Stocks Analysis by Investing.com (Davit Kirakosyan) covering: RH, Reddit Inc. Read Investing.com (Davit Kirakosyan)'s latest article on Investing.com
The final estimate for Q4 GDP growth in the U.S. is revised up to 3.4%, fueled by robust consumer spending and nonresidential fixed investment.
This continued trend of low unemployment benefit applications indicates a strong economic environment.) stock is falling for the second consecutive day as short-sellers reportedly set their sights on the company. Following its impressive debut last week, which saw a notable surge in its share price, the social media company attracted significant short-selling activity in its initial days on the market.
However, the company expressed optimism, anticipating demand trends to pick up throughout fiscal 2024. For the coming year, RH predicts a demand increase of 12% to 14% and revenue growth between 8% and 10%.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Is Now Time to Buy Humana Stock?Stocks Analysis by Investing.com (Davit Kirakosyan) covering: Humana Inc. Read Investing.com (Davit Kirakosyan)'s latest article on Investing.com
Baca lebih lajut »
These Overlooked Mid-Cap Gems Are Ripe for a ReboundStocks Analysis by Investing.com (Davit Kirakosyan) covering: ACADIA Pharmaceuticals Inc, Cable One Inc. Read Investing.com (Davit Kirakosyan)'s latest article on Investing.com
Baca lebih lajut »
Reddit-based tokens MOON and BRICKs rally ahead of oversubscribed Reddit's IPOReddit-related tokens r/CryptoCurrency Moons (MOON) and r/FortNiteBR Bricks (BRICK) are rallying sharply on Wednesday, ahead of Reddit's (RDDT.N) Initial Public Offering (IPO), which has been reported as oversubscribed.
Baca lebih lajut »
Reddit goes public in the most Reddit of waysOnce considered among the dark alleys of the internet, social media platform Reddit, now almost 20 years old set up a Thursday public stock offering to raise nearly $520 million on a company valuation of $6.4 billion.
Baca lebih lajut »
Reddit Becomes Most Purchased Stock on Investing App PublicInvesting app Public shared that Reddit was the most purchased stock on the platform Thursday, beating out tech giants Nvidia and Tesla. Public.com CEO Jannick Malling stated that despite only trading for less than half a day, Reddit was the most bought stock of the day. Traders on Public are already asking about the possibility of buying options on Reddit.
Baca lebih lajut »
Reddit shares close 30% up following social media company's IPOReddit shares were up about 30% to $59.80 at the market's close on Monday.
Baca lebih lajut »