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Circle Internet Group Drops, Opendoor Technologies Surges, Philip Morris Falls

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Manage episode 495909121 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode of Stock Movers:
Circle Internet Group (CRCL) shares drop after the stablecoin issuer was downgraded to sell from neutral at Compass Point Research & Trading LLC, as it sees more competition for Circle now that the US stablecoin bill has passed.
Opendoor Technologies (OPEN) shares surge. It extended its rally from last week, as investors continued to pile into the stock that has found a sudden fandom among retail traders and social-media platforms.
Philip Morris (PM) shares fell after Zyn nicotine pouches shipments accelerated by less than analysts had expected. Citi analyst Simon Hales said "Underlying Zyn consumer off-take trends remain strong" but the volume miss is likely to weigh on the shares.

See omnystudio.com/listener for privacy information.

  continue reading

654 episodes

Artwork
iconShare
 
Manage episode 495909121 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode of Stock Movers:
Circle Internet Group (CRCL) shares drop after the stablecoin issuer was downgraded to sell from neutral at Compass Point Research & Trading LLC, as it sees more competition for Circle now that the US stablecoin bill has passed.
Opendoor Technologies (OPEN) shares surge. It extended its rally from last week, as investors continued to pile into the stock that has found a sudden fandom among retail traders and social-media platforms.
Philip Morris (PM) shares fell after Zyn nicotine pouches shipments accelerated by less than analysts had expected. Citi analyst Simon Hales said "Underlying Zyn consumer off-take trends remain strong" but the volume miss is likely to weigh on the shares.

See omnystudio.com/listener for privacy information.

  continue reading

654 episodes

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