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OCGN Stock: Why Ocugen Shares Are Rocketing Higher Again Today

The Ocugen (NASDAQ:OCGN) rollercoaster is thrilling investors again today as shares surged 60% higher in pre-market trading. The rocketing price of OCGN stock follows a 61.5% gain on Friday. The net proceeds of the sale will be used for general corporate purposes, capital expenditures, working capital and general and administrative expenses.Today’s gains come as investors react to… Continue reading OCGN Stock: Why Ocugen Shares Are Rocketing Higher Again Today

Business

Yum! Earnings Top Expectations as Restaurant Sales Go Digital

Yum! Brands beat expectations for fourth-quarter earnings and revenue as the Taco Bell and KFC parent company’s results were helped by a rise in digital sales amid Covid-19 shutdowns. The company’s (ticker: YUM) fourth-quarter adjusted earnings of $1.15 a share beat Wall Street’s consensus estimate for $1.01 a share. Sales of $1.74 billion edged out… Continue reading Yum! Earnings Top Expectations as Restaurant Sales Go Digital

Business

Coinbase is Going Public Via Direct Listing

Coinbase plans to go public by way of a direct listing, the company announced in a blog post today. The cryptocurrency exchange was founded in 2012 and allows users to buy and trade decentralized tokens like bitcoin and ethereum. The company has raised over $540 million in funding as a private company. Last month, the company shared that it had… Continue reading Coinbase is Going Public Via Direct Listing

Business

Is the Options Market Predicting a Spike in Tesla (TSLA) Stock?

Investors in Tesla, Inc. TSLA need to pay close attention to the stock based on moves in the options market lately. That is because the Mar 19, 2021 $358 Put had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in… Continue reading Is the Options Market Predicting a Spike in Tesla (TSLA) Stock?