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HF Sinclair (DINO) Loses 10.9% as CEO Takes Leave
Yahoo Finance· 2026-02-19 14:26
We recently published 10 Losing Stocks in an Otherwise Optimistic Market. HF Sinclair Corp. (NYSE:DINO) was one of the worst performers on Wednesday. HF Sinclair fell by 10.86 percent on Wednesday to end at $51.57 apiece as investor sentiment was dampened by the sudden leave of absence (LOA) of its chief executive, Timothy Go. In a statement, HF Sinclair Corp. (NYSE:DINO) said that the board of directors received a request from Go to take a voluntary LOA from his duties, without divulging the reason for ...
VNET (VNET) Slashes 9% on Notes Maturity Extension Concerns
Yahoo Finance· 2026-02-19 14:25
We recently published 10 Losing Stocks in an Otherwise Optimistic Market. VNET Group Inc. (NASDAQ:VNET) was one of the worst performers on Wednesday. VNET Group extended its losing streak to a third straight session on Wednesday, shedding 9.38 percent to close at $12.46 apiece as investor sentiment was dampened by its initiative to push back the maturity date of its $250 million convertible senior notes for another seven months. In a regulatory filing, VNET Group Inc. (NASDAQ:VNET) said that it entered ...
Halozyme (HALO) Loses 9% on Weak Earnings
Yahoo Finance· 2026-02-19 14:25
We recently published 10 Losing Stocks in an Otherwise Optimistic Market. Halozyme Therapeutics Inc. (NASDAQ:HALO) was one of the worst performers on Wednesday. Halozyme snapped a two-day winning streak on Wednesday, shedding 9.01 percent to finish at $73.23 as investors digested a weak earnings performance in both the fourth quarter and full-year 2025. In an updated report, Halozyme Therapeutics Inc. (NASDAQ:HALO) said that net income last year fell by 28.6 percent to $317 million from $444 million in 2 ...
Palo Alto (PANW) Loses 6.8% as Impressive Earnings Priced In
Yahoo Finance· 2026-02-19 14:25
We recently published 10 Losing Stocks in an Otherwise Optimistic Market. Palo Alto Networks Inc. (NASDAQ:PANW) was one of the worst performers on Wednesday. Palo Alto tumbled by 6.82 percent on Wednesday to close at $152.35 apiece, as investors appeared to have already priced in a strong earnings performance in the second quarter of fiscal year 2026 prior to the official results. In an updated report, Palo Alto Networks Inc. (NASDAQ:PANW) said that net income in the second quarter ending December 31 in ...
SolarEdge (SEDG) Dips 5.5% as Strong Earnings Priced In
Yahoo Finance· 2026-02-19 14:25
We recently published 10 Losing Stocks in an Otherwise Optimistic Market. SolarEdge Technologies Inc. (NASDAQ:SEDG) was one of the worst performers on Wednesday. SolarEdge snapped a two-day winning streak on Wednesday, shedding 5.47 percent to finish at $35.10 apiece as investors appeared to have already priced in a strong earnings performance last year prior to the official release. Earlier this month, several solar companies announced a stellar earnings performance for the fourth quarter and full-year ...
TeraWulf (WULF) Drops 5% Ahead of Earnings
Yahoo Finance· 2026-02-19 14:24
We recently published 10 Losing Stocks in an Otherwise Optimistic Market. TeraWulf Inc. (NASDAQ:WULF) was one of the worst performers on Wednesday. TeraWulf slashed its share prices by 4.94 percent on Wednesday to close at $15.38 apiece as investors parked funds while waiting for the results of its earnings performance later this month, as well as further developments to bolster buying appetite. According to the company, it is scheduled to release its financial and operating highlights in the fourth qua ...
Applied Digital (APLD) Loses 4.9% as Nvidia Disposes of Shares
Yahoo Finance· 2026-02-19 14:24
We recently published 10 Losing Stocks in an Otherwise Optimistic Market. Applied Digital Corp. (NASDAQ:APLD) was one of the worst performers on Wednesday. Applied Digital extended its losing streak to a sixth straight day on Wednesday, dropping 4.92 percent to close at $31.91 apiece, as investor sentiment was further dragged by news that Nvidia Corp. has entirely disposed of its stake in the company. Apart from Applied Digital Corp. (NASDAQ:APLD), Nvidia—considered the technology benchmark bolstering AI ...
USA Rare Earth (USAR) Tumbles 4.3%, Here’s Why
Yahoo Finance· 2026-02-19 14:24
We recently published 10 Losing Stocks in an Otherwise Optimistic Market. USA Rare Earth Inc. (NASDAQ:USAR) was one of the worst performers on Wednesday. USA Rare Earth extended losses for a second day on Wednesday, shedding 4.31 percent to finish at $18.20 apiece as investors parked funds amid the absence of fresh catalysts to boost buying appetite. Despite the decline, USA Rare Earth Inc. (NASDAQ:USAR) was notably up by 53 percent year-to-date, albeit its month-to-date tally showed a decline of 18.8 p ...
Flagstar (FLG) Sheds 4% on Profit-Taking
Yahoo Finance· 2026-02-19 14:24
We recently published 10 Losing Stocks in an Otherwise Optimistic Market. Flagstar Bank NA (NYSE:FLG) was one of the worst performers on Wednesday. Flagstar dropped its share prices by 4.26 percent on Wednesday to close at $13.50 apiece as investors booked early profits following an intra-day rally. During the session, the stock opened at $14.20 and hit a day high of $14.29, or just 1.8-percent shy of its 52-week high of $14.54. In other news, Flagstar Bank NA (NYSE:FLG) is set to pay $0.01 worth of div ...
Chase hammers home branch advantage
Yahoo Finance· 2026-02-19 14:24
Core Viewpoint - Chase is committed to expanding its physical branch presence by hiring more employees, renovating existing outlets, and opening new branches, reflecting a long-term strategy that dates back to the post-financial crisis era [1][2]. Group 1: Branch Expansion Strategy - Chase plans to hire an additional 1,100 retail banking employees, renovate 600 outlets, and open 160 new branches, aiming to add over 10,500 consumer bank staff by the end of the year [1]. - The branch strategy is rooted in a goal set around 2024 to add more than 500 branches by 2027, continuing a trend established after the 2008-2009 financial crisis [1]. Group 2: Branch Network Comparison - Chase's branch network has decreased slightly from 5,229 branches in 2009 to approximately 4,993 today, a reduction of only 236 outlets or 4.5% [3][5]. - In contrast, Bank of America and Wells Fargo have seen significant reductions in their branch networks, with Bank of America down by 2,598 branches (almost 42%) and Wells Fargo down by 2,553 branches (about 38%) since 2009 [5]. Group 3: Market Position and Deposits - Chase became the largest US bank by deposits in 2020, surpassing Bank of America, and has maintained this position every year since [6]. - The overall trend in the US shows a decline in branch numbers, but the rate of closure is slower compared to the UK and much of Europe [7]. Group 4: Branch Density - The total number of US bank branches peaked at 99,550 in 2009 and has since fallen to around 74,000, resulting in a branch density of 21.7 branches per 100,000 people [8]. - In comparison, the UK has approximately 4,600 bank branches serving a population of 69 million, leading to a branch density of about 6.6 branches per 100,000 people, which is less than one-third of the US figure [8].