Five9 Announces New CEO Causing Stock to Slide, But There’s More to the Story…
Five9 announced this morning that there would be a leadership change in house - and a big one. The CEO who has steered the company for the last 5 years will be leaving to pursue a new opportunity. However, where things get interesting is that his replacement isn’t new to leading Five9. Previous CEO Mike Burkland is back at [...]
Will Biden’s Latest Cannabis Pardons Keep Pushing Canopy Growth Stock Upwards?
Thursday, President Joe Biden announced that he will be pardoning thousands of people convicted of marijuana possession under federal law. It’s worth noting that those who are being pardoned were convicted of l simple misdemeanor charges. While it may not appear that this is more than a quick win for cannabis users around the country, cannabis companies like Canopy [...]
Pinterest Stock Gets an Upgrade – Should You Buy the Surge?
Everyone’s favorite social media service for finding inspiration just got an upgrade from Goldman Sachs. One analyst there believes that the company’s stock is on the brink of a big surge. In fact, Eric Sheridan of Goldman Sachs is expecting as much as a 25% price spike in the near term. As a result, he’s moved his price target [...]
Analyst Projects 90% Gain for Boeing Stock…Here are 3 Things He’s Missing
Companies situated in the travel industry have had a rough few years now as a result of the pandemic. And it’s not just airlines that are suffering - manufacturers like Boeing are feeling the effects themselves. Since the company’s stock experienced a 62% drop back in 2020, it struggled to regain its footing. This year alone Boeing is down [...]
Twitter Stock Spikes as Musk Wants to Buy Twitter at Original Offer…What’s Your Next Move?
In the never-ending saga of Musk vs Twitter, it appears the eccentric billionaire is back with another proposal. This time? The original offer price of $54.20/share. Down below, we’ll highlight the details of what we know so far and what you should do from an investment standpoint. This deal leads to a valuation of $44 billion for Twitter. Originally, [...]
Viasat’s Deal Repositions to Compete with SpaceX – But is This Reason Enough to Buy VSAT Stock Now?
Viasat, a satellite broadband communications company for the military and commercial markets, enjoyed a 40% boost in stock price Monday morning. This spike resulted from their deal with defense contractor L3 Harris Technologies. In total, the deal is estimated to bring in over $1.8 billion after taxes, fees, and other expenses. The deal will result in Viasat selling its [...]