|Bid||74.65 x 900|
|Ask||74.65 x 900|
|Day's Range||74.02 - 76.26|
|52 Week Range||45.00 - 239.71|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||109.54|
Beyond Meat will begin selling its plant-based burgers at some Costco stores across the nation. Yahoo Finance's Heidi Chung joins Seana Smith on The Ticker to discuss.
IPOs have had both highs and lows and no shows during 2019. RapidRatings CEO James Gellert talks with The Final Round about the Saudi Aramco IPO and some of the pushbacks in the IPO market.
Target is the Yahoo Finance Company of the Year for 2019. We talk with Target's executive team and experts on how the retailer made it happen in 2019 and what's in store for 2020.
(Bloomberg) -- Fiverr International Ltd.’s initial zing has almost entirely faded since its June IPO, with the stock falling for six straight days to below its IPO price as insiders’ and early investors’ first chance to sell looms on Tuesday.The biggest stakeholders include Viola Private Equity’s Jonathan Kolber, Deer VII & Co., Accel London III Associates, Square Peg Group, and co-founder and chief executive officer Micha Kaufman, according to data compiled by Bloomberg. But post-IPO stock weakness, with shares off the June high of $44 by more than 52%, make it less likely shareholders will walk away.Fiverr chief Kaufman was unavailable to respond to queries.The operator of an online marketplace for software services had the fourth-best debut of this year’s 239 IPOs, rising a whopping 90% from offer to its first close. That ranks just behind Beyond Meat Inc., Adaptive Biotechnologies Corp., and Cortexyme Inc., each of which has done better hanging on to initial gains. Underwriters on the Fiverr IPO were JPMorgan, Citi, BofA, UBS, Oppenheimer, Needham, and JMP Securities.Analysts appear split, with four buy, three hold and no sell ratings on the stock, according to data compiled by Bloomberg. But with price targets ranging from $22 to $34, they seem to agree that debut highs are unlikely to be seen again anytime soon. To contact the reporter on this story: Crystal Kim in New York at email@example.comTo contact the editors responsible for this story: Brad Olesen at firstname.lastname@example.org, Scott SchnipperFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Sheetz, a chain of restaurants and convenience stores across the mid-Atlantic, announced a partnership with Beyond Meat Inc. on Monday that will make the plant-based burgers available at all 597 store locations. The Sheetz Beyond Burger can be customized with seven cheese choices, seven bread choices, 20 toppings and 13 spreads, and starts at $6.99. Beyond Meat stock has tumbled 49% over the last three months while the S&P 500 index is up 5.6% for the period.
United Natural (UNFI) inks deals to sell 13 of its 43 Shoppers Food & Pharmacy stores to three distinct grocery operators. Also, the company will cease four Shoppers stores.
This year has been riddled with U.S.-China trade war rumors, impeachment talk and all sorts of notable initial public offerings. But 2019 has also been a year that saw the S&P 500 repeatedly hit all-time highs. Going into what many have predicted will be a strong 2020, what should smart investors be taking away from the last 12 months? In this episode of "Moneyline" with Matt McCall, he has the perfect packing instructions. Grab your suitcases (or your portfolios) and listen up.The big indexes, especially the record-setting S&P 500, have certainly been in focus lately. But there's one McCall thinks deserves a bit more attention. The Russell 2000, home to a collection of small-cap stocks, rallied just before Thanksgiving to reset a 52-week high. What does this mean?For investors, an easy way to track this index is through the iShares Russell 2000 ETF (NYSEARCA:IWM).InvestorPlace - Stock Market News, Stock Advice & Trading TipsAfter several months, the IWM exchange-traded fund crossed resistance at $160, and now it appears poised for a 2020 breakout. Using history as his guide, McCall says it's looking likely that the coming year will be a good one for the market, and for small-cap stocks overall. Since the creation of the Russell 2000, almost every time such a breakout has occurred, the following 12 months have brought impressive rallies. McCall's PodcastSo, investors should be gearing up to watch small-cap stocks after the ball drops. But those aren't the only names worth watching in the market. So far, 2019 has brought almost 350 IPO stocks to the New York Stock Exchange and the Nasdaq. Can you name more than 10?Big IPO names definitely drew attention this year, but not all for the right reasons. Uber (NYSE:UBER), Lyft (NASDAQ:LYFT) and Beyond Meat (NASDAQ:BYND) have largely disappointed. Plus, poor WeWork didn't even make it to its big day. * 7 Hot Stocks for 2020's Big Trends Just as with any group of stocks, IPO stocks did offer a few diamonds in the rough. One, a competitor to Splunk (NASDAQ:SPLK), went public in August 2019. This company, Dynatrace (NYSE:DT), looks perfect to McCall based on the pattern it has forming on the chart. Unlike novice investors, he looks for what he dubs the "J-curve." After a post-IPO rally, these new public companies often drop, sometimes below their opening price. This is exactly what DT stock did. Now, though, it's breaking out again, signifying that it's completing the "J."At this point, Dynatrace stock looks rather interesting to McCall, but he's not making a "buy" call yet. DT specializes in application performance monitoring, incorporating the cloud and artificial intelligence. It certainly has huge potential in 2020.Keep your eyes on these small-cap and IPO stocks headed into the new year. And don't forget to tune in to "Moneyline" with Matt McCall for more market insight and his analysis on this past decade's highest-returning names. Your financial freedom could be just around the corner.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Hot Stocks for 2020's Big Trends * 7 Lumbering Large-Cap Stocks to Avoid * 5 ETFs for Oodles of Monthly Dividends The post Small-Cap Stocks Are Ready for a Strong 2020 appeared first on InvestorPlace.
