Positive territory still but opening gains being pared 21 April
- FTSE +0.1%
- DAX +0.2%
- CAC40 +0.1%
- FTMIB -0.2%
- IBEX +0.2%
Euro feeling a bit of love on the early retreat. EURUSD breaks 1.1300 and triggers stops to 1.1309
Euro feeling a bit of love on the early retreat. EURUSD breaks 1.1300 and triggers stops to 1.1309
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Tech stocks surge 15% in April, but P/E ratio at 34 signals overvaluation. Value stocks now outperform growth.
Value stocks FLO, FOXA, FNB show low P/E & P/B but face sales dips & profit risks. Seek better growth.
Circle stock jumps 16% on strong Q1 earnings & $222M Arc raise at $3B valuation. Kraken parent Payward eyes IPO at $20B.
eBay rejects GME's $56B bid citing valuation & debt risks. Burry exits GME, citing 7.7x debt/EBITDA.
eBay rejects GME's $55.5B bid; GME shares drop 4.5%, eBay up 24% YTD.
LYTS surges 17.9% on strong earnings beat; ALLE down 7.8% despite revenue growth.
SNBR's revenue drops 18.9% on weak demand, missing estimates. Valuation concerns rise amid losses.
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