Your English writing platform
Discover LudwigSuggestions(1)
Exact(17)
Mr. Chenault, who has been at American Express for 19 years, faces another challenge: replicating the sixfold stock gain Mr. Golub delivered for investors.
According to a paper by Chris Veld and Yulia V. Veld-Merkoulova, a spinoff announcement results in an abnormal stock gain of about 3 percent.
The most common is the tendency to sell winners too early, cashing in a profit only to see the stock gain further (economists call this "the disposition effect").
That gives InterActive a market value of $1.94 billion and a price-to-earnings ratio of 41 -- and reduces its stock gain this year to 51percentt.
In 1999, companies in the Nasdaq composite index that reported operating losses had an average stock gain of 115percentt for the year.
Ford Motor took the second spot among winners, posting a stock gain of 44%.
Similar(43)
Its stock gained 0.1 percent, to $52.07.
Today, the stock gained 2.3percentt.
Genworth's stock gained 72 cents to $8.85.
But those stock gains would mainly be gravy.
The bank's stock gained 3 percent, or $1.06, to $33.91.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com