Shares of Groupon Inc. GRPN dropped more than 1% in aftermarket Wednesday after the deals and coupons company said it was “facing serious challenges” to remain afloat and offered mixed quarterly results. The company also kept a going-concern warning in a filing and the mention that it continues to evaluate “several different strategies” to improve …
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Crane Co. raises guidance, posts better-than-expected Q1
Crane Co. CR stock rose nearly 5% in the extended session Wednesday after reporting better-than-expected first-quarter earnings and raising its guidance for the year. Crane earned $62 million, or $1.08 a share, in the quarter, compared with $54 million, or 93 cents a share, in the year-ago quarter. Adjusted for one-time items, Crane earned $1.25 …
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RBLX, IEP, RIVN, ABNB and more
Check out the companies making the biggest moves midday: Roblox — Shares added 7.41% after the video game company reported bookings, or revenue, of $774 million, topping the $766 million expected from analysts polled by Refinitiv. Average daily active users reached 66 million, a 22% year-over-year increase. However, Roblox reported a loss of 44 cents …
3 EV Stocks That Are Dominating Their Niche Markets
Source: Roschetzky Photography / Shutterstock.com Creating a niche in any market is not easy, but it is especially difficult to do in an established industry. There was a time when only niche customer segments or early technology adopters bought electric vehicles (EVs) but soon EV makers were introducing low-end models that were accessible to a …
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Overvalued Hyper-Growth Stocks to Avoid: 7 That are Too Risky
As interest rates continue to climb, there are plenty of overvalued hyper-growth stocks to avoid right now. This comes even as stocks, in particular growth stocks, have pulled back considerably since late 2021. Even so, despite big price declines, many high-profile names in these fast-growing areas continue to sport inflated valuations. There are two reasons these …
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Follow in Warren Buffett’s Footsteps With These 3 Dividend Stocks
Warren Buffett’s holding company, Berkshire Hathaway (NYSE:BRK.A, BRK.B), has generally provided very strong returns for the owners of its stock. For example, over the last ten years, the shares have generated a return of 197%. So buying some of the high-quality stocks that Buffett owns is certainly a worthwhile strategy, especially for those who, like Buffett, focus on buying high-quality …
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New to Trading Butterflies? Insight from 1 Month in Trading Butterflies!
Stocks moving big after hours: DIS, BYND, HOOD
Robyn Beck | Afp | Getty Images Check out the companies making headlines in extended trading. Disney — Shares fell 4.7% after the company reported mixed fiscal second quarter results. Earnings came in line with estimates, while revenue slightly beat analysts’ estimates, according to Refinitiv data. While the company said its losses from its streaming …
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These 3 Dividend Stocks Could Provide Steady Income for Decades
Source: ShutterstockProfessional / Shutterstock.com I don’t think it’s any surprise that dividend stocks and safety stocks continue to perform well, given the uncertain environment. If we look outside of the year-to-date and one-year performances, we can focus on dividend stocks for steady income rather than purely on performance. These are dividend stocks with consistent payouts …
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Think Twice Before Investing in QuantumScape Stock. Here’s Why.
Source: Michael Vi / Shutterstock.com The story of QuantumScape (NYSE:QS) stock illustrates the problem of investing in science or engineering, and in any “pre-revenue” company. My son is now a scientist. It’s a difficult business. He comes home frustrated many evenings. Things don’t always work. Failure is most definitely an option. Engineering to scale scientific …
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