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Fitbit Seen As More Than 'One-Hit Wonder' With Digital Health In Early Innings
Fitbit is best positioned to exploit the trends of real-time analytics and digital health, which are both in the early innings of adoption and technical development, according to Oppenheimer analyst Andrew Uerkwitz.
Stifel Warns Twitter May Go Way Of Tech Busts, Cuts To Sell
Stifel analyst Scott Devitt downgraded Twitter to Sell form Hold, saying that it has "never fully developed into a sustainable public company.
Alphabet Overtakes Apple As Most Valuable Public Company
Shares of Alphabet surged after the company reported fourth quarter results Monday, with after-hours stock prices signaling it has overtaken Apple as the world's most valuable publicly traded company.
DreamWorks Falls After Piper Says 'Kung Fu Panda 3' Missed Expectations
Shares of DreamWorks Animation (DWA) dropped in midday trading after an analyst from Piper Jaffray said that "Kung Fu Panda 3" slightly underperformed his expectations, despite having topped the U.S. box office in its opening weekend.
GoPro Slides After Analysts Predict Guidance This Week Will Disappoint
In early trading, GoPro fell 6% to $10.75. Shares of supplier Ambarella (AMBA), which has often moved in tandem with GoPro in the past, slipped 5%.
S&P Falls 5% In January Despite Second Straight Winning Week To Close Month
Stocks finished the month of January with two straight winning weeks, but investors are still glad to see the calendar flip as those winners only cut the S&P's loss to 5% for the month.
Analysts Remain Upbeat On Amazon In Face Of Post-Earnings Selloff
Shares of AMZN are falling after the company's 4th quarter results came in below expectations. However, many analysts defended the stock, saying the miss was caused by higher than expected shipping costs.
Gilead Slips As Another Drug Enters Hepatitis C Virus Space
Shares of GILD, a leader in the hepatitis C virus treatment space, are sliding this morning after a competitor's hep C drug was granted FDA approval. Gilead also announced a shakeup of the roles held by its top executives.
Inovio Rises As CEO Says Zika Vaccine Could Enter Human Testing This Year
Inovio Pharmaceuticals (INO) shares are rising again this morning as the Zika virus continues to gain attention and its CEO says the company is "ahead of the pack" in developing a vaccine to combat the disease.
Barclays Says Sell Check Point With Better Values To Be Found In Cybersecurity
Shares of IT security software and services provider Check Point Software (CHKP) are underperforming in a down market after Barclays cut the stock to the firm's equivalent of a sell rating.
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