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Here's How Much Gains Cathie Wood Has Missed Out On This Month By Selling Virgin Galactic Stock

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please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/119851695","repostId":"1154249207","repostType":4,"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3580210745866671","authorId":"3580210745866671","name":"Joliaoql","avatar":"https://static.tigerbbs.com/27dbff64a657961b90f41f9e9212a921","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3580210745866671","idStr":"3580210745866671"},"content":"CommeT back pls","text":"CommeT back pls","html":"CommeT back 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comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132735856","repostId":"1149867313","repostType":4,"repost":{"id":"1149867313","pubTimestamp":1622109491,"share":"https://ttm.financial/m/news/1149867313?lang=&edition=fundamental","pubTime":"2021-05-27 17:58","market":"us","language":"en","title":"Here's How Much Gains Cathie Wood Has Missed Out On This Month By Selling Virgin Galactic Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1149867313","media":"benzinga","summary":"Cathie Wood-led Ark Investment Managementdumped all of its stakein Virgin Galactic Holdings Inc in t","content":"<p>Cathie Wood-led Ark Investment Managementdumped all of its stakein&nbsp;<b>Virgin Galactic Holdings Inc</b>&nbsp;in tranches this month, shedding nearly 2 million shares in the space tourism company and missing out on a rocket-like rally.</p><p><b>What Happened:</b>Virgin Galactic shares have soared about 35.4% since Ark's first SPCE trade this month&nbsp;on May 6.</p><p>Between May 6 and May 25, Wood's hedge fund has sold about 1.96 million shares.</p><p>An average price of $18.78 per share is estimated based on the closing price of each of these trading days, fetching the investment firm about $36.77&nbsp;million.</p><p>The same shares would be worth $52.85 million as per Thursday's closing price, implying Ark missed out on about $16 million in gains on the stock.</p><p><b>Why It Matters:</b>The investment firm held the shares of the Richard Branson-founded company via the Ark&nbsp;<b>Autonomous Technology &amp; Robotics ETF</b>(BATS:ARKQ) and the recently floated&nbsp;<b>Ark Space Exploration &amp; Innovation ETF</b>(BATS:ARKX).</p><p>The space tourism company over the weekend announced ithad completedits third spaceflight and the first-ever spaceflight from Spaceport America, New Mexico bringing it one step closer to the commercial launch of its space services.</p><p>SPCE competes with Blue Origin, the privately held space venture founded by&nbsp;<b>Amazon.com Inc</b>&nbsp;CEO Jeff Bezos and&nbsp;Elon Musk-led SpaceX.</p><p>The popular fund, known for its investment in&nbsp;<b>Tesla Inc</b>&nbsp;and the recent bets on cryptocurrency exchange&nbsp;<b>Coinbase Global Inc</b>&nbsp;, started diluting Virgin Galactic stake last month after an initialbullishstreak.</p><p>Branson last monthsoldnearly $150 million worth of shares of the space tourism company and still holds 56.8 million shares in Virgin Galactic.</p><p><b>Price Action:</b>SPCE shares closed 5.55% higher at $27 on Wednesday.</p>","source":"lsy1606299360108","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\" 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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\">\nHere's How Much Gains Cathie Wood Has Missed Out On This Month By Selling Virgin Galactic Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 17:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/05/21313000/heres-how-much-gains-cathie-wood-has-missed-out-on-this-month-by-selling-virgin-galactic-stock><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood-led Ark Investment Managementdumped all of its stakein Virgin Galactic Holdings Inc in tranches this month, shedding nearly 2 million shares in the space tourism company and missing out on...</p>\n\n<a href=\"https://www.benzinga.com/news/21/05/21313000/heres-how-much-gains-cathie-wood-has-missed-out-on-this-month-by-selling-virgin-galactic-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://www.benzinga.com/news/21/05/21313000/heres-how-much-gains-cathie-wood-has-missed-out-on-this-month-by-selling-virgin-galactic-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149867313","content_text":"Cathie Wood-led Ark Investment Managementdumped all of its stakein Virgin Galactic Holdings Inc in tranches this month, shedding nearly 2 million shares in the space tourism company and missing out on a rocket-like rally.What Happened:Virgin Galactic shares have soared about 35.4% since Ark's first SPCE trade this month on May 6.Between May 6 and May 25, Wood's hedge fund has sold about 1.96 million shares.An average price of $18.78 per share is estimated based on the closing price of each of these trading days, fetching the investment firm about $36.77 million.The same shares would be worth $52.85 million as per Thursday's closing price, implying Ark missed out on about $16 million in gains on the stock.Why It Matters:The investment firm held the shares of the Richard Branson-founded company via the Ark Autonomous Technology & Robotics ETF(BATS:ARKQ) and the recently floated Ark Space Exploration & Innovation ETF(BATS:ARKX).The space tourism company over the weekend announced ithad completedits third spaceflight and the first-ever spaceflight from Spaceport America, New Mexico bringing it one step closer to the commercial launch of its space services.SPCE competes with Blue Origin, the privately held space venture founded by Amazon.com Inc CEO Jeff Bezos and Elon Musk-led SpaceX.The popular fund, known for its investment in Tesla Inc and the recent bets on cryptocurrency exchange Coinbase Global Inc , started diluting Virgin Galactic stake last month after an initialbullishstreak.Branson last monthsoldnearly $150 million worth of shares of the space tourism company and still holds 56.8 million shares in Virgin Galactic.Price Action:SPCE shares closed 5.55% higher at $27 on Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":116482658,"gmtCreate":1622815573974,"gmtModify":1704191777413,"author":{"id":"3582838688159375","authorId":"3582838688159375","name":"Nightwing","avatar":"https://static.tigerbbs.com/eee73b31aa0c67bc07e46fe474bb323e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582838688159375","authorIdStr":"3582838688159375"},"themes":[],"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/116482658","repostId":"1105681635","repostType":4,"repost":{"id":"1105681635","pubTimestamp":1622800841,"share":"https://ttm.financial/m/news/1105681635?lang=&edition=fundamental","pubTime":"2021-06-04 18:00","market":"us","language":"en","title":"3 Top Robinhood Stocks Wall Street Thinks Will Soar 25% or More","url":"https://stock-news.laohu8.com/highlight/detail?id=1105681635","media":"Motley Fool","summary":"Analysts expect one of them to skyrocket a lot more than 25%.","content":"<p>Robinhood investors like quite a few stocks that aren't exactly favorites for analysts. If memes are floating on the internet about a given stock, there's a pretty good chance that it's popular on Robinhood but not so much on Wall Street.</p>\n<p>However, there are also several stocks that retail investors on the commission-free trading platform and analysts alike hold in high regard. Here are three top Robinhood stocks that Wall Street thinks will soar 25% or more.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0548d25733705cf21e71b0a7eaad8add\" tg-width=\"2000\" tg-height=\"1333\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Apple</b></p>\n<p>You might think that with a market cap topping $2 trillion, there's not much room for&nbsp;<b>Apple</b>&nbsp;(NASDAQ:AAPL)&nbsp;to grow. Analysts would disagree. The average one-year price target for the technology leader reflects a premium of nearly 28% over the current share price.</p>\n<p>Apple is the second-most widely held stock among Robinhood investors. Why? Probably because they realize the incredible moat and growth prospects that Apple enjoys with its iPhone-centric ecosystem.</p>\n<p>I think this ecosystem could expand enough for Apple to hit Wall Street's price target. The increased availability of high-speed 5G wireless networks continues to fuel demand for the newer iPhone models. Apple's services and wearables revenue also continues to grow significantly.</p>\n<p>Over the long run, my view is that technological innovations will keep Apple among the favorite stocks for both Robinhood investors and Wall Street analysts. Look for more augmented reality functionality on the way. There's also speculation that Apple could&nbsp;launch a foldable iPhone in 2023. A future market cap of $3 trillion or more isn't out of the question at all.</p>\n<p><b>Amazon.com</b></p>\n<p>Robinhood investors and analysts also agree on another so-called&nbsp;FAANG stock--<b>Amazon.com</b>&nbsp;(NASDAQ:AMZN). The internet giant ranks as the ninth most popular stock on Robinhood. Analysts think that Amazon's share price could rise 31% over the next 12 months.</p>\n<p>There are two key growth drivers that could enable Amazon to deliver that kind of growth. The company's Amazon Web Services (AWS) cloud platform continues to fire on all cylinders and is highly profitable. Amazon is also experiencing strong momentum with its digital advertising business.</p>\n<p>Value investor Bill Miller even thinks that these two units&nbsp;could account for most of Amazon's valuation&nbsp;within the next couple of years. He's also bullish about the company's business-to-business and logistics platforms. I suspect Miller's optimism is on point.</p>\n<p>Don't forget e-commerce, though. Amazon remains the biggest e-commerce company in the world. Online sales still account for less than 14% of total retail sales in the U.S. There's a lot of room for Amazon to run in its core business.</p>\n<p><b>Bionano Genomics</b></p>\n<p>You might be at least a little surprised by the third top Robinhood stock on our list that Wall Street really likes. The average price target for&nbsp;<b>Bionano Genomics</b>&nbsp;(NASDAQ:BNGO)&nbsp;is a whopping 80% higher than the stock's current price.</p>\n<p>Bionano&nbsp;reported better-than-expected Q1 results&nbsp;in May. Revenue jumped 179% year over year to a record-high $3.2 million. Although the company remained unprofitable, its bottom line moved in the right direction.</p>\n<p>Customers appear to like Bionano's Saphyr genome mapping system. As the install base grows, the company's recurring revenue from consumables grows. That's the kind of business model that investors hope could really pay off over the long run.</p>\n<p>Bionano projects that it will have 150 Saphyr systems in the field by the end of this year, up 50% from the end of 2020. The company also anticipates receiving accreditation for additional laboratory-developed tests for Saphyr soon. Bionano is riskier than Apple or Amazon, but analysts think it could be a huge winner over the near term.</p>","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>3 Top Robinhood Stocks Wall Street Thinks Will Soar 25% or More</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\">\n3 Top Robinhood Stocks Wall Street Thinks Will Soar 25% or More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/04/3-top-robinhood-stocks-wall-street-thinks-will-soa/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Robinhood investors like quite a few stocks that aren't exactly favorites for analysts. If memes are floating on the internet about a given stock, there's a pretty good chance that it's popular on ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/04/3-top-robinhood-stocks-wall-street-thinks-will-soa/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果","BNGO":"Bionano Genomics"},"source_url":"https://www.fool.com/investing/2021/06/04/3-top-robinhood-stocks-wall-street-thinks-will-soa/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105681635","content_text":"Robinhood investors like quite a few stocks that aren't exactly favorites for analysts. If memes are floating on the internet about a given stock, there's a pretty good chance that it's popular on Robinhood but not so much on Wall Street.