Two sessions ago GoPro (GPRO) was trading at its highest level in seven months, and its chart was just starting to show signs of improving health. But the action camera maker is now seeing some negative stock action amid the broader market sell-off. Shares dropped 5.4% in quick turnover in the stock market today, falling back below their 50-day and 200-day lines. Just two weeks ago, the 50-day line crossed above the 200-day, which signals that a
AT&T (T) goaded Comcast over its lack of a wireless network on Wednesday at its analysts day in Dallas, and it trumpeted financial and marketing synergies from its acquisition last month of satellite TV broadcaster DirecTV Group. John Stankey, named AT&T’s new CEO of entertainment and Internet services in July, told analysts that with DirecTV, AT&T has leapfrogged Comcast (CMCSA), Verizon Communications and Netflix (NFLX) by becoming the telecom
After falling 24% on Tuesday, Zebra Technologies (ZBRA) stock is oversold and at an attractive valuation, Robert W. Baird & Co. analyst Richard Eastman said in a research report Wednesday. Eastman upgraded Zebra stock to outperform from neutral, though he also cut his price target to 103 from 125. Zebra was up 2.5% in afternoon trading in the stock market today, near 86. Zebra stock fell to a seven-month low Tuesday after the Lincolnshire,