Wednesday, January 19th, 2022

Tag: triggers

Morgan Stanley’s bearish report triggers drop in auto dealer group stocks such as Penske, AutoNation

Stock prices for public dealership groups took a hit Wednesday after Morgan Stanley equity analyst Adam Jonas released a research note expressing caution. In his report, Jonas downgraded Penske Automotive Group Inc. and Sonic...

Morgan Stanley report triggers drop in auto dealer group stocks such as Penske, AutoNation

Stock prices for public dealership groups took a hit Wednesday after Morgan Stanley equity analyst Adam Jonas released a research note expressing caution about the group. In his report, Jonas downgraded Penske Automotive Group...

Dow drops more than 200 points after highest inflation reading in 30 years triggers bond yield spike

Traders work on the floor of the NYSE. NYSE Stocks retreated Wednesday after October’s consumer price reading showing the biggest annual jump in more than 30 years, sending investors into hedges against inflation and...