\nHowever, there are also several stocks that retail investors on the commission-free trading platform and analysts alike hold in high regard. Here are three top Robinhood stocks that Wall Street thinks will soar 25% or more.\nIMAGE SOURCE: GETTY IMAGES.\nApple\nYou might think that with a market cap topping $2 trillion, there's not much room for Apple (NASDAQ:AAPL) to grow. Analysts would disagree. The average one-year price target for the technology leader reflects a premium of nearly 28% over the current share price.\nApple is the second-most widely held stock among Robinhood investors. Why? Probably because they realize the incredible moat and growth prospects that Apple enjoys with its iPhone-centric ecosystem.\nI think this ecosystem could expand enough for Apple to hit Wall Street's price target. The increased availability of high-speed 5G wireless networks continues to fuel demand for the newer iPhone models. Apple's services and wearables revenue also continues to grow significantly.\nOver the long run, my view is that technological innovations will keep Apple among the favorite stocks for both Robinhood investors and Wall Street analysts. Look for more augmented reality functionality on the way. There's also speculation that Apple could launch a foldable iPhone in 2023. A future market cap of $3 trillion or more isn't out of the question at all.\nAmazon.com\nRobinhood investors and analysts also agree on another so-called FAANG stock--Amazon.com (NASDAQ:AMZN). The internet giant ranks as the ninth most popular stock on Robinhood. Analysts think that Amazon's share price could rise 31% over the next 12 months.\nThere are two key growth drivers that could enable Amazon to deliver that kind of growth. The company's Amazon Web Services (AWS) cloud platform continues to fire on all cylinders and is highly profitable. Amazon is also experiencing strong momentum with its digital advertising business.\nValue investor Bill Miller even thinks that these two units could account for most of Amazon's valuation within the next couple of years. He's also bullish about the company's business-to-business and logistics platforms. I suspect Miller's optimism is on point.\nDon't forget e-commerce, though. Amazon remains the biggest e-commerce company in the world. Online sales still account for less than 14% of total retail sales in the U.S. There's a lot of room for Amazon to run in its core business.\nBionano Genomics\nYou might be at least a little surprised by the third top Robinhood stock on our list that Wall Street really likes. The average price target for Bionano Genomics (NASDAQ:BNGO) is a whopping 80% higher than the stock's current price.\nBionano reported better-than-expected Q1 results in May. Revenue jumped 179% year over year to a record-high $3.2 million. Although the company remained unprofitable, its bottom line moved in the right direction.\nCustomers appear to like Bionano's Saphyr genome mapping system. As the install base grows, the company's recurring revenue from consumables grows. That's the kind of business model that investors hope could really pay off over the long run.\nBionano projects that it will have 150 Saphyr systems in the field by the end of this year, up 50% from the end of 2020. The company also anticipates receiving accreditation for additional laboratory-developed tests for Saphyr soon. Bionano is riskier than Apple or Amazon, but analysts think it could be a huge winner over the near term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119851695,"gmtCreate":1622536986517,"gmtModify":1704185848805,"author":{"id":"3582838688159375","authorId":"3582838688159375","name":"Nightwing","avatar":"https://static.tigerbbs.com/eee73b31aa0c67bc07e46fe474bb323e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582838688159375","authorIdStr":"3582838688159375"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/119851695","repostId":"1154249207","repostType":4,"repost":{"id":"1154249207","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":1622536866,"share":"https://ttm.financial/m/news/1154249207?lang=&edition=fundamental","pubTime":"2021-06-01 16:41","market":"us","language":"en","title":"Some meme stocks are flying again in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1154249207","media":"Tiger Newspress","summary":"Some meme stocks are flying again in premarket trading.AMC Entertainment,BlackBerry,Naked Brand Sundial Growers and GameStop climbed between 2% and 9%.BlackBerry Limited has overtaken GameStop Corp. and now emerged as the second-most mentioned stock just behind AMC Entertainment Holdings Inc. on Reddit’s r/WallStreetBets forum.In comparison, movie theatre chain AMC Entertainment was mentioned 723 times during the same period, while gaming retailer GameStop had 212 mentions.GameStop was mentioned","content":"<p>Some&nbsp;meme&nbsp;stocks&nbsp;are&nbsp;flying&nbsp;again&nbsp;in&nbsp;premarket&nbsp;trading.AMC&nbsp;Entertainment,BlackBerry,Naked&nbsp;Brand&nbsp;Sundial&nbsp;Growers&nbsp;and&nbsp;GameStop&nbsp;climbed between 2% and 9%.</p><p><img src=\"https://static.tigerbbs.com/6c82c880b2010d83275a42070dd76e3a\" tg-width=\"374\" tg-height=\"544\" referrerpolicy=\"no-referrer\"></p><p><b>BlackBerry Limited</b>&nbsp;has overtaken&nbsp;<b>GameStop Corp.</b>&nbsp;and now emerged as the second-most mentioned stock just behind&nbsp;<b>AMC Entertainment Holdings Inc.</b>&nbsp;on Reddit’s r/WallStreetBets forum.</p><p><b>What Happened:</b>Canada-based tech companyBlackBerry had 487 mentions on the Reddit forum during the last 24 hours, data from Quiver Quantitative showed.</p><p>In comparison, movie theatre chain AMC Entertainment was mentioned 723 times during the same period, while gaming retailer GameStop had 212 mentions.</p><p>GameStop was mentioned more frequently than BlackBerry on the Reddit forum over a seven-day period as well as over the past month, the data showed. AMC had more than 13,100 mentions during the past week, followed by GameStop with 4,271 mentions and BlackBerry with 3,450 mentions.</p><p>AMC Entertainment was mentioned more than 24,100 times during the past 30 days, followed by GameStop as the second-most talked about stock with more than 17,200 mentions. In comparison, BlackBerry trailed in sixth place with just 4,697 mentions during the period.