Tri-county stocks end week with mixed results
Tri-county public companies ended the worst week for Wall Street since 2008 with a 5 percent drop March 20, as the threat of a recession loomed larger in the wake of the coronavirus outbreak. Stocks had a mixed close, with losses among several biotech firms, including regional biotech giant Amgen. Shares fell another 5.3 percent Read More →
Tri-county stocks bounce back from coronavirus losses
Tri-county stocks regained some of the previous day’s losses with the passage of a stimulus package to counteract the economic impacts of the coronavirus crisis, ending up 4.4 percent March 19 from the start of the week. Early stage biotech stocks topped the gains, including a 36 percent jump for Arcutis Biotherapeutics and a 27 Read More →
Qualstar reports net loss despite higher revenue
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QAD income down but meets forecast
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Tri-county stocks rebound from coronavirus selloff
Stocks regained some of their footing March 17, with the announcement of trillions of dollars in potential spending by the federal government, including direct payments to individuals. Goleta software developer AppFolio led the gains in the region with an almost 30 percent pop for the day, alongside moderate gains for other software firms. It was Read More →
Tri-county stocks fall as national markets plummet
National financial markets and tri-county stocks continued to plunge March 16 in defiance of new fiscal stimulus as states imposed new restrictions over the weekend on restaurants, movie theaters and other businesses. President Donald Trump warned that the economic impact of the coronavirus epidemic could last through the summer. The S&P 500 fell 12 percent Read More →
Limoneira housing development could include health care providers
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