Citron: This Stock Could Fall 50%

Today's payrolls report showed 263,000 new jobs for April

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5/03/2019

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Jobs Data Sends Dow Futures Higher

By Emma Duncan

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Dow Jones Industrial Average (DJI) futures are soaring in early trading, after a better-than-expected April jobs report. Specifically, the Labor Department said 263,000 new jobs were added last month, topping expectations for an increase of 190,000, while the unemployment rate fell to a 49-year low of 3.6%. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also moving higher, with the indexes hoping to put a dent in their weekly losses. 

Continue reading for more on today's market, including: 

  • Citron: This stock will fall more than 50%.
  • Steer clear of this cloud stock next month.
  • 3 hot new stocks on Wall Street.
  • Plus, Oprah's earnings win; Marriott's C-Suite health scare; and traders digest Fiat earnings.
>> Continue reading...
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