There were some announcements by Ford (NYSE:F) last week that, combined with other tailwinds, helped spark a 15% in F stock Wednesday.Source: Proxima Studio / Shutterstock.com First, the company said it will be doing its part to ensure that hospitals have the medical equipment they need to fight the coronavirus pandemic.The company is working with General Electric (NYSE:GE) subsidiary GE Healthcare to produce hospital ventilators that can be mass-produced. Ford also plans to begin manufacturing full-face shields for hospital workers and first responders. The company plans to produce up to 100,000 protective shields per week.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd the sentiment toward F stock rose even higher after lawmakers reached a tentative agreement on the $2 trillion economic stimulus package. This was good news for the automaker and gave investors some much-needed relief. * 10 Stocks to Buy That Will Benefit From Coronavirus Mayhem The COVID-19...
Roman Reigns will not be taking part in World Wrestling Entertainment Inc.'s (NYSE: WWE) WrestleMania 36 championship match against the legendary Goldberg due to COVID-19 concerns. What Happened WWE superstar Roman Reigns has headlined four different Wrestelmanias, but is not going to make an appearance at this year's championship.Pro Wrestling Sheet said Reigns is not comfortable participating in any Performance Center shows, as he is immunocompromised, having previously battled leukemia. He does not want to jeopardize his health.Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter.Why It Matters Reigns will be replaced by another as yet unnamed wrestler in the match against Goldberg.WrestleMania is set to air on April 4 and 5 on the WWE Network and on pay-per-view. The two-night event will be hosted by Rob Gronkowski, a former football tight end and Fox Sports football analyst.WrestleMania...
In the recent past, Plug Power (NASDAQ:PLUG) has seen significant volatility. After touching a 52-week high of $6.05 in the third week of February, PLUG stock declined by 54% to $2.76.Source: Shutterstock This decline was triggered by the company's 40 million share offering at $2.75. Subsequently, the stock has moved higher by 46% and currently trades at $4.03. The sharp rally after the equity dilution has been due to the company's optimistic growth target. While the management sounds bullish, I remain skeptical.Before I discuss my views, I want to talk about a December 2019 report on PLUG stock by Spruce Point Capital Management. The report has an ultra-bearish view on the stock with management credibility, capital structure deteriorating and lack of institutional investors' interest being key negatives.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI do agree with the concerns and I see PLUG stock as a good trading stock...
