Yesterday, AT&T (T) posted 1st quarter earnings that left much to be desired. While subscriber growth was up, revenue was down - and the market reacted by sending shares down more than 10% in Thursday’s trading session. A key indicator of the telecommunication company’s well-being is postpaid phone plans - a figure representing the [...]
Tuesday morning’s trading session was a whirlwind of emotions for investors of Getty Images (GETY) after an activist shareholder made it clear that the current state of the company wasn’t cutting it. While shares initially shot 5.7% higher in premarket trading, they fell the same amount once the market opened - as they currently [...]
Last Friday (March 31st), Live Nation (LYV) CEO Michael Rapino added another $1 million in company stock to his personal portfolio. Anytime an insider trade like this occurs, people assume it’s for one of two reasons: They know something we don’t and are seeking to capitalize on an upcoming announcement, deal, or another outcome. [...]
This morning, Cardlytics Inc (CDLX) issued a press release raising its forecast for the quarter dramatically. And as a result, share prices followed suit - climbing as high as 62%! Below, we’ll help you determine if this stock is worth adding to your portfolio or if you missed the window. The company, which specializes [...]
Yesterday, shares of AMC Entertainment (AMC) jumped 20% higher after it was reported that Amazon is interested in acquiring the company. The entertainment company has been through a tumultuous few years since becoming a meme stock during the pandemic, soaring to as high as $37/share at one point. Today, the stock sits at a [...]
JPMorgan analyst Doug Anmuth recommends that clients "buy pullbacks" because Netflix is still a smart buy. His recommendation comes despite consumer complaints over Netflix's crackdown on password sharing, concerns over short-term subscription decay, and a declining stock price. Although Netflix reached a YTD peak of $369.02 per share on January 26, shares slumped nearly [...]
Rumors are circulating that Sony is in talks with Take-Two Interactive Software (TTWO) and hopes to acquire the company. Take-Two is more notably known for the companies it holds underneath it: 2K Games, Rockstar Games, and Visual Concepts. These rumors were first reported by gaming websites like GameCentral and Xfire, and many brushed them [...]
