$186.35  $2.87 
$137.59  $0.24 
$2,151.82  $5.44 
$663.90  $45.52 
$2,186.26  $28.65 

Monday Morning Kickoff, by 24/7 Market News

Monday Morning Kickoff, by 24/7 Market News

DENVER, Colo., November 18, 2019- (24/7MarketNews via COMTEX) National and Venture Market News for November 18, 2019.

Market Trend

The Dow, Nasdaq, and the S&P 500, posted new highs on Friday may continue, as the market futures have been mostly showing green in this morning’s premarket activity.

Mike Sievert, T-Mobile’s  (NASDAQ:TMUS) US President and Chief Operating Officer, will replace John Legere, as CEO, on May 1, 2020, after Legere’s contract expires on April 30, 2020. Legere will remain a member of the board.

Legere is rumored to be in the running to lead WeWork, or We’reLayingOff, which is, according to the New York Times, planning on cutting 4,000-6,000 jobs.

Saudi Aramco (ARMCO) is setting its IPO valuation in $1.6 trillion to $1.7 trillion range, according to a company statement over the weekend.

Kraig Labs’ scale-up of its first-of-its-kind superfiber production program on target

Kraig Biocraft Laboratories’ (OTCQB: KBLB), the leading developer of spider silk based fibers, scale-up of its first-of-its-kind superfiber production program is going as planned, as the Company announced today that it completed the first cycle of silk moth mating and egg production scale-up, at its Quang Nam, Vietnam factory.

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24/7 Market News (24/7MN) is a third party publisher and news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7MN’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.

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