Sam Adams, Twisted Tea, Truly, Angry Orchard…you may know all these different brands of beer, seltzer, and cider on their own. But did you know that they’re all owned by one company - Boston Beer? And as of this morning, Boston Beer (SAM) is trading up 16% and counting as of 11 am EST. We’ll [...]
What a week it’s been for NGM Biopharmaceuticals - and anyone currently invested in the company. Monday morning NGM stock tanked over 70% - down to $3.07 from $11.53. But today, the stock is making a big move in the other direction, covering 20% of the loss seen just 3 days ago. What happened? [...]
Netflix stock (NFLX) is a big mover this morning upon releasing its Q3 earnings report Tuesday after market hours. They blew expectations out of the water in terms of net subscriber additions - and they beat estimated EPS and revenue, too. While analysts were projecting $7.85b in revenue, Netflix produced $7.93 in the third [...]
While Snapchat is set to declare 3rd quarter earnings this Thursday, investors and analysts alike are already preparing for the worst. In fact, one analyst out of Deutsche Bank has gone on the record saying he sees very limited upside potential in SNAP stock. Benjamin Black was quoted as saying “We think near and [...]
One of this morning’s big movers during premarket hours was Splunk. The company operates in the development of cloud software solutions. The stock price was up over 8% before the market opened, and while it took a bit of a detour along the way, it’s still up almost 6% as of 11 am EST. [...]
One of this morning’s biggest movers is Nutanix. The cloud platform provider & software engineer firm is up almost 25% as of 11:30 am EST. This is all a result of speculation that the company is on the market for takeover. While this is all just that - speculation - investors have responded by [...]
Albertsons (ACI) stock has risen over 10% so far Thursday morning due to rumors that the grocery store chain could merge with one of their much bigger competitors: Kroger. And we won’t have to wait long to see how this pans out. Sources say a deal could be reached as early as tomorrow before the [...]
So far this morning, Coinbase is up over 7% as a result of their latest news. It appears the cryptocurrency wallet has struck a deal with Google. This will allow Google’s customers to pay for their cloud services through cryptocurrency starting next year. And this deal is not just about crypto and payment - [...]
FTI Consulting (ticker: FCN), based in Washington, D.C., is a pre-eminent consulting firm in the niche field of global business advisory services, It practices its trade using small client teams which makes it unique. It focuses on providing companies with assistance in managing risk, handling multiple types of disputes such as operational, regulatory, legal, [...]
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 [...]
