Cardlytics Forecast Shoots Higher and Share Prices Follow Suit…Should You Buy This Rising Stock?
This morning, Cardlytics Inc (CDLX) issued a press release raising its forecast for the quarter dramatically. And as a result, share prices followed suit - climbing as high as 62%! Below, we’ll help you determine if this stock is worth adding to your portfolio or if you missed the window. The company, which specializes in digital advertising, issued a [...]
Insight Enterprises Hits 10-year High
Insight Enterprises, Inc. (NSIT:Nasdaq), headquartered in Chandler, AZ is a Fortune-ranked, #360, a company that is a solutions integrator with almost 13,500 employees worldwide engaged in 19 countries helping organizations (e.g., schools, enterprises, governments, and healthcare firms) accelerate their digital journey to modernize their business and maximize the value of technology. The company was founded in 1988 with a [...]
Is it Time to Cut Nikola Losses Ahead of Secondary Stock Offering? 3 Red Flags for Investors
Nikola (NKLA), the electric truck manufacturer that has lost 96% of the value it had at IPO, appears to be poised to fall even lower. The company issued a press release expressing interest in a secondary stock offering to raise another $100 million. It’s also likely that the company will offer a private sale of stock if it's unable [...]
Kohl’s Climbs After New CEO Puts His Money Where His Mouth is, Buying $2m in Stock: Should You Follow Suit?
Kohls (KSS) welcomed a new company leader in February - Thomas Kingsbury. Apparently, the new CEO already likes what he sees at the helm. He (along with other company executives) recently acquired large chunks of company stock. The specific details of Kingsbury’s purchases come out to a total of 229,000 shares. Yesterday alone, though, he added 92,500 shares to [...]
Micron Gains 6% After Upbeat Outlook: is it Time to Buy, or is the Chip Industry Still Questionable?
It’s been a brutal few years for companies that rely on the chip industry. Automotive and electronics segments have suffered, and it goes without saying that the chipmakers themselves have as well. One such company is Micron Technologies - a Boise, Idaho-based company specializing in the manufacturing of memory & storage chips. But, after the company issued an upbeat [...]
AMC Jumps 20% on Acquisition Rumors…Before Buying into the Hype, Here are 3 Things to Consider
Yesterday, shares of AMC Entertainment (AMC) jumped 20% higher after it was reported that Amazon is interested in acquiring the company. The entertainment company has been through a tumultuous few years since becoming a meme stock during the pandemic, soaring to as high as $37/share at one point. Today, the stock sits at a mere $4.89/share. So, why is [...]
