Why SUPERVALU Inc. Lost 10% Last Month

Why SUPERVALU Inc. Lost 10% Last Month
What happened Shares of diversified supermarket operator SUPERVALU Inc. (NYSE: SVU) took a hit again last month, falling 10% according to data from S&P Global Market Intelligence . There was little news out on the stock during the period, other than an activist investor taking a stake, however, shares dipped in tandem with other grocery stocks as the competitive environment... Read More

AnaptysBio Gears Up For an Eventful Year

AnaptysBio Gears Up For an Eventful Year
When you don’t have a product to sell, advancing new drug candidates is a better sign of strength than headline earnings figures. This explains why AnaptysBio Inc. (NASDAQ: ANAB) announced fourth-quarter earnings on Monday, without a warning or a conference call. Management highlighted a full slate of clinical-trial activity that will keep investors on the edge of their seats in... Read More

There's No Ripple Support Coming to Coinbase

There's No Ripple Support Coming to Coinbase
Ripple (XRP-USD) coins, tied to the XRP ticker, surged 18% higher on Monday . But the gains were built on rumors, and I didn’t think they would last. Today, Ripple’s (XRP-USD) mini-bubble popped for all the expected reasons, and the cryptocurrency is trading 11% lower again. What’s going on Monday’s surge rested on speculation that the popular Coinbase exchange would... Read More