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markets-journal

Markets Journal 06/25/2020

  • Rad Universe Top Movers:
    • Farfetch FTCH: +19.37%
    • Forum Merger II Corp FMCI: +18.09%
    • Factset Research Systems FDS: +15.12%
  • Another 1.48 million Americans (expected 1.32 million) filed for unemployment benefits: Initial Jobless Claims
  • Macy’s M to lay off 3,900 employees
  • Federal Reserve to restrict big banks from raising their dividend payments after their annual stress tests on the financial institutions
  • Major Moves:
    • Wix.com WIX reached an all time high at $253.46
    • T-Mobile US TMUS reached an all time high at $111.57
    • Snap SNAP reached a 52 week high at $24.19
    • Coupa Software COUP reached an all time at $272.79
    • Momo MOMO reached a 52 week high at $17.94
    • Factset Research Systems FDS reached an all time high at $322.80

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