Here are the biggest calls on Wall Street on Wednesday
Guggenheim said its downgrade that it thinks the stock will be "range bound" for the next 6-9 months.
"We are downgrading Monster to NEUTRAL given our view that the stock will be range bound for at least the next 6 to 9 months until the market can better gauge the impact on Monster from the planned January launch of Coca-Cola Energy in the US. In Europe, the longer-term implications of the launch are still largely unknown, but we are seeing some early signs of softness for Monster in Great Britain and Germany.
"A negative narrative has gained momentum since the summer, driven by 1) third party data sources suggesting subscriber shortfalls; 2)'s move in August to increase the free trial period from 1 month to 3, which has supported fears of negative subscriber trends; 3) the realization among investors that near-term podcasting investments will not be offset by potential '2-sided marketplace' revenue, which is longer-term in nature; and 4) time spent listening to podcasts is not...
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Stocks making the biggest moves midday: McDonald's, Charles Schwab, TD Ameritrade & moreThese are the stocks posting the largest moves midday.
Baca lebih lajut »
US manufacturing contracts to worst level in a decadeShares of Schwab fell 7% in response to the move. Competitor TD Ameritrade lost 20%, its worst day since 2006.
Baca lebih lajut »
Schwab to drop commissions on U.S. stock, ETF and options trades, slamming online broker stocksCharles Schwab Corp. shares fell sharply in premarket trade Tuesday, after the company said it is planning to drop commission on U.s. stocks, ETFs and...
Baca lebih lajut »
Stocks making the biggest moves premarket: Lennar, TD Ameritrade, Stitch Fix, Twitter & moreThese are the stocks posting the largest moves before the bell.
Baca lebih lajut »
The end of commissions for stock trading is near as TD Ameritrade cuts to zero, matching SchwabShares of TD Ameritrade continued their slide on Tuesday as the brokerage 'race to zero' quickens.
Baca lebih lajut »
Schwab is now offering commission-free stock trades—here's what that means for youCharles Schwab is ending commissions on stock trading — here's what you need to know about 'free' online trades.
Baca lebih lajut »