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Tech Stocks Sink As Market Momentum Runs Out Of Steam

A selloff in some of the world’s largest tech names is dragging down stocks this morning. The S&P 500 is headed toward its worst day since mid-March, while the Nasdaq is currently down more than 2% as mega caps Apple, Tesla, and Amazon trade sharply lower. “We’ve had this spectacular...

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Intrepid Potash Inc (NYSE: IPI): Intrepid Potash shares are up nearly 4% today after the company reported its first quarter results. “First quarter results benefited from strong potash and Trio® pricing and sales, leading to improvements in net income, gross margin and EBITDA compared to the prior year.” Bob Jornayvaz, Intrepid’s Executive Chairman, Preside...

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INTC is down -14% in the last month. That could be a good thing for value investors

Despite a strong fundamental profile that included a healthy balance sheet, increasing Free Cash Flow, and strong liquidity throughout the past year, those issues were apparently enough to prompt a change in executive leadership, with Pat Gelsinger, a long-time Intel employee before leaving in 2009 to lead VMWare, taking over for Bob Swan. Since that change in leadership was announced, the stock surged in April, pushing from a January starting point at around $50 to a high point at around $68...

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Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company’s products include athletic shoes, apparel, and accessories, as well as a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation. It also provides private label items, such as shoes, apparel, camping equipment, fishing supplies, and snow sport equipment.


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