Sumo Logic Jumps 11%+ After Earnings – 2 Things You Need to See Before Trading the Stock
Shares of Sumo Logic (SUMO) are trading over 11% higher this morning after a positive 3rd quarter earnings report. The company outpaced the expectations from Wall Street analysts on both the top and bottom lines - but before you make your next move with this stock, we’ve identified 2 things you need to see. Before we unveil those, let’s unpack [...]
VanEck Gold Miners ETF (GDX) – Ready to Pop After Its 28% Jump in the Past Month
VanEck Gold Miners ETF (GDX) - Ready to Pop After Its 28% Jump in the Past Month Gold mining companies mine, explore and refine the commodity. The price of gold mining companies and ETFs, as well as the price of gold bars, have had a rough ride over the past decade, and have been in the doldrums with no [...]
Rackspace Tech Stock Sinks 77% – and Not Just Because of the Security Breach…
Rackspace (RXT) sent out a press release over the weekend warning users of a security incident in the company’s hosted exchange environment. The news has created a frenzy and sent the stock down over 10% so far in Monday morning trading. But, the potential breach at Rackspace isn’t the only reason investors may want to close out [...]
Spectrum Brands Gains 20%+ on Likely Asset Sale – Should you Buy the Hype or Wait for Confirmation?
Spectrum Brands released a statement early Friday morning expressing confidence that the sale of their HHI (hardware & home improvement) segment will go through after all. This is a story that’s been in the making since September 2021. And today, Spectrum Brands stock (SPB) is up over 22% as a result. The company has been trying to iron out [...]
Five Below Stock Gains 15% from Earnings & Outlook – Should You Follow the Trend & Buy Now?
The discount retailer Five Below (FIVE) opened Thursday morning with a nice jump after the company issues a positive earnings report with an even better outlook. So far this morning, the stock is up 15% - but should you follow the trend and buy now, or have you missed your window? You’ll find a clear answer to your next [...]
Crowdstrike Falls 20% After Earnings – Should You Buy the Dip or is The Concern for CRWD Substantiated?
One of the biggest stories Wednesday morning is Crowdstrike (CRWD), which fell 20% after news of their dismal earnings made waves among investors and analysts alike. The cybersecurity company reported revenue and profit that topped estimates, and earnings were up 135% over the previous year at 40 cents per share. So - what caused the drop, exactly? It was [...]
