Starbucks strike to expand to over 300 US stores on Christmas Eve

Image source: Wikimedia Commons

Starbucks strike to expand to over 300 US stores on Christmas Eve. 📢 A strike at Starbucks will expand to over 300 U.S. stores on Tuesday, with more than 5,000 workers expected to walk off the job before the five-day work stoppage ends later on Christmas Eve, the workers' union said. Reuters reports.

✨ HolidayLift: Wall Street's main indexes all ended higher on Monday, with both the Dow Jones Industrial Average and the Nasdaq Composite making it three straight wins, aided by gains by many of the so-called Magnificent Seven tech stocks on a holiday-thinned trading day. Reuters reports.

🔒 PrivateShift: Nordstrom is returning to its private roots after years of earnings struggles and investor indifference. Yahoo Finance reports.

⚙️ VWUncertain: Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker's cost-cutting deal with unions and likely headwinds in 2025. Reuters reports.

🚀 AITrillion: Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate sluggish iPhone sales. Reuters reports.

🔍 SearchShift: Google's proposed search result changes get thumbs up from EU airlines. Yahoo Finance reports.

💼 LexDeal: Xerox to acquire Lexmark for $1.5 Billion, enhancing its print portfolio and expanding global services, with a focus on APAC. Benzinga reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $:AVRG: Avinger
Total gain: +211.33%

2. $:BAOS: Baosheng Media Group
Total gain: +180.92%

3. $:ATNF: 180 Life Sciences
Total gain: +121.92%

4. $:TIVC: Tivic Health Systems
Total gain: +78.65%

5. $:CMND: Clearmind Medicine
Total gain: +75.4%

* Analyzing the markets with Richie Naso, a Wall Street veteran of over 40 years and former member of the NYSE.

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When Mitch Zacks invests in dividend-paying stocks, we look for high-quality companies paying dividends that they can sustain and also grow over time. Zacks sees a dividend-stock strategy as a middle ground between a fixed-income strategy and a high-growth strategy, part of a diversified approach that can serve to reduce overall portfolio volatility. In this sense, a well-constructed dividend strategy is not losing its appealing fact, it may gain more appeal in the new year.

The closing price of the top three market percent gainers trading near or above $3 on December 23.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1. $RELI: Reliance Global Group
Total gain: 163.33%
The stock appeared to be moving on no notable news.

2. $TRAW: Traws Pharma
Total gain: 142.83%
The company announced progress in developing its investigational single-dose influenza (flu) therapy, Tivoxavir Marboxil, for the treatment of H5N1 bird flu. Benzinga reports.

3. $RUM: Rumble
Total gain: 81.36%
The stock appeared to be moving on no notable news.

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

SIF: SIFCO Industries
Q4 2024
Before Market Open
Estimate: N/A
Actual: -0.330

Time (ET) / Report / Period

None scheduled

“There is no single market secret to discover, no single correct way to trade the markets.”

― Jack D. Schwager

Sourced in:
”Market Wizards: Interviews with Top Traders," published in 1989.