31.00 +1.00 (3.33%)
Pre-Market: 8:07AM EST
|Bid||31.00 x 900|
|Ask||30.06 x 900|
|Day's Range||28.70 - 31.85|
|52 Week Range||17.11 - 44.25|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
As the gig economy is expected to double in value over the next several years, it is important for investors to keep an eye on some promising investment opportunities within this space Continue reading...
WESCO International (WCC) signs a definite agreement to acquire Anixter International in a bid to further bolster its presence in the electronics industry.
Maxim Integrated Products (MXIM) recently unveils a new power-management integrated circuit (PMIC), namely MAX16923, in a bid to expand its share in the automotive market.
MercadoLibre (MELI) is currently plagued with rising expenses, which makes it an unsuitable investment pick. Instead investors can consider these three e-commerce stocks with strong fundamentals.
Semtech's (SMTC) LoRa devices technology has been deployed by Seol's government to help in the development of smart city Internet of Things (IoT) infrastructure.
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
Amazon (AMZN) signs a six-year deal with Sun Country. The latter is set to operate 10 Boeing 737 freighters to transport packages for Amazon, as part of the deal.
(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 firstname.lastname@example.orgTo contact the editors responsible for this story: Brad Olesen at email@example.com, Scott SchnipperFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]