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2022-03-24
Good boost to Reits
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2022-04-02
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Social Media Stocks Gained in Morning Trading
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boost to Reits","listText":"Good boost to Reits","text":"Good boost to Reits","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037295478","repostId":"1189197249","repostType":4,"repost":{"id":"1189197249","kind":"news","pubTimestamp":1648093416,"share":"https://ttm.financial/m/news/1189197249?lang=&edition=fundamental","pubTime":"2022-03-24 11:43","market":"sg","language":"en","title":"Singapore Eases Virus Curbs, Including Vaccinated Travel","url":"https://stock-news.laohu8.com/highlight/detail?id=1189197249","media":"Bloomberg","summary":"Will make wearing of masks when outdoors optional, says PM LeeCity-state to lift ‘most restrictions’","content":"<html><head></head><body><ul><li>Will make wearing of masks when outdoors optional, says PM Lee</li><li>City-state to lift ‘most restrictions’ for vaccinated visitors</li></ul><p>Singapore is moving ahead with a plan to significantly ease longstanding Covid-19 curbs, lifting “most restrictions” for fully vaccinated visitors and removing a requirement to wear masks outdoors, said Prime Minister Lee Hsien Loong.</p><p>With the latest wave of the virus subsiding, the prime minister said that Singapore will double the group size from the current five persons to 10 and allow up to 75% of employees who can work from home to return to their workplaces, he said. The city-state will also “drastically streamline” testing and quarantine requirements for travelers.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fffd6890356160c688499b5ded752b09\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>Passengers on the vaccinated travel lane wait for a bus to cross the Johor-Singapore Causeway at the Woodlands Bus Interchange in Singapore in Nov. 2021.Photographer: Ore Huiying/Bloomberg</span></p><p></p><p>“Earlier, we were cautious because of uncertainty over Omicron’s impact. Now the Omicron situation is well under control,” Lee said in a televised speech, adding the changes will take effect on Mar. 29 with senior officials to elaborate momentarily. “Taking all things into consideration, we believe that we are now ready to take a decisive step forward towards living with Covid-19.”</p><p>The move will give a much-needed boost to businesses, particularly the tourism sector, while the domestic and cross-border changes represent a major step towards living with Covid-19. “But they stop short of a complete opening up,” he said. “We remain watchful because Covid-19 may yet bring further surprises.”</p><p>Singapore joins other Southeast Asian countries, including Malaysia, Thailand and Vietnam, that are taking steps to allow vaccinated travelers to enter freely, replacing mandatory quarantine with Covid-19 testing. Senior officials have said Singapore is looking to restore passenger volume at Changi Airport to at least 50% of pre-pandemic levels by later this year.</p><p>“Wearing mask outdoors will now be optional,” Lee said. “This is because the risk of outdoor transmission is significantly lower. But indoors, masks will still be mandatory.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e2288b3ee39451cf62175deaa23a34b\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\"/><span>Travellers walk along the transit hall of Changi International Airport in Singapore on March 11Photographer: Roslan Rahman/AFP/Getty Images</span></p><p>Boasting a 95% vaccination rate among the eligible population, Singapore is proceeding with its plans to treat the virus as endemic, pledging earlier this month to relax in stages virus curbs that have been in place since early in the pandemic. At the same time, it has eased up on home visitation and safe distancing measures, and lifted capacity for sports, religious services and business events in what the government has termed a streamlining of the rules.</p><p>Here are other singnificant changes announced Thursday:</p><ul><li>Current rules restricting the sale and consumption of alcohol after 10.30 p.m. in restaurants and bars will be lifted</li><li>Indoor and outdoor live performances and busking will be allowed to resume</li><li>F&B establishments won’t need to check vaccination status for groups of five, with random spot checks being done instead</li><li>Larger-scale social gatherings including gala dinners, corporate dinner-and-dance events, birthday celebrations and anniversaries can go ahead</li><li>Capacity limits of 50% for large events and settings of more than 1,000 people will be increased to 75%</li><li>Second boosters will be recommended for those aged 80 and above and the medically vulnerable five months after their previous shot, with no plans for the rest of the population for now</li></ul><p>The reopening in Southeast Asia has been slower than in other parts of the world such as Europe and the U.S., where wearing face masks and social distancing have been dropped after the best part of two years. Passenger volumes at flag carrier Singapore Airlines Ltd. were just 26% of pre-Covid levels at the end of 2021.