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The tech-heavy Nasdaq index remained the best performers in post-election trading as shares of big tech stocks rose sharply on prospects of dividend legislative assembly. Traders assume the clear majority for any side could make it easier for them to amend tech and social media laws. Besides Nasdaq, other stock indices have also reported hefty […]
European stocks reported losses in the past two consecutive sessions as Donald Trump has halted stimulus talks and German industrial data fell short of expectations. However, Wall Street soared sharply on Wednesday and extended the trend into Thursday trading.
Aurora Cannabis stock price hit an all-time low despite beating fourth-quarter results. Investors reacted strongly to declining revenues as their consumer cannabis sales dropped almost 9% from the past year period and the company sees an extension of the declining trend in the first quarter this year.
Shopify stock price retreated sharply in the past two weeks after hitting all-time high of $1140 at the beginning of this month. The shares of internet services and e-commerce company plunged below the $930 amid the broader market selloff. However, the market analysts are seeing a significant upside potential in the days ahead for Shopify stock.