Wall Street Labels Cybersecurity Stock "Dead Money"

Stock indexes are set to end the week with huge losses

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MIDDAY MARKET CHECK     5/10/2019
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Dow Down Big Again; Uber IPO In Focus By Josh Selway Share On The Dow Jones Industrial Average (DJI) is down 300 points today following an increase in U.S. tariffs on Chinese goods and more tweeting this morning from President Donald Trump. Specifically, President Trump suggested the U.S. would stay patient in its pursuit of a trade deal with China, as the countries continue negotiations in Washington. Outside of the trade drama, investors were greeted with low inflation data once again, according to the consumer price index (CPI) for April, while others monitor Uber's (UBER) high-profile initial public offering (IPO). The shares of the ride-hailing company opened moments ago on the New York Stock Exchange (NYSE) at $42.26, below their $45 per share IPO price. Continue reading for more on today's market, including:  Analyst recommends buying Pinterest stock before earnings. Why one cybersecurity stock is now considered "dead money." Plus, bears move in on Citron target; a top Nasdaq performer; and cancer drug sales sink biotech. >> Continue reading...
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>> Choosing the Right Online Broker Click to continue to advertiser's site. >> Take-Two Stock Struggles Below Key Level Before Earnings The video game stock is lower in today's trading >> Chinese Internet Stock Surging on Impressive Earnings Call options traders have been favoring the stock >> Analyst: Symantec Stock "Dead Money" After Profit Warning Six brokerages have issued price-target cuts on SYMC already >> Pinterest Lands Bull Note Before First Earnings Release Options traders have been targeting the $30 level ADVERTISEMENT D1-Z Income Streams Revealed: Your Intro Guide to Earning Income on Technology in a New Way. They're effectively paying out a lot more than most CD, bonds, REITS, dividend stocks, royalties, or any other passive income stream you can think of ". Download this free guide on how to profit from this new investment opportunity. Find out more here
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