</p><p><b>Why It Matters:</b>The stocks that were the focus of a push from retail investors on Reddit earlier this year are riding another wave higher as the ‘WSB army' continues to band together to&nbsp;force a short squeeze.</p><p>The Quiver Quantitative data shows that BlackBerry has emerged as a favorite stock of retail investors over the past week.</p><p>The meme stock rally during the past week has already resulted in year-to-date losses of more than&nbsp;$8 billion&nbsp;for short sellers — those betting for declines in the company’s shares.</p><p>GameStop stock’s year-to-date returns stand at 1,078.3%, while AMC Entertainment’s stock has returned year-to-date gains of 1,132.1%. BlackBerry’s year-to-date returns are relatively low at 51.9%.</p><p><b>Price Action:</b>BlackBerry shares closed 1% higher on Friday at $10.07. GameStop shares closed 12.6% lower on Friday at $222.00 and AMC Entertainment shares closed 1.5% lower at $26.12.</p>","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>Some meme stocks are flying again in premarket 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\">\nSome meme stocks are flying again in premarket 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\">2021-06-01 16:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some&nbsp;meme&nbsp;stocks&nbsp;are&nbsp;flying&nbsp;again&nbsp;in&nbsp;premarket&nbsp;trading.AMC&nbsp;Entertainment,BlackBerry,Naked&nbsp;Brand&nbsp;Sundial&nbsp;Growers&nbsp;and&nbsp;GameStop&nbsp;climbed between 2% and 9%.</p><p><img src=\"https://static.tigerbbs.com/6c82c880b2010d83275a42070dd76e3a\" tg-width=\"374\" tg-height=\"544\" referrerpolicy=\"no-referrer\"></p><p><b>BlackBerry Limited</b>&nbsp;has overtaken&nbsp;<b>GameStop Corp.</b>&nbsp;and now emerged as the second-most mentioned stock just behind&nbsp;<b>AMC Entertainment Holdings Inc.</b>&nbsp;on Reddit’s r/WallStreetBets forum.</p><p><b>What Happened:</b>Canada-based tech companyBlackBerry had 487 mentions on the Reddit forum during the last 24 hours, data from Quiver Quantitative showed.</p><p>In comparison, movie theatre chain AMC Entertainment was mentioned 723 times during the same period, while gaming retailer GameStop had 212 mentions.</p><p>GameStop was mentioned more frequently than BlackBerry on the Reddit forum over a seven-day period as well as over the past month, the data showed. AMC had more than 13,100 mentions during the past week, followed by GameStop with 4,271 mentions and BlackBerry with 3,450 mentions.</p><p>AMC Entertainment was mentioned more than 24,100 times during the past 30 days, followed by GameStop as the second-most talked about stock with more than 17,200 mentions. In comparison, BlackBerry trailed in sixth place with just 4,697 mentions during the period.</p><p><b>Why It Matters:</b>The stocks that were the focus of a push from retail investors on Reddit earlier this year are riding another wave higher as the ‘WSB army' continues to band together to&nbsp;force a short squeeze.</p><p>The Quiver Quantitative data shows that BlackBerry has emerged as a favorite stock of retail investors over the past week.</p><p>The meme stock rally during the past week has already resulted in year-to-date losses of more than&nbsp;$8 billion&nbsp;for short sellers — those betting for declines in the company’s shares.</p><p>GameStop stock’s year-to-date returns stand at 1,078.3%, while AMC Entertainment’s stock has returned year-to-date gains of 1,132.1%. BlackBerry’s year-to-date returns are relatively low at 51.9%.</p><p><b>Price Action:</b>BlackBerry shares closed 1% higher on Friday at $10.07. GameStop shares closed 12.6% lower on Friday at $222.00 and AMC Entertainment shares closed 1.5% lower at $26.12.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","KOSS":"高斯电子","AMC":"AMC院线","SNDL":"SNDL Inc.","SOS":"SOS Limited","EXPR":"Express, Inc.","BB":"黑莓","NKLA":"Nikola Corporation"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154249207","content_text":"Some meme stocks are flying again in premarket trading.AMC Entertainment,BlackBerry,Naked Brand Sundial Growers and GameStop climbed between 2% and 9%.BlackBerry Limited has overtaken GameStop Corp. and now emerged as the second-most mentioned stock just behind AMC Entertainment Holdings Inc. on Reddit’s r/WallStreetBets forum.What Happened:Canada-based tech companyBlackBerry had 487 mentions on the Reddit forum during the last 24 hours, data from Quiver Quantitative showed.In comparison, movie theatre chain AMC Entertainment was mentioned 723 times during the same period, while gaming retailer GameStop had 212 mentions.GameStop was mentioned more frequently than BlackBerry on the Reddit forum over a seven-day period as well as over the past month, the data showed. AMC had more than 13,100 mentions during the past week, followed by GameStop with 4,271 mentions and BlackBerry with 3,450 mentions.AMC Entertainment was mentioned more than 24,100 times during the past 30 days, followed by GameStop as the second-most talked about stock with more than 17,200 mentions. In comparison, BlackBerry trailed in sixth place with just 4,697 mentions during the period.Why It Matters:The stocks that were the focus of a push from retail investors on Reddit earlier this year are riding another wave higher as the ‘WSB army' continues to band together to force a short squeeze.The Quiver Quantitative data shows that BlackBerry has emerged as a favorite stock of retail investors over the past week.The meme stock rally during the past week has already resulted in year-to-date losses of more than $8 billion for short sellers — those betting for declines in the company’s shares.GameStop stock’s year-to-date returns stand at 1,078.3%, while AMC Entertainment’s stock has returned year-to-date gains of 1,132.1%. BlackBerry’s year-to-date returns are relatively low at 51.9%.Price Action:BlackBerry shares closed 1% higher on Friday at $10.07. GameStop shares closed 12.6% lower on Friday at $222.00 and AMC Entertainment shares closed 1.5% lower at $26.12.