The Ratings Game: GE’s stock selloff started from ‘irrational’ level, analyst says [MarketWatch]
Westinghouse Air Brake Technologies Corporation (WAB)
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am
Check Earnings Report
US:NYSE Investor Relations:
wabtec.com/investors
Company Research
Source: MarketWatch
GE’s stock selloff started from ‘irrational’ level, analyst says The big selloff in General Electric Co.’s stock was a rational response to disappointing comments made by Chief Executive John Flannery, and to an “irrational” share rally that preceded it, according to J.P. Morgan analyst Stephen Tusa. The stock GE, +2.40% bounced back 2.6% in active afternoon trade Thursday, enough to pace the handful of gainers among Dow Jones Industrial Average DJIA, -0.32% components, after plummeting 7.3% the previous session to suffer the biggest selloff in nine years. Volume had reached 73.2 million shares, already more than the full-day average over the past 30 days of 64.3 million shares. Wednesday’s tumble came after Flannery’s comments at an industry conference were interpreted to mean the company’s turnaround could take longer than expected and the current dividend was not necessarily safe. Don’t miss : GE’s stock suffers worst day in 9 years after CEO John Flannery starts talking . L
Show less
Read more
Impact Snapshot
Event Time:
WAB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WAB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WAB alerts
High impacting Westinghouse Air Brake Technologies Corporation news events
Weekly update
A roundup of the hottest topics
WAB
News
- Wabtec Announces First Quarter 2024 Earnings Release Date [Yahoo! Finance]Yahoo! Finance
- Wabtec Announces First Quarter 2024 Earnings Release DateBusiness Wire
- Global Hydrogen Fuel Cell Train Market Set to Surge at a 11.5% CAGR through 2030, Industry Projections Highlight Robust Growth [Yahoo! Finance]Yahoo! Finance
- Westinghouse Air Brake Technologies' (NYSE:WAB) investors will be pleased with their stellar 101% return over the last five years [Yahoo! Finance]Yahoo! Finance
- Global Hydrogen Fuel Cell Trains Industry Report 2024 Featuring Key Train Manufacturers, Locomotive Operators, and Fuel Cell Manufacturers [Yahoo! Finance]Yahoo! Finance
WAB
Earnings
- 2/14/24 - Miss
WAB
Sec Filings
- 3/27/24 - Form 3
- 3/19/24 - Form 4
- 3/18/24 - Form 8-K
- WAB's page on the SEC website