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Description:Markets Commentaries GAAP Items And Adjusted Earnings - Sometimes a Strange Tale Value Line Research Department 02242020 It is axiomatic that a company’s stock’s price is the present value

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Sign in Straight-forward, unbiased research. Smart investors choose Value Line Finding the most valuable investments for you is what we do. Free trial Institutional Now more than ever Professionals and Libraries rely on Value Line. Visit valuelinepro.com today. Free trial Expand Dashboard Browse Research Markets Find Ideas Investment Education Subscribe Institutional Featured Commentaries Market Daily Updates Stock Market Today: December 11, 2020 Harvey S. Katz, CFA | 12/11/2020 After the stock market closed yesterday, Pfizer (PFE) received an endorsement from the FDA vaccine advisory committee, as that body recommended that the company's COVID-19 vaccine be distributed to the American public. The vote was 17-4. This action had been expected. Still, the stock rose modestly in price last evening. Read more Market Daily Updates Stock Market Today: December 10, 2020 Harvey S. Katz, CFA | 12/10/2020 The equity market struggled yesterday, as rising number of COVID patients and deaths offset the enthusiasm surrounding the vaccine. In all, the Dow ended matters off by 105 points, while the S&P 500 descended 29 points. It was the NASDAQ, though, that would suffer the biggest hit, falling 244 points on the slide in tech. In the after-market hours, the early read on the futures was nominally positive last evening, but sentiment has shifted and the market is poised to open lower. Read more Market Daily Updates Stock Market Today: December 9, 2020 Harvey S. Katz, CFA | 12/09/2020 A volatile stock market, which opened the trading week on a mixed note on Monday, started yesterday's session to the downside following an underwhelming performance off shore in the overnight hours. But that sojourn was brief, and within an hour, or so, the Dow Jones Industrial Average was tiptoeing back into the plus column where it would stay for the rest of the trading day, gradually gaining traction. In all, by mid-afternoon the blue chips were up by some 175 points. Read more Market Daily Updates Stock Market Today: December 8, 2020 Adam Rosner | 12/08/2020 The U.S. stock market turned in a mixed performance yesterday, as investor sentiment became a bit more cautious. And looking to the day ahead, the futures are indicating a soft opening. Concerns about the rising number of coronavirus cases, the vaccine, and potential stimulus funding (being debated in Washington, D.C.) may influence the market in the near term. Read more Market Daily Updates Stock Market Today: December 7, 2020 William G. Ferguson | 12/07/2020 The first full trading week of December is set to begin with all three of the major U.S. equity indexes at record levels. The Dow Jones Industrial Average, the NASDAQ Composite, and the broader S&P 500 Index added 249, 87, and 32 points, respectively, on Friday, with investors brushing off an uninspiring report on jobs creation (see below). The market, like it was for much of November, was emboldened by hopes that a coronavirus vaccine is close to moving to the distribution phase, with Pfizer (PFE) saying that its vaccine with Europe-based BioTech will be available for partial distribution by month’s end. Read more View all featured commentaries » Value Line About Value Line Investor Relations eNewsletters Help Mobile Institutional Services Home Professional Solutions Library Services Free Trial Sign Up Contact Institutional Services Legal Terms & Conditions Privacy Policy Copyright & Trademark Connect with us LinkedIn Facebook Twitter Google+ RSS Contact Your opinion matters to us. Share your feedback. Contact © 2020 Value Line, Inc. All Rights Reserved...

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