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3580210745866671","authorId":"3580210745866671","name":"Joliaoql","avatar":"https://static.tigerbbs.com/27dbff64a657961b90f41f9e9212a921","crmLevel":2,"crmLevelSwitch":0,"idStr":"3580210745866671","authorIdStr":"3580210745866671"},"content":"CommeT back pls","text":"CommeT back pls","html":"CommeT back pls"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114634329,"gmtCreate":1623071749261,"gmtModify":1704195423396,"author":{"id":"3582838688159375","authorId":"3582838688159375","name":"Nightwing","avatar":"https://static.tigerbbs.com/eee73b31aa0c67bc07e46fe474bb323e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582838688159375","authorIdStr":"3582838688159375"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/114634329","repostId":"1126396501","repostType":4,"repost":{"id":"1126396501","pubTimestamp":1623066356,"share":"https://ttm.financial/m/news/1126396501?lang=&edition=fundamental","pubTime":"2021-06-07 19:45","market":"us","language":"en","title":"Amazon, Google and Facebook will be hit hard by the G-7 tax deal. Here’s how they responded","url":"https://stock-news.laohu8.com/highlight/detail?id=1126396501","media":"cnbc","summary":"KEY POINTSThe G-7 backed a U.S. proposal that calls for corporations around the world to pay a minim","content":"<div>\n<p>KEY POINTSThe G-7 backed a U.S. proposal that calls for corporations around the world to pay a minimum 15% tax on profits.The reforms, if finalized, would affect the largest companies in the world ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/07/g-7-tax-deal-amazon-google-and-facebook-respond-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Amazon, Google and Facebook will be hit hard by the G-7 tax deal. Here’s how they responded</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\">\nAmazon, Google and Facebook will be hit hard by the G-7 tax deal. Here’s how they responded\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 19:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/07/g-7-tax-deal-amazon-google-and-facebook-respond-.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe G-7 backed a U.S. proposal that calls for corporations around the world to pay a minimum 15% tax on profits.The reforms, if finalized, would affect the largest companies in the world ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/07/g-7-tax-deal-amazon-google-and-facebook-respond-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.cnbc.com/2021/06/07/g-7-tax-deal-amazon-google-and-facebook-respond-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1126396501","content_text":"KEY POINTSThe G-7 backed a U.S. proposal that calls for corporations around the world to pay a minimum 15% tax on profits.The reforms, if finalized, would affect the largest companies in the world with profit margins of at least 10%.Amazon, Facebook and Google have all welcomed the historic agreement.The world’s biggest tech companies are facing a corporate tax avoidance crackdown after the Group of Seven most developed economies agreed a historic deal Saturday.The G-7 backed a U.S. proposal that calls for corporations around the world to pay a minimum 15% tax on profits. The reforms, if finalized, would affect the largest companies in the world with profit margins of at least 10%.Looking ahead, the G-7 hopes to achieve a wider agreement on the new tax proposals next month at a gathering of the expanded G-20 finance ministers.Asked whetherAmazonandFacebookwould be among the companies targeted by the proposal, U.S. Treasury Secretary Janet Yellen said she believes they would \"qualify by almost any definition.\"Here's how America's tech giants reacted to the news:AmazonAmazon said the agreement \"marks a welcome step forward\" in efforts to \"bring stability to the international tax system.\"\"We hope to see discussions continue to advance with the broader G20 and Inclusive Framework alliance,\" an Amazon spokesperson told CNBC by email.FacebookNick Clegg, Facebook's vice president for global affairs, welcomed the G-7 deal and said the social networking giant \"has long called for reform of the global tax rules.\"The agreement is a \"significant first step towards certainty for businesses and strengthening public confidence in the global tax system,\" Clegg tweeted Saturday.\"We want the international tax reform process to succeed and recognize this could mean Facebook paying more tax, and in different places.\"GoogleA spokesperson forGoogletold Sky Newsthat the company strongly supported the initiative and hoped for a \"balanced and durable\" agreement.Applewasn't immediately available for a comment on the G-7 agreement when contacted by CNBC.The tech tax debateTech giants have long been criticized for paying little in taxes despite their size. Amazon and other companies have been accused of avoiding tax by shifting revenue and profits through tax havens or low-tax countries. The companies insist they’re doing nothing wrong from a legal standpoint, which is why policymakers are calling for reforms.Amazon infamously paid no U.S. federal income tax in 2018, despite booking more than $11 billion in profits. The low tax bill stemmed largely from tax cuts in 2017, carryforward losses from years when the company wasn’t profitable, and tax credits for massive research and development investment and share-based employee compensation.Some countries, such as Britain, France and Italy, have introduced a digital services tax in an effort to rake in more cash from large tech firms. The aim was to implement a solution for the interim while global officials hash out details for international tax rules.But this has led to friction with the United States, which under President Donald Trump’s administration threatened to impose tariffs on French goods over the issue.Meanwhile, some analysts have argued the dealdoesn’t go far enough, while others said there was a long road ahead.George Dibb, head of the Centre for Economic Justice at the London-based Institute for Public Policy Research (IPPR), described the deal as a “major step forward,” but said there were still “big questions” surrounding the minimum tax level.“We would like to see something a lot closer to 25%,” he told CNBC Monday.