(Bloomberg) -- Philippine food maker Monde Nissin Corp. is weighing options including a potential minority stake sale for Quorn Foods, a British producer of meat substitutes, people with knowledge of the matter said.Monde Nissin, which makes the best-selling “Lucky Me!” instant noodles in the Philippines, is working with an adviser to look for an equity investor in Quorn, said the people. The firm could sell at least 20% in Quorn to an investor that would help expand the business, said the people, who asked not to be identified as the discussions are private.The Makati-based company acquired Quorn for 550 million pounds ($722 million) in 2015, according to the company’s website. Quorn started making meat-free products including burgers with mycoprotein before the faux meat boom that took off in recent years.Middle-class consumers are becoming more health-conscious, switching to products made of plant-based proteins by companies such as Beyond Meat Inc. and Impossible Foods Inc. Shares of Beyond Meat have fallen nearly 70% from their peak this year, but still have almost tripled since its debut in May, riding on the demand for vegan food.Deliberations are at an early stage and they may not lead to a transaction, the people said. A representative for Monde Nissin declined to comment.Monde Nissin also counts biscuits among its main products and exports to more than 30 countries, according to its website.(Updates to add more information about Monde Nissin in final paragraph.)\--With assistance from Cecilia Yap.To contact the reporters on this story: Vinicy Chan in Hong Kong at email@example.com;Elffie Chew in Kuala Lumpur at firstname.lastname@example.orgTo contact the editors responsible for this story: Fion Li at email@example.com, Jeff SutherlandFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Kroger's (KR) third-quarter sales fell short of the Zacks Consensus Estimate. This was the second straight quarter of sales miss. Nonetheless, management forecast identical sales growth of 2-2.25% for fiscal 2019.
John Wiley & Sons' (JW.A) second-quarter fiscal 2020 results reflect strength in Research Publishing & Platforms and Education Services segments. However, a decline in book publishing is a concern.
Campbell Soup (CPB) earnings increase in the first quarter of fiscal 2020 on the back of higher adjusted EBIT and reduced interest expenses. However, sales were soft due to the Meals & Beverages segment.
Beyond Meat shares fell nearly 4% during Tuesday's session to retest support after Oppenheimer initiated coverage at Market Perform.
STOCKSTOWATCHTODAY BLOG Three numbers to start your day: Americans Spent 16% More This Holiday Shopping Season —than last year. It counts the five-day period from Thanksgiving to Cyber Monday. Almost 190 million shoppers took advantage of the heavy discounts being offered during that time, according to data from the National Retail Federation.
Oppenheimer’s Rupesh Parikh likes the Beyond Meat Brand but can’t get over the stock’s high valuation. That mirrors the majority of Wall Street opinion.
Plant-based food maker Beyond Meat Inc (NASDAQ: BYND ) boasts a favorable brand backed by a strong product assortment, but growing competition and valuation concerns should keep investors on the sidelines, ...
President Donald Trump suggested a trade deal with China may not come until after the 2020 election, and threatened to impose tariffs on France.
Buying the right stocks at the right time is key to investing. Check out Microsoft, Disney, Costco, Adobe and Pan American Silver.
Tyson Foods (TSN) is focused on enhancing portfolio to cater to the rising demand for protein-packed products. Also, its Financial Fitness Program bodes well.