• Splunk, Coty rise; Ross Stores, Hertz fall

    5 days ago - By Chron

    NEW YORK - Stocks that moved heavily or traded substantially on Friday:
    NVIDIA Corp., up $10.04 to $361.05.
    The chipmaker gave investors an encouraging revenue forecast after a surprisingly good first quarter.
    Deere & Co., down $2.10 to $140.71.
    The tractor and backhoe maker beat Wall Street's second-quarter profit forecasts even as demand fell amid the economic shock.
    Coty Inc., up 42 cents to $3.75.
    The owner of the Clairol and CoverGirl brands signed a distribution deal for Kylie Jenner's “Kylie Skin" products in Europe.
    Splunk Inc., up $20.81 to $184.26.
    The maker of software for...
    Read more ...

     

  • 'Big Short' investor Michael Burry added these 5 new stocks to his portfolio in the first quarter

    'Big Short' investor Michael Burry added these 5 new stocks to his portfolio in the first quarter

    5 days ago - By Business Insider

    Michael Burry - the famed investor portrayed by Christian Bale in "The Big Short" - added 5 new stocks to his hedge fund portfolio in the first quarter, according to a 13F filing from last week.
    While Burry's largest holding remains Gamestop, he added new stakes in companies that were negatively impacted by the coronavirus pandemic, like Boeing.
    Burry's Scion Asset Management has $387 million in assets under management as of March 31.
    Read more ...