</p><p>Singapore Airlines shares jumped 4%.</p><p><img src=\"https://static.tigerbbs.com/789e88e6a3d161de0b8da85afcf10357\" tg-width=\"1394\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Eases Virus Curbs, Including Vaccinated Travel</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Eases Virus Curbs, Including Vaccinated Travel\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-24 11:43 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-03-24/singapore-significantly-eases-curbs-including-vaccinated-travel?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Will make wearing of masks when outdoors optional, says PM LeeCity-state to lift ‘most restrictions’ for vaccinated visitorsSingapore is moving ahead with a plan to significantly ease longstanding ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-03-24/singapore-significantly-eases-curbs-including-vaccinated-travel?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C6L.SI":"新加坡航空公司","STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2022-03-24/singapore-significantly-eases-curbs-including-vaccinated-travel?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189197249","content_text":"Will make wearing of masks when outdoors optional, says PM LeeCity-state to lift ‘most restrictions’ for vaccinated visitorsSingapore is moving ahead with a plan to significantly ease longstanding Covid-19 curbs, lifting “most restrictions” for fully vaccinated visitors and removing a requirement to wear masks outdoors, said Prime Minister Lee Hsien Loong.With the latest wave of the virus subsiding, the prime minister said that Singapore will double the group size from the current five persons to 10 and allow up to 75% of employees who can work from home to return to their workplaces, he said. The city-state will also “drastically streamline” testing and quarantine requirements for travelers.Passengers on the vaccinated travel lane wait for a bus to cross the Johor-Singapore Causeway at the Woodlands Bus Interchange in Singapore in Nov. 2021.Photographer: Ore Huiying/Bloomberg“Earlier, we were cautious because of uncertainty over Omicron’s impact. Now the Omicron situation is well under control,” Lee said in a televised speech, adding the changes will take effect on Mar. 29 with senior officials to elaborate momentarily. “Taking all things into consideration, we believe that we are now ready to take a decisive step forward towards living with Covid-19.”The move will give a much-needed boost to businesses, particularly the tourism sector, while the domestic and cross-border changes represent a major step towards living with Covid-19. “But they stop short of a complete opening up,” he said. “We remain watchful because Covid-19 may yet bring further surprises.”Singapore joins other Southeast Asian countries, including Malaysia, Thailand and Vietnam, that are taking steps to allow vaccinated travelers to enter freely, replacing mandatory quarantine with Covid-19 testing. Senior officials have said Singapore is looking to restore passenger volume at Changi Airport to at least 50% of pre-pandemic levels by later this year.“Wearing mask outdoors will now be optional,” Lee said. “This is because the risk of outdoor transmission is significantly lower. But indoors, masks will still be mandatory.”Travellers walk along the transit hall of Changi International Airport in Singapore on March 11Photographer: Roslan Rahman/AFP/Getty ImagesBoasting a 95% vaccination rate among the eligible population, Singapore is proceeding with its plans to treat the virus as endemic, pledging earlier this month to relax in stages virus curbs that have been in place since early in the pandemic. At the same time, it has eased up on home visitation and safe distancing measures, and lifted capacity for sports, religious services and business events in what the government has termed a streamlining of the rules.Here are other singnificant changes announced Thursday:Current rules restricting the sale and consumption of alcohol after 10.30 p.m. in restaurants and bars will be liftedIndoor and outdoor live performances and busking will be allowed to resumeF&B establishments won’t need to check vaccination status for groups of five, with random spot checks being done insteadLarger-scale social gatherings including gala dinners, corporate dinner-and-dance events, birthday celebrations and anniversaries can go aheadCapacity limits of 50% for large events and settings of more than 1,000 people will be increased to 75%Second boosters will be recommended for those aged 80 and above and the medically vulnerable five months after their previous shot, with no plans for the rest of the