August 2, 2021
“What happened: Shares of the world’s large produce company slid by over 9% on Friday after debuting on the New York Stock Exchange. Dole (NYSE: DOLE) opened for trading at $15, at an implied market value of approximately $1.5 billion, which was below the… Continue Reading…
August 2, 2021
“General Electric just increased its stock price by more than $90 a share. GE stock (ticker: GE) will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening. At the… Continue Reading…
July 28, 2021
“…Generac Earnings Estimates: FactSet consensus was for Generac earnings per share of $2.31, 65% above the year-ago quarter, with sales up 59% to $867 million. Results: Generac earnings per share leapt 71% to $2.39 a share. Revenue climbed 68% to… Continue Reading…
July 26, 2021
“Used car prices averaged $25,410 during the second quarter of 2021, up from $20,942 a year ago, according to automotive resource site Edmunds. That’s a 21% jump. Because of the global microchip shortage, manufacturers are unable to produce enough new cars to… Continue Reading…
July 23, 2021
“J.P. Morgan analyst Jose Asumendi is the latest Street analyst to recommend caution. Wednesday, he launched coverage of QuantumScape (ticker: QS) with a Hold rating on its stock and a $35 price target. It’s a lukewarm rating. Still, QuantumScape stock is having a fine… Continue Reading…
July 23, 2021
“Shares of Indian food delivery start-up Zomato jumped as high as 82% during its market debut on Friday. The initial public offering price was set at 76 rupees a share and the stock opened 52.63% higher at 116 rupees on… Continue Reading…
July 23, 2021
“Snap’s stock jumped after the company reported Thursday its second-quarter earnings, beating expectations across the board for earnings, revenue and user growth. Here’s what Snap reported versus Wall Street’s estimates: Adjusted earnings per share: 10 cents vs. 1 cent loss forecast by… Continue Reading…
July 23, 2021
“hares of Boston Beer tumbled 21% in premarket trading Friday after disappointing demand for hard seltzer dragged down the company’s quarterly earnings and revenue. The Sam Adams brewer reported earnings of $4.75 per share on net sales of $603 million. Analysts surveyed… Continue Reading…
July 19, 2021
“Ambrx Biopharma (AMAM)… This new biopharma stock has a Strong Buy rating from the analyst consensus, based on 3 positive reviews so far. The shares are priced at $19.56 and their $39.50 average target suggests room for an upside of 101%… Continue Reading…
July 13, 2021
“A Bonanza Of Profit Is Coming Analysts see 1,000% or more profit growth from these S&P 500 companies in the second quarter Company Ticker Q2 EPS % Ch. Primary Sector Composite Rating % stock YTD ch. Zimmer Biomet (ZBH) 3,620.0%… Continue Reading…
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