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The most heavily shorted names have been rallying off their lows in the past several days. On a relative basis, the 100 most heavily shorted stocks versus the Russell 3,000 have broken out of the downtrend that has been in place since the height of the meme stock mania in January 2021...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips This article describes six dividend stocks to buy in July with yields over 5%. These stocks are more likely to withstand a recession than the average stock. The Federal Reserve is going to raise rates again in July, which ...
Gordon Haskett expressed some skepticism on Five Below (NASDAQ:FIVE) hitting its FY22 outlook after taking in the recent round email promotions on summer seasonal items. Analyst Chuck Grom said the promotions arrived early in the season and were deeper than anticipated. "This likely raises qu...
The end of earnings season is within sight. However, there are still a number of important names set to report in the coming weeks, with key implications for sectors like software, autos, retail, and more. In the week ahead, such high-profile names as Coupa Software (NASDAQ:COUP -5.6%),...
Discount stores have performed wonderfully in this period of rampant inflation, rising gas prices, and higher interest rates. As macroeconomic and geopolitical events put enormous pressure on consumers, they've been turning to deep discounters to stretch their dollars further. That wasn...
Big Lots (NYSE:BIG) further lowers its price target to $23 from $31 and maintains hold rating on the shares. PT implies a potential downside of 14.63% from the stock’s previous close. Q1 earnings miss on May 27 with pessimist outlook weigh on the stock. J. P. Morgan sees 75% downside f...
Based on several recent reports, it appears the Fed may be achieving its goal of demand destruction. What’s more, even though inflation is still elevated, it appears to be moderating based on the latest data. On top of this, the market has been massacred over the last few m...
The following slide deck was published by Big Lots, Inc. in conjunction with their 2022 Q1 earnings call. For further details see: Big Lots, Inc. 2022 Q1 - Results - Earnings Call Presentation
Cannabis stocks Canopy Growth (NASDAQ:CGC) and Aurora Cannabis (NASDAQ:ACB) were among the standout decliners in Friday's intraday trading. CGC dropped on earnings news, while a financing plan sparked a nearly 40% decline in ACB. Meanwhile, Big Lots (BIG) continued the recent focus on retail ...
Big Lots (NYSE:BIG -9.1%) could be in for more big declines yet, according to JP Morgan. Shares of the Columbus, Ohio-based retailer reeled on Friday after reporting stark slowdowns in sales and ballooning inventory that will hang over shares for the foreseeable future. Yet, JP Morgan analyst...
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Big Lots Partners with Make-A-Wish America for First-Ever Joint Point-of-Sale Campaign to Support Children with Critical Illnesses PR Newswire National partnership will help bring essential support to children with critical illnesses COLUMBUS, Ohio , July 2, ...