Alabama Business News
The bottom continues to drop out for Enviva as it plummeted 18.1% to highlight our Mobile and Alabama Stock Report on Monday.
The fall put the company at a 52-week low of $4.74 a share. The wood pellet manufacturer partially exports out of the Port of Mobile and has a major facility coming soon to Epes in Sumter County. Meanwhile, stocks of military contractors jumped on rising tensions as Israel and Hamas waged war. Lockheed Martin was the personification of that, rising 8.9%.Overall, oil prices climbed Monday on worries about violence in the Middle East. The stock market was less fearful, though, and flipped from early losses to gains.
The S&P 500 rose 27.16, or 0.6%, following some potentially encouraging news on interest rates, which have been dragging Wall Street mainly lower since the summer. If you purchase a product or register for an account through a link on our site, we may receive compensation.and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media and other third-party partners in accordance with our
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Five from Mobile: Local stories you might have missed last weekThe latest news from Mobile Alabama and the surrounding area on AL.com
Read more »
Birmingham’s Sanders Capital Partners acquires $8.4 million Arizona drug rehab facilityAlabama Business News
Read more »
Now you can wear a tub of Blue Bell Ice Cream around your neckAlabama Business News
Read more »
Former Bitter Basketball Rival Wants to Renew SeriesMusselman may have no choice if ex-Alabama star forces game in Bahamas
Read more »
Winter weather gear featuring Alabama logo availableGet your Alabama gear for the cooler weather.
Read more »