Business

Should You Add Pitney Bowers Inc, Lufax Holding Ltd, Globalstar, Inc Stocks For Handsome Gains: Caution On Petroleo Brasileiro Stock

Pitney Bowes Inc (NYSE: PBI) stock trades at $9.43 

Pitney Bowes Inc (NYSE: PBI) stock closed at $9.43 (up 14.86%) on July 9, 2021. The stock also gained 9.31% in the past week. The stock has a market capitalization of $1.65 billion and its 52-week range is $2.31-$15.50.

Lufax Holding Ltd (NYSE: LU) stock inched higher and trades at $9.55

Lufax Holding Ltd (NYSE: LU) stock moved higher 6.11% and closed at $9.55 on July 9, 2021. The stock pared 14.88% in the past week. The stock has a market capitalization of $1.65 billion and its 52-week range is $2.31-$15.50.

Petroleo Brasileiro (NYSE: PBR) stock closed at $10.89

Petroleo Brasileiro (NYSE: PBR) stock surged 1.02% and closed at $10.89. However, it lost 8.18% in the past week. Support for this stock is at $9.35.  The stock has a market capitalization of $69.15 billion and its 52-week range is $6.15-$12.38.

Petroleo stock plummeted after it appointed an Army general as CEO. Investors feel that such leaders acquiesce to the government’s demands to provide cheap fuel to the public. 

Globalstar, Inc (NYSEAMERICAN: GSAT) stock closed at $1.70

Globalstar, Inc (NYSEAMERICAN: GSAT) stock surged by 8.28% and settled at $1.70 on July 9, 2021. The stock added 30.77% in the past month. Globalstar expects to benefit from small satellite penetration in the market. It will provide communication services to wireless and fixed telecommunication operators, media firms, data networking providers, and internet service providers. The stock has a market capitalization of $3.21 billion and its 52-week range is $0.29-$2.98.

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