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Shares in hair care products company Olaplex (NASDAQ:OLPX) dropped more than 40% in pre-market trading today after the company cut sales projections. A press release estimates 2022 sales of $704 million to $711 million, and adjusted net income of $303 million to $307 million. Estimates released with its August quarter earnings were for sales of
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U.S. investors have been tentative in investing in Chinese securities of late. That is mainly because of the increased volatility due to country-specific risks and a worldwide economic slowdown. Consequently, many Chinese tech stocks are now trading at a hefty bargain, offering attractive entry points for traders and investors. Over the past couple of years,
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Have you ever considered owning a dry-bulk shipping stock? If you can tolerate some volatility, then consider taking a look at Eagle Bulk Shipping (NASDAQ:EGLE) stock. This gets a “B” rating as the result of Eagle Bulk’s growing fleet and generous dividend payments. Plus, as we’ll discover, Eagle Bulk’s financial stats demonstrate notable improvement. If any
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Key Takeaways United Airlines’ load factor came in above analyst predictions and at its highest level in at least six. Load factor measures the percentage of an airline’s seating capacity that is filled with paying passengers. Strongly rebounding travel demand overcame a cooling economy to boost earnings and revenue above analyst expectations. Source: Predictions based
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Key Takeaways Netflix reported Q3 2022 earnings per share (EPS) of $3.10, far ahead of analysts’ predictions. Global paid streaming memberships also surpassed analyst expectations. The number of global paid streaming memberships represents how Netflix generates most of its revenue. Source: Predictions based on analysts’ consensus from Visible Alpha Netflix (NFLX) Financial Results: Analysis Shares of
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For all the cannabis sector’s promise and growth potential, not much has stirred it market-wise apart from a, shall we say, blunt drop. But, today, I have three bullish cannabis stock predictions for the upcoming year. Currently, the cannabis market is regulated by states, creating a patchwork of regulations. Cannabis investors have long held out
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Tracey Ryniec, Zacks value stock strategist, discusses how to add a little growth to your value stock search. Southwest Airlines: http://www.zacks.com/stock/quote/LUV?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
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With all the vagaries in the market these days, investors may be better served considering undervalued biotech stocks to buy. At the most basic level, biotechnology firms aim to address critical vulnerabilities in the human condition. Therefore, while the sector certainly features a profit motivation, it generally falls under a feel-good framework. To be fair,
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