|Bid||6.68 x 800|
|Ask||9.52 x 800|
|Day's Range||7.84 - 8.27|
|52 Week Range||1.38 - 8.96|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
Zscaler, Nesco Holdings, Elastic N.V., Everi Holdings and Silicon Motion Technology are five of the top stock gainers for Thursday.
Tiny Nesco Holdings (NYSE:NSCO) stock got a lot bigger Thursday morning, after the rental fleet operator (which rents out bucket trucks, cranes, and similar specialized vehicles to electric utilities and other companies that use them for infrastructure repairs) announced what it called a "transformative transaction" involving both a large equity investment and an even larger acquisition. As the company advised this morning, private equity firm Platinum Equity is investing $850 million to acquire a majority interest in Nesco, buying newly issued shares at $5 each. Other, existing Nesco private equity investors will put a further $100 million into the company -- also by buying newly issued stock at $5.