population for nowThe reopening in Southeast Asia has been slower than in other parts of the world such as Europe and the U.S., where wearing face masks and social distancing have been dropped after the best part of two years. Passenger volumes at flag carrier Singapore Airlines Ltd. were just 26% of pre-Covid levels at the end of 2021.Singapore Airlines shares jumped 4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9037295478,"gmtCreate":1648108425698,"gmtModify":1676534305331,"author":{"id":"3555125277027762","authorId":"3555125277027762","name":"Tee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555125277027762","authorIdStr":"3555125277027762"},"themes":[],"htmlText":"Good boost to Reits","listText":"Good boost to Reits","text":"Good boost to Reits","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037295478","repostId":"1189197249","repostType":4,"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9011237312,"gmtCreate":1648867640394,"gmtModify":1676534414744,"author":{"id":"3555125277027762","authorId":"3555125277027762","name":"Tee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555125277027762","authorIdStr":"3555125277027762"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011237312","repostId":"1110062209","repostType":4,"repost":{"id":"1110062209","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1648825591,"share":"https://ttm.financial/m/news/1110062209?lang=&edition=fundamental","pubTime":"2022-04-01 23:06","market":"us","language":"en","title":"Social Media Stocks Gained in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1110062209","media":"Tiger Newspress","summary":"Social media stocks gained in morning trading. Meta Platforms, Snap, Twitter, Match Group and Pinter","content":"<html><head></head><body><p>Social media stocks gained in morning trading. Meta Platforms, Snap, Twitter, Match Group and Pinterest climbed between 1% and 7%.</p><p>Piper reiterated its overweight rating on shares of Snap and said it sees a “compelling pocket of user growth opportunity.”</p><p><img src=\"https://static.tigerbbs.com/75632797e62879c1c8667c45c3a12876\" tg-width=\"423\" tg-height=\"296\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Social Media Stocks Gained in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSocial Media Stocks Gained in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-01 23:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Social media stocks gained in morning trading. Meta Platforms, Snap, Twitter, Match Group and Pinterest climbed between 1% and 7%.</p><p>Piper reiterated its overweight rating on shares of Snap and said it sees a “compelling pocket of user growth opportunity.”</p><p><img src=\"https://static.tigerbbs.com/75632797e62879c1c8667c45c3a12876\" tg-width=\"423\" tg-height=\"296\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110062209","content_text":"Social media stocks gained in morning trading. Meta Platforms, Snap, Twitter, Match Group and Pinterest climbed between 1% and 7%.Piper reiterated its overweight rating on shares of Snap and said it sees a “compelling pocket of user growth opportunity.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9011234454,"gmtCreate":1648867605423,"gmtModify":1676534414740,"author":{"id":"3555125277027762","authorId":"3555125277027762","name":"Tee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555125277027762","authorIdStr":"3555125277027762"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011234454","repostId":"1189350738","repostType":4,"repost":{"id":"1189350738","kind":"news","pubTimestamp":1648824506,"share":"https://ttm.financial/m/news/1189350738?lang=&edition=fundamental","pubTime":"2022-04-01 22:48","market":"us","language":"en","title":"Coinbase Stock Could Sink, Short-Seller Takes Aim","url":"https://stock-news.laohu8.com/highlight/detail?id=1189350738","media":"TipRanks","summary":"Shares of popular cryptocurrency exchange platform Coinbase (COIN) have been under more selling pres","content":"<div>\n<p>Shares of popular cryptocurrency exchange platform Coinbase (COIN) have been under more selling pressure. With the broader tech sell-off and renowned short-seller Jim Chanos taking aim at the company,...</p>\n\n<a href=\"https://www.tipranks.com/news/article/coinbase-stock-could-sink-short-seller-takes-aim/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase Stock Could Sink, Short-Seller Takes Aim</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase Stock Could Sink, Short-Seller Takes Aim\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-01 22:48 GMT+8 <a href=https://www.tipranks.com/news/article/coinbase-stock-could-sink-short-seller-takes-aim/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of popular cryptocurrency exchange platform Coinbase (COIN) have been under more selling pressure. With the broader tech sell-off and renowned short-seller Jim Chanos taking aim at the company,...