Saturday, November 23, 2024
Shares of GoDaddy (GDDY) are once again making a run at all-time highs after building a nice base of support throughout June. GDDY is best known for its website domain businesses, but it is also expanding into other areas that should significantly enhance its bottom line. GDDY recently announced the launch of GoDaddy Payments, a […]
Paysafe (PSFE) is a recent special purpose acquisition company (SPAC) that began trading on the New York Stock Exchange at the end of March, following its merger with Foley Trasimene Acquisition II Corporation. The company has made a mark everywhere in the gaming world, with digital wallets and eCash solutions in a sector that is […]
Byrna Technologies (BYRN) is a company that most investors might not know about and an alternative for people who simply don’t like guns to protect themselves. There are many options for purchasing CO2 air pistols versus traditional firearms and BYRN has some unique products worth mentioning. The company claims to be the best-in-class when it […]
Well-known cybersecurity company McAfee (MCFE) has been around for decades and trades on the major stock exchanges. However, new investors might not know that more than a decade ago, Intel (INTC) bought the company for $7.7 billion in a surprise deal. In September 2016, Intel decided to sell a majority stake in McAfee to private […]
Shares of VIZIO Holdings (VZIO) are trading near its March initial public offering (IPO) of $21, down from a late April peak of $28.80. The company priced just over 12 million shares at $21-$23 in its debut after the deal size was reduced from 15 million shares. In VZIO’s first day of trading, shares opened […]
Honest Company (HNST), the consumer goods brand founded by actress Jessica Alba, is a recent initial public offering (IPO). HNST began trading in early May after the company sold 25.8 million shares at $16 each, raising roughly $413 million. In its first day of action, HNST’s stock opened at $21.22, with the high hitting $23.88 […]
Shares of DraftKings (DKNG) have rebounded from recent lows reached when the company reported mixed first-quarter earnings in early May. The mid-March 52-week peak had reached $74.38 before a severe backtest towards the $40 level just two months later. The company reported a loss of $0.80 per share, versus forecasts for red ink at $0.42. […]
Shares of Kraft Heinz have more than doubled since falling below the $20 level in March of 2020, recently hitting a 52-week peak north of $44. While analysts remain tentative on shares given the huge run up, Kraft Heinz remains a solid long-term investment. The company recently reported its fourth straight earnings beat after announcing […]
Shares of Intel (INTC) are down 20% from their early-April 52-week high of $68.49, despite reporting solid first-quarter earnings in late March. The company reported a profit of $1.39 a share on revenue of $19.7 billion versus forecasts of $1.15 and $17.9 billion, respectively. While this was great news, INTC lowered current quarterly numbers to […]
Shares of Roblox (RBLX) have been in a recent downtrend and the stock could fall below its mid-March debut on continued weakness. The video game company opened at $64.50 per share on March 10 after its direct listing reference price was set at $45. Founded in 2004, Roblox is the maker of a platform that […]
