Early this morning Target (TGT) reported second-quarter earnings that beat expectations while revenue fell just short of analyst estimates. But, the key takeaway from the call was that the company was reevaluating its full-year guidance, walking back its previous forecast. In fact, the company is expecting sales to decline by mid-single digits for the [...]
Word broke on Monday morning that the Metals Company (TMC) has been approved to raise gross proceeds of as little as $27 million or up to $38 million through a registered direct offering. The company specializes in deep-sea floor mining, pulling low-impact battery metals from seafloor polymetallic nodules. And after struggling to retain its [...]
by Leslie N. Masonson, MBA Stealthgas Inc. (GASS), is a Nasdaq-listed firm incorporated in 2004 with headquarters in Athens, Greece. The company provides global seaborne transportation services to LPG producers and users, as well as ships natural gas and crude oil. The company maintains a fleet of 36 LPG ships with a capacity of [...]
Shares of U.S. Steel (X) have skyrocketed more than 30% so far in Monday morning’s trading session. The company just turned down a whopping $7.3 billion offer to acquire the company from Cleveland-Cliffs. This deal would have had incredible implications for the steel industry as a whole - but for now, it’s business as [...]
Toast (TOST) released second-quarter earnings earlier this week in Tuesday’s after-hours trading session. Shares climbed more than 20% on the news before settling off a bit lower - but in Friday morning’s session, the stock picked back up and has gained more than 4% so far. The company creates technology for the restaurant industry, [...]
It’s been a tumultuous 48 hours for WeWork (WE), as the co-working space provider has seen shares drop more than 45% in Wednesday’s trading session before recovering almost 38% so far in today’s (Thursday) trading session. This was all put into motion after the company put out a warning to investors on Tuesday that [...]
Beyond Meat (BYND) has had a brutal start to the week as the stock has slid almost 19% over the past few days. This came on the heels of a dismal earnings day in which the company missed revenue expectations, cut its full-year forecast, and walked back its goal of seeing positive cash flow [...]
by Leslie N. Masonson, MBA Delta Air Lines, Inc. (DAL), is a NYSE-listed firm founded in 1928 with headquarters in Atlanta. As one of the world’s largest airlines, it offers over 300 destinations with a workforce of 95,000, revenues of $51 billion, and a market cap of $28.7 billion. The firm provides global airline [...]
Shares of Datadog Inc. (DDOG) have fallen more than 18% in Tuesday morning’s trading session so far. The company delivered quarterly earnings that topped the analyst outlook for the quarter that just ended - that’s not the issue. The problem is in the forecast for the current quarter and the remainder of the year [...]
Friday’s trading session was a frenzy for investors of US Cellular (USM), as the stock jumped more than 93% - from around $17/share to more than $33/share. That being said, it appears the hype has died down over the weekend. The stock is gradually headed back toward earth, down 4.5% so far this morning. [...]