</p>\n\n<a href=\"https://www.tipranks.com/news/article/coinbase-stock-could-sink-short-seller-takes-aim/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.tipranks.com/news/article/coinbase-stock-could-sink-short-seller-takes-aim/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189350738","content_text":"Shares of popular cryptocurrency exchange platform Coinbase (COIN) have been under more selling pressure. With the broader tech sell-off and renowned short-seller Jim Chanos taking aim at the company, the perfect storm could be in the works as the stock looks to bottom out and regain its footing.Coinbase stock shed around 58% of its value from peak to trough and is now attempting to move on from its brief plunge just north of $150 per share. Now, it’s never a good idea to be on the receiving end of a short-seller, especially one as famed as Jim Chanos.Although the shorts may be inclined to talk up their book after there’s already a considerable amount of negative momentum behind it, there are potential pitfalls of catching the falling knife that is Coinbase. I am bearish.Jim Chanos Refers to Coinbase as a ‘Bubble Stock‘A few weeks ago, Chanos referred to Coinbase as a “bubble stock.” Indeed, Chanos’ track record speaks for itself. Although Chanos’ alarming statements shouldn’t be taken as gospel, they should cause one to re-evaluate their theses to ensure that the narrative still holds.In prior pieces, I outlined the high risks involved with a name like Coinbase. Although the firm stood out as one of the more intriguing publicly traded ways to play a bet on the crypto markets, the price-to-earnings (P/E) multiple is so depressed for a reason.At 13 times trailing earnings, COIN stock seems like more of a bargain to take advantage of amid the tech-driven sell-off. With a trading frenzy in the rear-view mirror, though, it will be tough to stack up against past quarters now that the risk appetite has plunged.Chanos thinks Coinbase is “overearning” and that increased competition will weigh on the platform’s above-average margins. Just how much fee compression could be in the cards at the hands of rivals? Chanos thinks enough such that the firm “will probably not be profitable this year,”Indeed, I remarked on Coinbase’s loftier fees relative to competitors in past pieces but thought they were somewhat justified, given Coinbase was a more established and trusted presence in the crypto exchange scene.Competition Coming?Relative to the current slate of rivals, I’d argue Coinbase can still justify its loftier fees.That said, Coinbase’s days of being able to command higher fees may be numbered if a trusted behemoth like PayPal (PYPL) were to make a deeper dive into the crypto waters. Given PayPal’s recent embrace of cryptocurrencies, a case could be made that the crypto brokerages could be headed for the same “race to zero” faced by stock brokerages many years ago.In any case, I agree with Chanos in that Coinbase’s road ahead doesn’t look half as bright as the road behind it.Cyclical Nature of BitcoinInterest in cryptocurrencies still seems high, given numerous issues at the macro level. The server-breaking popularity of Coinbase’s Super Bowl advertisement was nothing short of remarkable. With Bitcoin and other cryptocurrencies warming up in the latter half of the first quarter, Coinbase stock may have the stage set for a larger relief rally.However, it is important to note that sentiment in the crypto space can change at the drop of a hat. For that reason, it’s tough to value a company like Coinbase, given how heavily its stock can be influenced by external factors that move the broader basket of cryptocurrencies.Bitcoin’s boom and bust nature is nothing new. The next bust is inevitable, and it could be just as violent as past downturns that saw crypto exchange commercials vanish for many months at a time. If the broader crypto markets were to go bust, it would be nearly impossible for Coinbase to avoid a plunge of similar magnitude.Wall Street’s TakeAccording to TipRanks’ analyst rating consensus, COIN stock comes in as a Moderate Buy. Out of 17 analyst ratings, there are 13 Buy recommendations, two Hold recommendations, and two Sell recommendations.The average Coinbase price target is $304.94, implying 62.7% upside potential. Analyst price targets range from a low of $135 per share to a high of $500 per share.Bottom Line on Coinbase StockCoinbase is coming off an incredible year, and Chanos may be right in that the company is “overearning.” Indeed, the low P/E multiple may already reflect such. Though Coinbase may face an uphill battle this year, it remains impossible to gauge how the crypto markets will fare this year, given the crisis unfolding in Ukraine.Further, I wouldn’t discount Coinbase’s ability to resist the fee pressure as rivals loom.Arguably, it already has. My biggest concern is what happens once big-tech fintech rivals with big crypto ambitions begin to move in.","news_type":1},"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
