It's been holding above $49 pre-market. I noticed you emphasized "SEEM". I agree. It's too obvious of a trade, and those rarely work out. I don't think its set its low yet tbh, and as much as I love the stock for the long haul. $45 maybe? $44? Or... maybe the whales will start buying. I've been seeing alot of option action that suggests it's going lower however. Watch ALDX today btw, lets see what it does.
Citi Trends price target raised to $175 from $165 at Craig-Hallum 08:36 CTRN Craig-Hallum analyst… Citi Trends sees Q4 comparable store sales up in high teens vs last year 06:50 CTRN The Company expects an increase in comparable store sales in the high teens in the Q4 compared to the Q4 of FY19. Show Related Items >> Citi Trends raises FY21 EPS view to $6.95-$7.10 from $6.30-$6.50 06:49 CTRN Consensus is for FY21 EPS $6.54. >> Citi Trends reports Q3 EPS $1.03, consensus 45c 06:47 CTRN Reports Q3 revenue $228M, consensus $220.67M. Reports comparable store sales increased 13.1% vs. Q3 of 2020, on top of a 6.3% increase in Q3 2020 vs. 2019. David Makuen, CEO, commented, "We are thrilled to report strong Q3 results building on the positive momentum from the first half of the year. I'm especially pleased with our 13% comp sales increase for the quarter on top of a 6% comp sales increase for the same period in 2020. Our on-trend assortment resonated with our loyal and new customers, contributing to gross margin expansion of 290 basis points compared to the third quarter of 2019, and our high performance teams truly brought it home, delivering operating margin growth of 600 basis points compared to the third quarter of 2019. We continue to enhance our customer experience in our highly differentiated specialty value stores in neighborhoods that really depend on us. We are in the early innings of our transformation and are confident that our continued discipline and focus on the execution of our strategic priorities enables us to capture additional sales and leverage expenses to sustain our top and bottom line growth."
Allbirds is defended at BofA after post-earnings slide- It's not a cult..... Dec. 01, 2021 9:48 AM ET Allbirds, Inc. (BIRD) Bank of America is positive on Allbirds(BIRD-9.0%)after the retailer posted better-than-expected Q3 results. The company's strategy to stock up for the holiday is viewed as a positive. Analyst Lorraine Hutchinson: "Management felt it was prudent to pull forward inventory to ensure it can capture strong demand during the holiday season. This decision also positions the stores and digital channels well for 1H22 product releases. BIRD has seen very limited supply chain production issues." Looking ahead, Hutchinson and team call Allbirds(NASDAQ:BIRD)a compelling long-term growth story with a differentiated sustainability focus. They believe BIRD offers one of the best growth stories in retail with a strong brand. VAN-?
This is interesting. Krispy Kreme sees more insider buying as JAB raises stake to 44% Nov. 30, 2021 3:46 PM ETKrispy Kreme, Inc. (DNUT) Parent, JAB Indulgence continues to raise its stake in Krispy Kreme (DNUT-6.8%) as per the latest SEC filling. The privately-held European investment firm has purchased an aggregate of 2,426,728 shares of Krispy Kreme in open market transactions, between Nov. 11 to Nov. 26, 2021. Price range circled around $13.65 to $15.70 per share. Giving effect to these purchases, JAB Indulgence now beneficially owns 74,085,752 shares of DNUT, which represents 44.3% of the issued and outstanding shares as on the date of thecompany's latest financial results release. The beneficial owners of the holdings include JAB Holdings, JAB Investments, JAB Holding Company, Joh. A. Benckiser, Agnaten and Lucresca, of which JAB Indulgence is a direct or indirect subsidiary. Famous donut chain Krispy Kreme(NASDAQ:DNUT) went private in 2016, but staged what had initially seemed like a sweet return toWall Street on July 1. The stock climbed 22% on its first day of trading from its IPO pricing level of $17 per share. However, the stock has lost groundsto S&P 500 since then: The recent reports revealed that the popular fast-casual restaurant operator Panera Brands announced plans for an IPO that will include a major investment from Shake Shack founder Danny Meyer and his SPAC USHG Acquisition Corp. Plans call for JAB, which took Panera private in 2017 at about a $7.2B valuation, to continue to own a significant stake in the chain following the IPO. Now Read:Krispy Kreme drops after Goldman Sachs turns bearish over impact of inflation This JAB owns 44% of Krispy!!! And they will get money from this Panera situation... won't they just gobble the whole company up?
Last One- i may have a play here I saw this news and I was like eh? CFO is that important but maybe it is.... IRONWOOD UPDATE-! Ironwood Pharmaceuticals gains on takeout speculation with CFO hiring Dec. 01, 2021 10:07 AM ETIronwood Pharmaceuticals, Inc. (IRWD Ironwood Pharmaceuticals(NASDAQ:IRWD) rose 1.4% after speculation the company could be a takeout candidate after hiring a CFO with M&A experience. Ironwood's hiring of Sravan Emany may be noteworthy as he was chief strategy officer at Integra LifeSciences and previously was involved in "numerous mergers and acquisitions" in the healthcare sector as an investment banker, Dealreporter highlighted in speculating the company could be a takeout target. Ironwood has been targeted by activist Sarissa Capital and its leader Alex Denner in the past and the activist got a seat on the company's board last year. Ironwood also rose on June 25after an 8-K filing about an amended severance and change in control agreement for CEO Tom McCourt sparked some takeover speculation. Ironwood short interest is 14.5%.<------- IRWD-$11.19 hod $11.50//
Ironwood is a very interesting case study. in 2018 it was $20. I think any deal will have to match that number<--- These guys have 1 and only 1 product but it's in the market and making money. and so it's not your usual biotech. Hard to value since their is no far reaching dreams here-- but at a certain point cash is cash.
VAN SHOULD I JUST SCALP IT!!!! Snap Inc. (SNAP) NYSE - Nasdaq Real Time Price. Currency in USD $50.84+3.23(+6.78%)<--------------- As of 10:31AM EST.
— Shares of American personal finance company Nerdwallet Inc (NASDAQ:NRDS) fell more than 8.7% on Monday, despite multiple analysts providing positive commentary on the firm. Analysts at William Blair, KeyBanc, Barclays, BofA, Truist, Citi, and Oppenheimer initiated the stock with bullish ratings. Barclays (LON:BARC) analyst Ross Sandler set a $29 price target on the stock, stating that it was an opportunity for investors to buy a "high-quality content business at a discount." MeanwhileBofA started NerWallet with a $40 price target and buy rating, with analyst Nat Schindler telling investors that strong revenue growth and margins can drive upside from current levels. Other reasons for positive ratings: strong organic traffic, consumer trust, brand recognition, platform content quality, and credit cards offering near-term upside. The only analyst with a less than positive view of NerdWallet was Morgan Stanley's James Faucette, who initiated the stock with an equal weight rating and $24 price target. Faucette said he is mindful of the cyclicality and margin implications of sales and marketing spending. NerdWallet, Inc. (NRDS)- I still think Robin Hood types could run this name because of the name... good case study for my upcoming book--- " IT'S ALL IN THE SYMBOL "- INVESTING LIKE A CHILD BY STONEDINVESTOR NasdaqGM - Nasdaq 18.77+0.69(+3.82%) As of 10:37AM EST.