Three local stocks see big moves
Shares of three Louisville companies moved sharply Monday, with Apellis Pharmaceuticals gaining 7.25%, manufacturer Sypris Solutions rising 6.25% and tobacco products company Turning Point Brands plunging 10.7%. The S&P 500 was up 0.07%, while the Nasdaq gained 0.71%. Apellis’ shares on Monday closed at...
Local stocks in May performed poorly
Don’t be shocked if you haven’t looked at your retirement account balance lately. In all likelihood, it will have taken a beating in May — much like local stocks. How bad was the month? Here’s an indication: The value of Louisville’s two biggest companies,...
Humana, Yum shares fall in early trading on Q1 reports; Turning Point Brands’ spike
Investors reacted poorly Wednesday morning to earnings reports from Louisville-based Humana and Yum Brands, with Humana shares falling more than $13, or more than 5%, in early trading — though they quickly recovered almost all of the decline. And an earnings report by Louisville-based...
FDA chief questions e-cigarettes’ public health value; TPB shares fall 5%
Shares of the Louisville-based tobacco products company Turning Point Brands fell 5 percent Wednesday morning after the FDA chief questioned whether e-cigarettes had any redeeming public health value. TPB shares traded at $43.06 shortly before 1 p.m., down 5 percent from Tuesday’s close. Shares...
Turning Point Brand shares spike on Q4 report
Shares of Louisville-based Turning Point Brands spiked 15 percent Tuesday morning after the company reported record net sales and record gross profit in the fourth quarter. Sales, at $94.3 million, were up 28.2 percent from the fourth quarter of last year, while gross profit,...
Monday Business Briefing: Strong start to 2019 in stocks; report hints that Papa John’s may just sell stake; SDF’s record year; and more
Welcome to the Feb. 4 Monday Business Briefing, your weekly business intelligence digest from Insider Louisville. Markets, most local stocks post gains in January Shares of manufacturer Sypris Solutions and tobacco products company Turning Point Brands soared by more than 30 percent in January,...
Monday Business Briefing: Lexington pizzeria coming; council to vote on Topgolf hearing; CafePress deal done; Yelp Art in Action; and more
Welcome to the Nov. 12 Monday Business Briefing, your weekly business intelligence digest from Insider Louisville.
Shares of Louisville-based Turning Point Brands fall on FDA fears
Turning Point Brands fell 3.4 percent Friday morning after The Washington Post reported that the FDA plans to “impose severe restrictions” on sales of e-cigarette products.
The Closing Bell: Turning Point Brands earnings precipitate stock decline; affordable apartments resident-ready; new gym caters to women only; and more
Welcome to The Closing Bell. This is your last stop for biz scoops and big news before the weekend — a roundup of stories that can’t wait till Monday.
Monday Business Briefing: A terrible week for local stocks; Waterfront Park authority to test donation boxes; appliance prices rising; and more
Welcome to the Oct. 29 Monday Business Briefing, your weekly business intelligence digest from Insider Louisville. Local stocks tumbled amid concerns about future earnings With the exception of Ford and Texas Roadhouse, all stocks of local importance fell last week — some sharply — as...
Turning Point BrandsAugust 20, 2019
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