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 [...]
Manchester United is up 62% in the Last Week as Sale Rumors Surge – But Be Aware of These 2 Red Flags!
The Manchester United stock has experienced serious volatility in the past week - particularly since Tuesday. The stock has climbed 62% as rumors swirl about the club being sold to a new owner. While it may be tempting to buy into the hype and trade this stock, you’re going to want to see these 2 red flags VectorVest [...]
Earnings Beat Sends John Deere 7% Higher – Will This Stock Slow Down, or is it Time to Buy?
John Deere stole the show this morning as one of the only companies to report earnings. Their fiscal fourth-quarter results came in and impressed analysts and investors alike - sending shares 7% higher than they opened this morning. The farm equipment provider saw revenue of $15.54 billion, compared to estimates of $14.4 billion. Net income came in at [...]
Why Did Burlington Coat Factory Climb 20% This Morning Despite Lackluster Quarterly Earnings?
Tuesday morning Burlington Coat Factory (BURL) issued its 3rd quarter earnings report. Results for the quarter that ended October 29, 2022, were lackluster, to say the least - with a decrease in total sales, gross margin, and other key categories. And yet, shares of BURL were trading 20% higher as of 6:30 AM this Tuesday morning, but have leveled [...]