USA TODAY Published 9:45 AM EDT Oct 11, 2018 Investors are bracing for more swings in stock prices Thursday after the U.S. market's biggest rout since February was followed by sizable losses in Asia and Europe amid fears of slowing growth due to higher interest rates and trade tensions. In volatile early trading on Wall Street, the Dow Jones industrial was down as much as 151 points but off its lows, after plunging more than 800 points Wednesday. The big stock selloff in the U.S. spread overseas overnight, with Japan's main stock index falling nearly four percent and shares in Shanghai shedding more than 5 percent. Shares were also down about 1 percent in Europe. After Wednesday's rout, Wall Street pros are debating whether the current slide is signaling more severe problems for a bull market that is more than nine years old. Citing a still low chance of recession in the U.S., the current swoon is more likely just a "correction" -- or short-term pause -- in an ongoing … [Read more...] about Stock prices continue to fall after worst day since February
Apttus stock price
IntriCon shares cool after secondary offering IntriCon, the best-performing Minnesota stock since 2017, cooled a bit last week amid a secondary stock offering that netted nearly $90 million, less underwriting fees and $27.5 million in proceeds from stock sales insiders. IntriCon’s stock price has run from about $8 per share a year ago to more than $68 on Aug. 15, just before the stock was priced and sold. The secondary stock offering was priced at $55 per share, represented a 13.5 percent discount to its market value over the past 30 days, or about a 3.5 percent premium to the upticking stock, according to Chief Financial Officer Scott Longval. The price of IntriCon, dropped after the offering to as low as $56 per share, reflecting a 25 percent increase in shares outstanding. Insiders sold about 25 percent of their holdings, including CEO Mark Gorder, a 40-year veteran who had not previously sold shares of the stock, and eight other officers and directors. Gorder, 71, sold … [Read more...] about Intricon’s stock price reflects investor enthusiasm even amid dilutive stock offering
U.S. stocks have been on a roll, setting repeated new record highs for the S&P 500 and Nasdaq Composite. The Dow Jones industrials index has been the laggard, weighed down by losses in trade-sensitive names like Boeing. However, it's still within 2 percent of its Jan. 26 peak, and it seems likely to cross that mark any day now. Stock index futures on Thursday morning were down slightly after four straight days of gains on the major indexes, but at this point, August seems sure to be another month of rising stock prices -- the fifth in a row for the S&P 500 and Nasdaq and the second for the Dow Jones industrials. This is already the longest bull market ever, and the current U.S. economic expansion is also one of the longest in history. Yet nagging concerns remain, from the specter of political shenanigans (impeachment?) looming after Election Day to the deepening trade rift between the U.S. and China. But equity investors apparently couldn't care less. Here are three reasons … [Read more...] about 3 forces pushing stock prices higher
By Steve Butler | [email protected] | PUBLISHED: February 16, 2018 at 6:30 am | UPDATED: February 16, 2018 at 6:47 am With the market finally delivering its long-overdue correction, it’s comforting to recall Warren Buffett’s statement: “Stock prices rarely reflect the true value of companies. When it does happen, it’s an accident.” Say again? What do stocks represent if not the value of the companies we have in our mutual funds and investment portfolios? In 2001, one of my weekly columns explained “marked to market,” which is the mechanism through which every single share of stock in a public company is valued from second to second throughout the day. The day’s “closing price“ is the price per share reported for the last sale of the day. All shares are effectively “marked,” or valued, based solely on the price of just those being sold on the stock exchange — an extremely small fraction of the … [Read more...] about Why stock prices rarely reflect companies’ true value
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Richard S. Warr, North Carolina State University (THE CONVERSATION) Stock markets have been on a wild ride recently, plunging one day and then soaring the next. Pundits have offered many reasons for the biggest stock market swoon in two years. One of the most frequently blamed culprits was the threat of inflation, which loosely means an increase in consumer prices over time. That threat became a little more real after the latest data, released on Feb. 14, showed inflation in January rising more than expected, sending stocks and bonds lower. What would prompt something so seemingly banal to send investors into a state of craziness and even panic? A closer look at inflation – a topic I’ve studied closely – and how it affects markets offers some answers. It also hints that an economic slowdown is closer than you may think. What is inflation? … [Read more...] about Why does inflation make stock prices fall?