by Jamie Johnson | Sep 26, 2019 | Markets
The company’s shares soared after a positive earnings report. This week, Nike released its fiscal first-quarter earnings report and the results beat analyst expectations. By midday, the company’s shares rose more than 6% to reach a new 52-week high of $92.79. Nike’s...
by Jamie Johnson | Sep 25, 2019 | Markets
Devin Wenig steps down after serving as CEO of eBay for five years. On Wednesday, shares of eBay were hit after the company announced that CEO Devin Wenig is stepping down. The company’s stock fell nearly 2% after the announcement. Here is an overview of the...
by Jamie Johnson | Sep 24, 2019 | Markets
The company has traded above its $27 IPO price since going public. Last Thursday, the cloud software service Datadog went public at $27 per share. The company first filed to go public in late August with an initial price range of $19 to $22. Company leaders later...
by Jamie Johnson | Sep 23, 2019 | Markets
Chewy experienced substantial losses during the second quarter but its growth remains strong. Last week, Chewy released its second-quarter earnings report and the results were underwhelming. The company experienced heavy losses during the second quarter and the...
by Jamie Johnson | Sep 20, 2019 | Markets
A Bernstein analyst believes Netflix shares will hit bottom at $230 per share. Shares of Netflix have continued their steady descent over the past couple of months. Investor confidence was shaken after Netflix released a disappointing earnings report in July. The...
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