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 [...]
Roku Downgraded on Revenue Concerns
Roku stock has had a rough year on the stock market, sitting 76% lower than this time last year. And, it appears things could be getting worse as one analyst who has been high on Roku stock finally downgraded the company. This sent shares 5% lower early Tuesday morning during pre-market trading, but they quickly recovered. However, we’ve identified [...]
Lyft Gets Downgraded After Earnings Report…is Now the Time to Sell – or is There Any Hope Left?
Lyft stock got a downgrade after reporting third-quarter earnings - despite an impressive, record-breaking performance. The stock hasn’t moved too much as a result of all this news. Nevertheless, investors are wondering if the time is up for the ridesharing company - or if there is still reason to hold onto hope. We’ve got the answer you’ve been searching [...]
