Category: Portfolio Management

Nov 10th, 2023 - Groupon shares tumbled 39.5%, a day after the company posted their third-quarter results that were not matching with analysts’ expectations. The company’s CEO also admitted that the business continues to be challenged, but he also added that he is pleased that there is an improvement in the financial performance of Groupon.   Plug Power shares lost more than 40% of their value today after third-quarter results missed analysts’ estimates. The hydrogen fuel cell developer issued a going concern notice about its potential inability to fund operations over the next year. The main reasons behind this collapse are significant difficulties for the company to the accessibility of hydrogen. Due to these factors, JPMorgan downgraded Plug Power price target.  Synaptics gained 13.7% after beating analysts’ expectations in its third-quarter…

Nov 9th, 2023 - Shares rose again today, following a stabilization in Treasury Yields. The Dow Jones climbed 1.15%, the S&P 500 instead climbed 1.56%. The tech heavy NASDAQ however added 2.05%, giving it its best day since May. Groupon shares tumbled 34.82%, a day after the company posted their third-quarter results, which didn’t match analysts’ expectations. The company’s CEO also admitted that the business continues to be challenged, but he added that he is pleased there is an improvement in the financial performance of Groupon.  Plug Power shares lost more than 40.47% of their value today after third-quarter results missed analysts’ estimates. The hydrogen fuel cell developer issued an ongoing concern notice about its potential inability to fund operations over the next year. The main reason behind this decline…