“The Biden administration came into these negotiations with an opening offer of 21% but I think the big fight at the G-7 over Friday and Saturday was over the wording, about whether it would say ’15%′ or ‘at least 15%’ and because we have that wording now of ‘at least 15%’ the door is still open for negotiation,” he told Squawk Box Europe.","news_type":1},"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134979047,"gmtCreate":1622204384089,"gmtModify":1704181409011,"author":{"id":"3582838688159375","authorId":"3582838688159375","name":"Nightwing","avatar":"https://static.tigerbbs.com/eee73b31aa0c67bc07e46fe474bb323e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582838688159375","authorIdStr":"3582838688159375"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/134979047","repostId":"2138710402","repostType":4,"repost":{"id":"2138710402","pubTimestamp":1622202900,"share":"https://ttm.financial/m/news/2138710402?lang=&edition=fundamental","pubTime":"2021-05-28 19:55","market":"us","language":"en","title":"Why Square's Stock Is So Expensive","url":"https://stock-news.laohu8.com/highlight/detail?id=2138710402","media":"Motley Fool","summary":"Square's growing competitive advantage could justify its expense.","content":"<p>More than a year out now from the start of the pandemic,<b> Square</b>'s (NYSE:SQ) investors have prospered, benefitting from the accelerated digitization of retail, the renewed popularity of <b>Bitcoin,</b> and a relatively quick recovery in the fintech sector after the March 2020 sell-off. While the stock price increases have made Square an expensive stock, a growing competitive advantage the company is building on could help justify its expense.</p>\n<h2>Just how overpriced is Square?</h2>\n<p>By most measures, Square has become an expensive stock. It was boasting a P/E ratio of just over 305 at the time of this writing. The <b>S&amp;P 500</b>'s current P/E multiple of 45 pales in comparison, even though that index has reached multi-year highs. Square also trades far above archrival <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>'s (NASDAQ:PYPL) P/E ratio of 60.</p>\n<p>However, <a href=\"https://laohu8.com/S/AONE\">one</a> reason Square has become expensive is its performance. Square's stock price has risen by 170% over the last year, compared with just over 70% gains for PayPal. Square's return increases to 430% when compared with the March 2020 low.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57256a620ddc4332a483c2fa4ea7eedf\" tg-width=\"720\" tg-height=\"435\"><span>SQ data by YCharts</span></p>\n<p>Still, recent financials appear to not justify such an earnings multiple. An accounting rule requiring the company to count the value of Bitcoin transactions as revenue skewed revenue figures. However, when not counting Bitcoin, revenue still rose 44% in the latest quarter from year-ago levels. Moreover, the $39 million profit came in much higher than the $106 million loss in the same quarter last year.</p>\n<p>Furthermore, the stock is in recovery mode since the pandemic brought falling profits in 2020. Revenue for 2020 still increased by 17% compared with fiscal 2019. Nonetheless, the company also experienced a 47% increase in operating expenses. Even with $292 million in income from non-core sources, net income fell to $213 million, a 43% reduction from last year's levels.</p>\n<p>Outside of increases in Cash App-related profit and operating expenses, Square did not publish forward guidance. Still, the predicted 167% increase in Cash App net income for the second quarter could comfort investors who paid the stock's current valuation.</p>\n<p>Also, before the pandemic, revenue increased 43% in fiscal 2019, and Square reported its first annual profit of $375 million that year. The 2019 revenue figure comes in near the revenue increase in Q1 2021, indicating pre-pandemic growth rates have returned. Additionally, such increases have led to a forward P/E of 145, a reduction that could ease the sting of Square's current valuation.</p>\n<h2>Why investors should consider it despite the expense</h2>\n<p>Despite recovering financials, Square may justify its expensive stock through a key competitive advantage: a more comprehensive finance ecosystem. Yes, PayPal reaches over 200 countries compared to Square's current five countries. PayPal also can manage most personal finance functions between PayPal and Venmo, which competes directly with Cash App.</p>\n<p>However, Square announced that it will soon open up to sellers in Ireland. Since this could easily take Square into the 18 other European Union countries that use the euro, investors should not discount Square's international aspirations.</p>\n<p>Moreover, PayPal does not offer the equivalent of Square Register or Square Payroll to handle business transactions and payroll, respectively. This means that only Square accommodates both individuals and businesses in its ecosystem.</p>\n<p>Furthermore, the most critical business-related function may pertain to its bank charter. As a bank, Square can make business loans without bringing in a third party. Additionally, according to Bloomberg, Square will soon offer business and checking accounts, meaning businesses that want to fully embrace fintech no longer need a traditional bank. That could spell further trouble for banks if Square starts offering these services to individuals.</p>\n<p>From the stockholder's perspective, this move could also lead to charges that Square will \"take over finance.\" That fear stands little chance of becoming reality, and investors should expect some banks to adapt and survive. Nonetheless, the perception could stoke investor interest in Square that comes at the expense of banks.</p>\n<h2>Where Square stands</h2>\n<p>Indeed, Square's current earnings multiple can undoubtedly put off investors. However, with its Cash App driving triple-digit percentage income growth and its growing finance ecosystem, it appears poised to bring profound change to its industry. As conditions stand now, it could easily win business from traditional banks and bring massive transformation to the industry. As it adds customers and expands to more countries, today's stock price may not appear expensive for long.