Trade of the Week: Facebook

Trade of the Week: Facebook

The market is experiencing a resurgence of volatility, adding to the already very active options market. Last week, the bears finally caught up to Facebook (FB). The social media platform’s share price dropped 8% in one day, with options trading over 1 million contracts. The selloff came courtesy of Verizon (VZ), which decided to pull […]

HUM Subsidiary Announces Expansion Plans to Launch 20 More Care Facilities

HUM Subsidiary Announces Expansion Plans to Launch 20 More Care Facilities

Humana (HUM) subsidiary, Partners in Primary Care, has embarked on a major expansion that will roll out over three years, and includes bringing online 20 additional care facilities in the first year. Commenting on the expansion plans, was Renee Buckingham, Humana Care Delivery Organization president, “We’re thrilled to see the communities we serve continue to […]

PLUG Stock Price Jumps on Revenue Projection Increase

PLUG Stock Price Jumps on Revenue Projection Increase

Plug Power (PLUG) leapt higher in trading Tuesday, approaching levels the stock last saw in 2014, as the company announced the completion of two acquisitions and raised financial targets going forward.  PLUG said it had completed acquisitions of United Hydrogen Group, Inc. and Giner ELX.  In a press release, the company said these acquisitions “enhance […]