point DOW, as stocks fell again on Thursday. While some companies, such as Micron Technology and Energous Corp., had solid days thanks to earnings and rumors, it seems like the recent rally has hit a wall.
Also, Twitter had yet another brutal day of trading. The struggling social media company fell more than 4% again on Thursday, and it seems like many investors have totally lost confidence in CEO Jack Dorsey.
Shares of Micron Technology (MU - Free Report) gained more than 13.3% in morning trading Thursday after the company posted better-than-expected first-quarter earnings and revenue. Micron also pleased investors with its strong guidance.
Shares of Energous Corp. (WATT - Free Report) are soaring nearly 10% in early afternoon trading Thursday, and it seems that investors can’t get enough of the stock following the latest round of rumors that point to a partnership between the wireless charging company and Apple (AAPL - Free Report) .
Shares of struggling social media company Twitter fell once again on Thursday. The stock was down another 4.2% in mid-afternoon trading as investors seem to have totally lost faith in founder and CEO Jack Dorsey.
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Stock Market Roundup, Dec. 22: WATT & MU Soar, TWTR Tumbles Again
The market has seemingly declared its resistance to a 20,000 point DOW, as stocks fell again on Thursday. While some companies, such as Micron Technology and Energous Corp., had solid days thanks to earnings and rumors, it seems like the recent rally has hit a wall.
Also, Twitter had yet another brutal day of trading. The struggling social media company fell more than 4% again on Thursday, and it seems like many investors have totally lost confidence in CEO Jack Dorsey.
Zacks Rank #1 (Strong Buy) Biggest Movers
Value: Micron Technology (MU - Free Report) - +12.63%
Growth: Health Insurance Innovations - +9.25%
Momentum: MU
VGM: MU
Income: Brooks Automation - +3.96%
Major Indexes
DOW: 19,907.45 / -34.51 / -0.17%
NASDAQ: 5,443.11 / -28.32 / -0.52%
S&P 500: 2,259.45/ -5.73 / -0.25%
Top Headlines
Here's Why Micron Technology Stock Is Surging Today
Shares of Micron Technology (MU - Free Report) gained more than 13.3% in morning trading Thursday after the company posted better-than-expected first-quarter earnings and revenue. Micron also pleased investors with its strong guidance.
Is Apple Teaming Up With Energous Corp.?
Shares of Energous Corp. (WATT - Free Report) are soaring nearly 10% in early afternoon trading Thursday, and it seems that investors can’t get enough of the stock following the latest round of rumors that point to a partnership between the wireless charging company and Apple (AAPL - Free Report) .
Twitter Stock Tumbles Again, Is It Time To Fire Dorsey?
Shares of struggling social media company Twitter fell once again on Thursday. The stock was down another 4.2% in mid-afternoon trading as investors seem to have totally lost faith in founder and CEO Jack Dorsey.
Stocks that Aren't in the News. Yet.
You are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. Many of these companies are almost unheard of by the general public and just starting to get noticed by Wall Street. They have been pinpointed by the Zacks system that nearly tripled the market from 1988 through 2015 with a stellar average gain of +26% per year. See these high-potential stocks free >>