1 hour ago
After-hours moving company
Check out the companies making headlines after the bell:
Intuitive Surgical — Shares of the company, which provides robotic-assisted surgical solutions, rose 1% after the company reported better-than-expected financial results.
KB Home – The homebuilder rose nearly 2% after announcing its board of directors approved a new $1 billion stock buyback.
Western Alliance — Shares of the regional bank fell less than 1% in after-hours trading after the company reported disappointing financial results.
— Yun Lee
1 hour ago
Bearishness increased in latest AAII poll, but bullishness remained above average for 24 consecutive weeks
Main Street investors became more bearish in the latest weekly survey from the American Association of Individual Investors, but not so bullish that they remain above average for the 24th straight week.
The number of investors who are pessimistic about the outlook for stock prices over the next six months rose to 34.0% from 24% last week, the highest level since early November.
This is the first time since early November, just after the current bull market began, that investor bearish sentiment has exceeded the historical long-term average of 31.0%.
The bullish ratio narrowed to 38.3% from 43.4% last week, but this is still above the historical long-term average of 37.5%. The most recent high was recorded the week before Christmas, when the bullish mood reached 52.9%, while readings in early and late March were closer to 51.7% and 50.0%.
— Scott Schnipper
