Wayne Duggan, Benzinga.com

Wayne Duggan


Baton Rouge, LA, United States

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Recent articles by Wayne:

Dow, S&P 500 Enter Correction Territory As Coronavirus Fears Continue

A week after the S&P 500 and Dow Jones Industrial Average hit new all-time highs, the indexes plummeted another 4% and into correction territory after Goldman Sachs cut its... → Read More

Why Tesla CEO Elon Musk 'Clearly Understands The Wall Street Game'

The past six months have been a dream for Tesla Inc (NASDAQ: TSLA), with the stock generating a more than 262% gain on on two consecutive profitable ... → Read More

Here's How Much Investing $100 In Home Depot Stock Back In 2010 Would Be Worth Today

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there’s... → Read More

3 Reasons S&P 500 Record Highs Could Keep On Coming

After a huge year in 2019, the SPDR S&P 500 ETF Trust (NYSE: SPY) is already up another 4.8% so far in 2020 in less than two months. Years of record highs have pushed the... → Read More

Agnico-Eagle Mines Limited (NYSE:AEM), AngloGold Ashanti Limited (NYSE:AU)

The COVID-19 virus outbreak has certainly made investors uneasy, and the idea of a deadly global pandemic is cause for concern. One traditional safety trade for investors is to... → Read More

How Tesla Could Use Its $2B In Offering Cash: A Cybertruck Plant, China, Debt Payoff

On Friday, Tesla Inc (NASDAQ: TSLA) priced its surprise $2-billion equity offering at $767 per share, a 4.6% discount to Thursday’s closing price. Tesla will sell 2.65... → Read More

Tesla's Unexpected Capital Raise Leads To Surprising Stock Surge

Tesla Inc (NASDAQ: TSLA) shares ripped higher on Thursday after the company surprised Wall Street by announcing a $2 billion dilutive common stock offering ... → Read More

Analyst Says WWE Is Making Too Many Missteps, Issues Double Downgrade On The Stock

It’s been a brutal start to 2020 for World Wrestling Entertainment, Inc. (NYSE: WWE) investors. But even after the huge recent sell-off, yet another ... → Read More

Tesla Motors, Inc. (NASDAQ:TSLA), General Motors Company (NYSE:GM)

Tesla Inc (NASDAQ: TSLA) shares have been on fire in recent weeks, sparking a heated debate between Tesla bulls and bears as to whether the stock is a ... → Read More

Analysts Speak Up On WWE's Disappointing Earnings: Could Amazon Step Into The Ring?

World Wrestling Entertainment, Inc. (NYSE: WWE) shares stabilized a bit to close out the week after the surprise departure of two top executives, disappointing 2020 guidance and a... → Read More

Tesla Motors, Inc. (NASDAQ:TSLA)

Tesla Inc (NASDAQ: TSLA) has been on a rollercoaster ride this week. Shares dropped more than 17% on Wednesday, the stock’s second worst day in history. The sell-off came... → Read More

Here's How Much Investing $100 In The 2013 Twitter IPO Would Be Worth Today

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was ... → Read More

Nokia Corporation (NYSE:NOK), BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX)

Despite a coronavirus scare, the S&P 500 has held up relatively well do far in 2020 and is trading within a stone’s throw of all-time highs. With the market up so much... → Read More

Large Comcast Option Trader Betting On 11% Downside

Comcast Corporation (NASDAQ: CMCSA) shares are up 22.6% in the past year despite a difficult environment for traditional cable TV. However, at least one ... → Read More

SPDR S&P 500 ETF (ETF:SPY), iShares FTSE/Xinhua China 25 Index Fund ETF (ETF:FXI)

Despite a rising death toll and more than 20,000 confirmed cases of coronavirus infections in China, U.S. stocks came roaring back on Tuesday, seemingly ... → Read More

Option Trader Bets $2.5M On T-Mobile Ahead Of Earnings

T-Mobile Us Inc (NASDAQ: TMUS) shares are down 15.7% over the past year, but at least one larger option trader is betting on more upside ahead in the next several weeks. The T-... → Read More

Citron Shorts Tesla, Again: 'Even Elon Would Short The Stock Here'

Tesla Inc (NASDAQ: TSLA) has been one of the biggest market winners 2020, but Citron’s Andrew Left told Benzinga on Tuesday he’s betting Tesla ... → Read More

Here's How Large Apple Option Traders Are Positioning Following Coronavirus Outbreak

Apple Inc. (NASDAQ: AAPL) shares are are up 84.6% in the past year on optimism about the company’s growing Services segment and the potential 5G smartphone upgrade cycle.... → Read More

Here's How Short Sellers Are Playing The China Coronavirus Outbreak

Stocks have taken a big hit in the past week on Wuhan coronavirus fears, but Chinese stocks have gotten hit especially hard. Not surprisingly, short sellers have been particularly... → Read More

Fed Maintains Interest Rates In First Meeting Of 2020

In a move that was widely expected, the Federal Reserve maintained its target fed funds rate range of between 1.5% and 1.75% on Wednesday. The Fed also ... → Read More