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MicroStrategy (MSTR) Stock Trades Up, Here Is Why
Shares of business analytics software company MicroStrategy (NASDAQ:MSTR) jumped 22% in the afternoon session after the company added to its Bitcoin position, increasing its overall exposure to the cryptocurrency market amid improving market sentiment fueled by hopes of favorable regulations and policies supporting the crypto industry.
Why Monday.com (MNDY) Stock Is Falling Today
Shares of project management software maker Monday.com (NASDAQ:MNDY) fell 18.3% in the morning session after the company reported underwhelming third-quarter financial results, with sales in line with analysts' estimates. Similarly, revenue guidance for the next quarter was also mostly in line with expectations. Notably, the muted sales guidance for the next quarter implied revenue growth of around 28-29%, suggesting growth may be slowing.
Why Are Marqeta (MQ) Shares Soaring Today
Shares of leading edge card issuer Marqeta (NASDAQ: MQ) jumped 10.9% in the afternoon session after sources revealed the company (Marqeta) could be a potential takeover target. The sources added that Mastercard (MA) and Visa (V) could be potential acquirers alongside other private equity firms. Most acquisitions tend to close at a premium, raising the possibility that existing investors could exit their positions at a higher price if Marqeta reaches a deal with a buyer.
Robinhood (HOOD) Stock Trades Up, Here Is Why
Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 12.1% in the afternoon session after stocks linked to the cryptocurrency sector surged after Bitcoin surpassed $80,000, reaching a new all-time high.
Why Are Coinbase (COIN) Shares Soaring Today
Shares of cryptocurrency exchange Coinbase (NASDAQ:COIN) jumped 18.9% in the afternoon session after stocks linked to the cryptocurrency sector surged after Bitcoin surpassed $80,000, reaching a new all-time high.
Why Monolithic Power Systems (MPWR) Stock Is Falling Today
Shares of power management chips maker Monolithic Power Systems (NASDAQ:MPWR) fell 24.9% in the morning session after Edgewater Research analysts revealed that the company's (MPWR's) allocation to Nvidia's Blackwell line of GPUs (Graphics Processing Unit) is "at risk."
Lincoln Educational (NASDAQ:LINC) Posts Better-Than-Expected Sales In Q3, Stock Jumps 10.2%
Education company Lincoln Educational (NASDAQ:LINC) announced better-than-expected revenue in Q3 CY2024, with sales up 14.8% year on year to $114.4 million. The company’s full-year revenue guidance of $432.5 million at the midpoint came in 1.2% above analysts’ estimates. Its GAAP profit of $0.13 per share was also 40.5% above analysts’ consensus estimates.
Monday.com (NASDAQ:MNDY) Posts Better-Than-Expected Sales In Q3 But Stock Drops 13.1%
Project management software maker Monday.com (NASDAQ:MNDY) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 32.7% year on year to $251 million. The company expects next quarter’s revenue to be around $261 million, close to analysts’ estimates. Its non-GAAP profit of $0.85 per share was also 34.6% above analysts’ consensus estimates.
Unpacking Q2 Earnings: Five Below (NASDAQ:FIVE) In The Context Of Other Discount Retailer Stocks
Let’s dig into the relative performance of Five Below (NASDAQ:FIVE) and its peers as we unravel the now-completed Q2 discount retailer earnings season.
Q3 Earnings Highlights: Medifast (NYSE:MED) Vs The Rest Of The Personal Care Stocks
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at personal care stocks, starting with Medifast (NYSE:MED).