Traders who rushed to buy Virgin Galactic in its February boom are moving on to stocks that could benefit from the coronavirus.
saw 50 times its normal average, while Co-Diagnostics — which soared 57% on hope of a coronavirus test — saw 20 times its normal activity.
Wall Street's so-called fear gauge, the Cboe Volatility Index, hit its highest level since February 2018. TVIX was also one of the top trades on SoFi this week. Despite the change of tone on SoFi, Robinhood traders were still overwhelming interested in Virgin Galactic. SoFi's retail investors aren't giving up on Tesla either. It was still a top-traded stock on SoFi Invest in recent weeks.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Virgin Galactic Chairman Palihapitiya says stock isn't a bubble, points to $2.4 billion 'pipeline'“All of this demand keeps piling up,” Virgin Galactic Chair Chamath Palihapitiya says about space flights, pointing to a $2.4 billion “pipeline” of possible future revenue from potential customers.
Les mer »
Here are the biggest analyst calls of the day: Virgin Galactic, Biogen, Square, Southwest & moreNew for subscribers: Here are the biggest analyst calls of the day: Virgin Galactic, Biogen, Square, Southwest & more Check out CNBCPro and get your first 30 days free.
Les mer »
Jon Bon Jovi spoke to Chris Evans on Virgin Radio about teaming up with Prince Harry for new Invictus Games singleThe Duke of Sussex and the Bon Jovi singer are fundraising for injured veterans
Les mer »
Virgin Galactic Chairman Palihapitiya says stock isn't a bubble, points to $2.4 billion 'pipeline'“All of this demand keeps piling up,” Virgin Galactic Chair Chamath Palihapitiya says about space flights, pointing to a $2.4 billion “pipeline” of possible future revenue from potential customers.
Les mer »
Here are the biggest analyst calls of the day: Virgin Galactic, Biogen, Square, Southwest & moreNew for subscribers: Here are the biggest analyst calls of the day: Virgin Galactic, Biogen, Square, Southwest & more Check out CNBCPro and get your first 30 days free.
Les mer »