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Trading Ideas

Morgan Stanley Warns on Outlook After 30% Quarterly Profit Drop

Morgan Stanley (MS) reported a 30% profit decline in the first quarter missing analysts’ expectations, while warning that the coronavirus-related economic pain will continue to have adverse effects on the attainment of its future financial results.Earnings attributable to common shareholders declined to $1.59 billion, or $1.01 per share, in the first quarter ended March 31, from $2.34 billion, or $1.39 per share, a year ago. Analysts had expected a profit of $1.14 per share. Net revenues slid to $9.5 billion in the first three months of the year from $10.3 billion a year ago.Looking ahead, Morgan Stanley warned that the …read more […]

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Liberty TripAdvisor Stock Review: Penny Stock Powers Ahead During Outbreak

Liberty TripAdvisor stock is reaching new heights while the rest of the market is plummeting. The world’s largest travel platform is making headlines and raising the eyebrows of investors across the nation. Why is LTRPB stock soaring during such a difficult market?
Liberty TripAdvisor Holdings (Nasdaq: LTRPA, LTRPB) is just as confused as everyone else. The company released a statement on April 15th admitting that it’s “not aware of the reasons for the recent volatility in its stock price.”

Why is Liberty TripAdvisor Stock Mysteriously Soaring?
The current stock market is down over 600 points. However, LTRPB stock is flourishing. That is Liberty …read more […]