</p>","source":"fool_stock","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>Why Square's Stock Is So Expensive</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\">\nWhy Square's Stock Is So Expensive\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 19:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/28/why-squares-stock-is-so-expensive/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>More than a year out now from the start of the pandemic, Square's (NYSE:SQ) investors have prospered, benefitting from the accelerated digitization of retail, the renewed popularity of Bitcoin, and a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/28/why-squares-stock-is-so-expensive/\">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.fool.com/investing/2021/05/28/why-squares-stock-is-so-expensive/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138710402","content_text":"More than a year out now from the start of the pandemic, Square's (NYSE:SQ) investors have prospered, benefitting from the accelerated digitization of retail, the renewed popularity of Bitcoin, and a relatively quick recovery in the fintech sector after the March 2020 sell-off. While the stock price increases have made Square an expensive stock, a growing competitive advantage the company is building on could help justify its expense.\nJust how overpriced is Square?\nBy most measures, Square has become an expensive stock. It was boasting a P/E ratio of just over 305 at the time of this writing. The S&P 500's current P/E multiple of 45 pales in comparison, even though that index has reached multi-year highs. Square also trades far above archrival PayPal's (NASDAQ:PYPL) P/E ratio of 60.\nHowever, one reason Square has become expensive is its performance. Square's stock price has risen by 170% over the last year, compared with just over 70% gains for PayPal. Square's return increases to 430% when compared with the March 2020 low.\nSQ data by YCharts\nStill, recent financials appear to not justify such an earnings multiple. An accounting rule requiring the company to count the value of Bitcoin transactions as revenue skewed revenue figures. However, when not counting Bitcoin, revenue still rose 44% in the latest quarter from year-ago levels. Moreover, the $39 million profit came in much higher than the $106 million loss in the same quarter last year.\nFurthermore, the stock is in recovery mode since the pandemic brought falling profits in 2020. Revenue for 2020 still increased by 17% compared with fiscal 2019. Nonetheless, the company also experienced a 47% increase in operating expenses. Even with $292 million in income from non-core sources, net income fell to $213 million, a 43% reduction from last year's levels.\nOutside of increases in Cash App-related profit and operating expenses, Square did not publish forward guidance. Still, the predicted 167% increase in Cash App net income for the second quarter could comfort investors who paid the stock's current valuation.\nAlso, before the pandemic, revenue increased 43% in fiscal 2019, and Square reported its first annual profit of $375 million that year. The 2019 revenue figure comes in near the revenue increase in Q1 2021, indicating pre-pandemic growth rates have returned. Additionally, such increases have led to a forward P/E of 145, a reduction that could ease the sting of Square's current valuation.\nWhy investors should consider it despite the expense\nDespite recovering financials, Square may justify its expensive stock through a key competitive advantage: a more comprehensive finance ecosystem. Yes, PayPal reaches over 200 countries compared to Square's current five countries. PayPal also can manage most personal finance functions between PayPal and Venmo, which competes directly with Cash App.\nHowever, Square announced that it will soon open up to sellers in Ireland. Since this could easily take Square into the 18 other European Union countries that use the euro, investors should not discount Square's international aspirations.\nMoreover, PayPal does not offer the equivalent of Square Register or Square Payroll to handle business transactions and payroll, respectively. This means that only Square accommodates both individuals and businesses in its ecosystem.\nFurthermore, the most critical business-related function may pertain to its bank charter. As a bank, Square can make business loans without bringing in a third party. Additionally, according to Bloomberg, Square will soon offer business and checking accounts, meaning businesses that want to fully embrace fintech no longer need a traditional bank. That could spell further trouble for banks if Square starts offering these services to individuals.\nFrom the stockholder's perspective, this move could also lead to charges that Square will \"take over finance.\" That fear stands little chance of becoming reality, and investors should expect some banks to adapt and survive. Nonetheless, the perception could stoke investor interest in Square that comes at the expense of banks.\nWhere Square stands\nIndeed, Square's current earnings multiple can undoubtedly put off investors. However, with its Cash App driving triple-digit percentage income growth and its growing finance ecosystem, it appears poised to bring profound change to its industry. As conditions stand now, it could easily win business from traditional banks and bring massive transformation to the industry. As it adds customers and expands to more countries, today's stock price may not appear expensive for long.","news_type":1},"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166451580,"gmtCreate":1624023538940,"gmtModify":1703826836400,"author":{"id":"3582838688159375","authorId":"3582838688159375","name":"Nightwing","avatar":"https://static.tigerbbs.com/eee73b31aa0c67bc07e46fe474bb323e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582838688159375","authorIdStr":"3582838688159375"},"themes":[],"htmlText":"Comment &amp; like","listText":"Comment &amp; like","text":"Comment & like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/166451580","repostId":"1118271544","repostType":4,"repost":{"id":"1118271544","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":1624023029,"share":"https://ttm.financial/m/news/1118271544?lang=&edition=fundamental","pubTime":"2021-06-18 21:30","market":"us","language":"en","title":"Dow drops 400 points at the open, extending losses in its worst week since January","url":"https://stock-news.laohu8.com/highlight/detail?id=1118271544","media":"Tiger Newspress","summary":"U.S. stocks fell on Friday with the Dow Jones Industrial Average on pace to post its worst week sinc","content":"<p>U.S. stocks fell on Friday with the Dow Jones Industrial Average on pace to post its worst week since January, as bank shares led the market sell-off after the Federal Reserve's latest policy update.