Articles by Daniel Marsh
WELL Health Rises After Acquiring Canadian Clinics at Attractive Multiple
WELL Health Technologies shares rose 3.1% after buying two Canadian clinics at a price lower than its own public valuation.
Enbridge Shares Slip Amid Thin Holiday Trading, Underperform TSX
Enbridge stock edged down 0.03% in light trading on Friday, lagging the TSX's 0.9% gain. The energy giant's shares fell 3.87% over five sessions.
Canadian Natural Resources Trails TSX as Buyback Efficiency Improves
Canadian Natural Resources (CNQ) gained 0.8% to C$56.67, underperforming the TSX, as its discounted share price boosts buyback efficiency.
Dow Hits 52,900 Record, Nasdaq Slips as Chip Stocks Weaken Ahead of Fed
The Dow closed at a record 52,900.07, up 594.83 points, while the Nasdaq fell 0.80% as chip stocks tumbled. Markets await Fed minutes and earnings from Delta and PepsiCo.
Dow Jones Sets Record High as Nasdaq Slides on Chip Weakness Ahead of Fed Minutes
The Dow Jones Industrial Average closed at a new all-time high on Thursday, while the Nasdaq declined amid a selloff in semiconductor stocks. Markets are now focused on the upcoming Fed minutes.
Shopify's Buyback Program Takes Center Stage as July Begins
Shopify shares gained 2.2% in a holiday-shortened week, with the company's $3.55 billion buyback program drawing investor attention. The stock ended Thursday at $119.46.
Super Micro Stock Tumbles as AI Orders Face Scrutiny
SMCI stock dropped 11.1% in a holiday week, with its market cap at $18.84 billion—less than half of the $39 billion in AI server orders announced in June.
Air Canada Stock Nears 52-Week High Amid CEO Speculation and Low Volume
Air Canada shares traded near a 52-week high on low volume, as a report names a potential CEO successor. The stock sits above the average analyst target.
HydroGraph Shares Plunge as $1.48B Valuation Dwarfs Tiny Revenue
HydroGraph Clean Power shares fell 12.2% on Friday, with a C$1.48 billion market cap versus trailing sales of about US$90,800, highlighting an extreme valuation gap.
RBC Shares Outpace Analyst Targets as ETF Weight Amplifies Moves
Royal Bank of Canada shares continue to trade near record levels, outpacing analyst price targets, as the bank's significant weighting in major ETFs magnifies its market influence.
GFL Environmental Surges in Toronto on Take-Private Speculation
GFL Environmental shares rose sharply in Toronto trading following reports of a possible take-private deal, while US markets were closed for the holiday.