Roblox (RBLX) shares fell by over 20 percent in early trading Thursday after the gaming giant decreased its annual bookings forecast on the same day. CWEB analysts note that this results from low spending as the economic outlook remains...
On Thursday, May 9, 2024, Raymond Liu of HSBC set a new price target for Airbnb (NASDAQ:ABNB) at $156, slightly above its trading price at the time, which was $147.655. This adjustment came with a downgrade in their rating...
On Friday, May 10, 2024, Clene Inc. (CLNN:NASDAQ), a late clinical-stage biopharmaceutical company, is set to unveil its quarterly earnings before the market opens. Analysts on Wall Street are predicting an earnings per share (EPS) of -$0.09 for the...
On Thursday, May 9, 2024, Roblox Corporation (RBLX) unveiled its earnings before the market opened, presenting a mixed bag of results that caught the attention of investors and analysts alike. The company reported an earnings per share (EPS) of...
On May 9, 2024, Craig-Hallum downgraded its rating on EMKR (Emcore) to "Hold" from the previous "Buy" grade, reflecting a shift in their perspective towards the stock. This decision came at a time when EMKR was trading at $1.41,...
On Thursday, May 9, 2024, Todd Coupland of CIBC set a significant price target for Shopify Inc. (SHOP:NYSE), suggesting that the stock could see a substantial increase to $85, which would be a 36.61% jump from its current price...
Mullen Automotive, Inc. (NASDAQ: MULN), an emerging electric vehicle (EV) manufacturer, has recently been granted Foreign Trade Zone (FTZ) status for its manufacturing and assembly center in Tunica, Mississippi, by the U.S. Department of Commerce. This significant development is...
On Thursday, May 9, 2024, Arhaus, Inc. (ARHS) reported an earnings per share (EPS) of $0.1074, surpassing the estimated EPS of $0.02 by a significant margin. This performance not only exceeded analysts' expectations but also marked a continuation of...
On Thursday, May 9, 2024, CIBC updated its grade for Shopify (SHOP:NYSE) to Outperform, maintaining a hold action. This assessment came as Shopify's stock was trading at $62.22. CIBC's reiteration of the Outperform grade suggests they see the recent...
Keith Bachman of BMO Capital recently updated the price target for HubSpot (HUBS:NYSE) to $635, a notable adjustment from the previous target of $710. This new target was set on Thursday, May 9, 2024, when HUBS was trading at...