Research type: Price Movement Observations
On May 21, AT&T’s (T) market cap was $236.5 billion. AT&T is the second-largest US wireless carrier in terms of market cap.
United Airlines (UAL) stock has had a rough ride so far this year. The stock has lost 1% of its value YTD (year-to-date).
Last week, Donald Trump blacklisted Chinese telecom giant Huawei Technologies amid rising US-China trade tensions.
Clorox stock (CLX) is down about 8% since the company posted its third quarter of fiscal 2019 earnings on May 1.
After returning just 3.2% last year, McDonald’s stock has risen 12.2% this year as of May 17.
Today, Bernstein upgraded Kroger (KR) from “market perform” to “outperform,” and it also raised its 12-month price target to $33. Let's take a closer look.
Tech stocks underperformed again on May 20 after the trade spat escalated, with Huawei in the eye of the storm.
On May 15, Cisco announced its third-quarter earnings results for the quarter ending in April. The stock rose nearly 10% in the past week.
Shares of the Kellogg Company (K) are down ~5% since the company posted weak first-quarter earnings results on May 2.
Broadcom and Qualcomm earn 50% and 67% of their revenues from China. Huawei is one of Broadcom and Qualcomm's key customers in China.