What To Make Of The TSX’s Biggest Gainers and Losers Today
The TSX gained 0.39% today, while American markets are all in the red. So what stocks made the biggest waves today, and will it continue into tomorrow? Lets find out.
First Quantum Minerals (TSX:FM) Up Nearly 8% Midday Trading
First Quantum Minerals (TSX:FM) is taking advantage of the booming material and energy sectors on the TSX this morning, up nearly 8% at the mid day point. Is this price sustainable, or will we see a dip from the company moving forward?
Shopify (TSX:SHOP) Issues Share Offering
Shopify Inc (TSX:SHOP) announced today that it has completed its offering of Class A subordinate voting shares at a price of $317.50 USD per share. The company issued 2,185,000 Class A shares, which were sold by Shopify for proceeds of $693,737,500. Shopify expects to use this capital to strengthen its balance sheet and fund further growth strategies in the future.
CannTrust (TSX:TRST) – Is it Game Over?
It was inevitable. Late Tuesday, Health Canada announced that it was suspending CannTrusts’ (TSX:TRST) licence to grow and process marijuana. Can the company survive, or is it game over? Read more to find out.
The TSX Energy Index Jumped 10% on Monday – Will it Last?
Oil enjoyed one of its best one-day gains in a decade on Monday. Brent futures ended the day up 15% over the previous day’s close. Will this be a temporary spike, or will oil stocks hold their ground?
Monday Morning Markets – The Week Ahead
In case you haven’t been paying attention to the news this weekend, half of Saudi Arabia’s oil production has been disrupted. Find out how this could affect the markets.
Dollarama (TSX:DOL) Releases 2nd Quarter Results – Raises Guidance
At the mid-point of fiscal 2020, Dollarama (TSX:DOL) is proving to be resilient amidst a tough economic backdrop. Before the open on Thursday, the discount retailer released second quarter results. Check out how they did here.
Aurora Cannabis (TSX:ACB) Posts Poor Final Quarter Results
Cannabis investors worldwide were anticipating Aurora Cannabis’s (TSX:ACB) fourth quarter results, and the Canadian cannabis company missed the mark by a large margin. Find out why…..
Fortis (TSX:FTS) Raises its Dividend – One Step Closer to Becoming a Dividend King
One of Canada’s premier dividend growth companies, Fortis (TSX:FTS) announced a 6.1% raise to its quarterly dividend on Tuesday. The raise is inline with company guidance in which it expects to raise dividends by an average of 6% through 2022. What does this mean for the company moving forward?
Monday Morning Markets – The Week Ahead
Although earnings season has come to a crawl, there is still plenty to look forward to this coming week. A couple of high-profile earnings can lead to big moves and U.S. Retail sales will shed more light on the strength of the economy. Find out who they are here.