Goldman Sachs Initiates Coverage On Olo with Neutral Rating, Announces Price Target of $8.5
Goldman Sachs analyst Gabriela Borges initiates coverage on Olo (NYSE:OLO) with a Neutral rating and announces Price Target of $8.5.
Stocks That Hit 52-Week Lows On Thursday
During Thursday's trading, 62 companies set new 52-week lows.
‘Investor Anxiety’ On Software Stocks Prevails, But This Analyst Sees Hope In A Few Stocks, With Questions Around Others — Like Palantir
On average, software companies beat Q2 revenue estimates by 2% and profitability expectations by 5%, RBC analyst Matthew Hedberg said.
Q3 was guided lower for both revenue and profitability while stocks moved on average 2.1% higher the day following earnings.
Illumina, Poshmark, Olo And Some Other Big Losers From Friday
U.S. stocks closed higher on Friday, with the Dow Jones gaining more than 400 points. Here is the list of some big stocks moving lower in the previous session.
Why Embark Technology Jumped Around 85%; Here Are 108 Biggest Movers From Friday
Gainers
Embark Technology, Inc. (NASDAQ: EMBK) jumped 84.8% to close at $1.07 on Friday after the company reported better-than-expected Q2 EPS results.
Why Twin Vee Powercats Is Trading Higher By Around 90%, Here Are 84 Stocks Moving In Friday’s Mid-Day Session
Gainers
Twin Vee Powercats Co. (NASDAQ: VEEE) shares jumped 90% to $7.60 after the company said Q2 sales results were up year over year.
Cowen Slashes Price Target On This Stock By Over 78%; Also Check Out Some Other Big PT Changes
Cowen & Co. cut the price target for The RealReal, Inc. (NASDAQ: REAL) from $14 to $3. RealReal shares fell 0.7% to $3.1388 in pre-market trading.