2d illustrations and photos/iStock via Getty Images Adtech Nyiax (NYX) has filed to raise $20M through an initial public offering. Nyiax said in the filing that it plans to offer $20M of its common stock priced between $4 and $5 per share. Underwriters would be granted a 30-day option to buy up to $3M additional...
Day: June 2, 2022
Bright Green stock rebounds 20% after plunging 30% in prior session
kmatija/iStock via Getty Images Cannabis company Bright Green (BGXX) stock rebounded 20% in late morning trading Thursday after plunging 30% in the previous session. Shares of the marijuana cultivator opened at $3.44. The stock recently changed hands at $4.22, up 20%, at approximately 10:45 a.m. ET. BGXX shares tumbled on Wednesday amid no apparent news,...
Credo Technology stock jumps 19% in wake of fiscal Q4 earnings report
2d illustrations and photos/iStock via Getty Images Credo Technology (CRDO) stock shot up 19% in midday trading Wednesday in the wake of the release of its quarterly earnings report. Shares of the tech company opened at $11.50, hitting a high of $12.32 in early trading. The stock recently changed hands at $12.15, up 19%, at...
VF Corporation (VFC): Undervalued Dividend Aristocrat
The markets are back to this year’s lows, although they have bounced back during last week. Many stocks are still trading at or near their 52-week lows. When the market is down, I like to find support levels and create price alerts at those support levels for all the companies that I am interested in...
Breaking Down the Tech Sector’s Earnings Outlook
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>> Technology stocks have been at the receiving end of the ongoing market reset in response to the Fed’s tightening policy. The ‘long duration’...
Stanley Black & Decker: A Dividend King in Focus
Stanley Black & Decker, Inc. (SWK) engages in the tools and storage, industrial, and security businesses worldwide. The company raised its quarterly dividend by 12.90% to 79 cents/share in July 2021. This marked the 54th consecutive annual dividend increase for this dividend king. Stanley Black & Decker’s CEO, James M. Loree, commented, “I am pleased...
Breaking Down the Tech Sector’s Earnings Outlook
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>> Technology stocks have been at the receiving end of the ongoing market reset in response to the Fed’s tightening policy. The ‘long duration’...