</p>\n<p>The blue-chip average dropped 400 points, bringing its week-to-date losses to 2.8% The S&amp;P 500 fell 0.8%, pushing its loss this week to more than 1%. The tech-heavy Nasdaq Composite dipped 0.5%.</p>\n<p>Stocks extended their losses asSt. Louis Fed President Jim Bullard said on CNBCthat it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022.</p>\n<p>Wall Street registered losses as the Federal Reserve on Wednesday afternoon added two rate hikes to its 2023 forecast and increased its inflation projection for the year.</p>\n<p>The decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve&nbsp;where the yields of shorter-duration Treasurys, like the&nbsp;2-year note, rose, while longer duration yields, such as the benchmark 10-year, fell.&nbsp;The retreat in long-dated bonds reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.</p>\n<p>This phenomenon is hurting bank stocks particularly as bank earnings could take a hit when the spread between short-term and long-term rates narrows. Goldman Sachs shares fell more than 1% Friday, while JPMorgan and Morgan Stanley also traded in the red.</p>\n<p>Fed Chairman Jerome Powell said on Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.</p>\n<p>\"Investors may be interpreting the Fed's hawkish tilt Wednesday as a sign that an extended US post-pandemic economic expansion may be a bit harder to achieve in a potentially emerging environment of less accommodative monetary policy,\" said Goldman Sachs' Chris Hussey in a note.</p>\n<p>Most commodities prices rebounded a bit on Friday followingsharp declines this week&nbsp;as China attempts to cool rising prices and the U.S. dollar strengthens. Futures prices for copper, gold, and platinum rebounded Friday, but were still down big for the week.</p>\n<p>Chip stocks, which have had a good week, looked set to continue their run on Friday with shares of Nvidia higher by about 1%.</p>\n<p>Adobe shares gained about 3% after earnings and revenue topped estimates.</p>\n<p>Friday also coincides with the quarterly \"quadruple witching\" where options and futures on indexes and equities expire. Many expect trading to be more volatile in light of this event.</p>","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>Dow drops 400 points at the open, extending losses in its worst week since January</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\">\nDow drops 400 points at the open, extending losses in its worst week since January\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\">2021-06-18 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks fell on Friday with the Dow Jones Industrial Average on pace to post its worst week since January, as bank shares led the market sell-off after the Federal Reserve's latest policy update.</p>\n<p>The blue-chip average dropped 400 points, bringing its week-to-date losses to 2.8% The S&amp;P 500 fell 0.8%, pushing its loss this week to more than 1%. The tech-heavy Nasdaq Composite dipped 0.5%.</p>\n<p>Stocks extended their losses asSt. Louis Fed President Jim Bullard said on CNBCthat it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022.</p>\n<p>Wall Street registered losses as the Federal Reserve on Wednesday afternoon added two rate hikes to its 2023 forecast and increased its inflation projection for the year.</p>\n<p>The decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve&nbsp;where the yields of shorter-duration Treasurys, like the&nbsp;2-year note, rose, while longer duration yields, such as the benchmark 10-year, fell.&nbsp;The retreat in long-dated bonds reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.</p>\n<p>This phenomenon is hurting bank stocks particularly as bank earnings could take a hit when the spread between short-term and long-term rates narrows. Goldman Sachs shares fell more than 1% Friday, while JPMorgan and Morgan Stanley also traded in the red.</p>\n<p>Fed Chairman Jerome Powell said on Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.</p>\n<p>\"Investors may be interpreting the Fed's hawkish tilt Wednesday as a sign that an extended US post-pandemic economic expansion may be a bit harder to achieve in a potentially emerging environment of less accommodative monetary policy,\" said Goldman Sachs' Chris Hussey in a note.</p>\n<p>Most commodities prices rebounded a bit on Friday followingsharp declines this week&nbsp;as China attempts to cool rising prices and the U.S. dollar strengthens. Futures prices for copper, gold, and platinum rebounded Friday, but were still down big for the week.</p>\n<p>Chip stocks, which have had a good week, looked set to continue their run on Friday with shares of Nvidia higher by about 1%.</p>\n<p>Adobe shares gained about 3% after earnings and revenue topped estimates.</p>\n<p>Friday also coincides with the quarterly \"quadruple witching\" where options and futures on indexes and equities expire. Many expect trading to be more volatile in light of this event.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118271544","content_text":"U.S. stocks fell on Friday with the Dow Jones Industrial Average on pace to post its worst week since January, as bank shares led the market sell-off after the Federal Reserve's latest policy update.\nThe blue-chip average dropped 400 points, bringing its week-to-date losses to 2.8% The S&P 500 fell 0.8%, pushing its loss this week to more than 1%. The tech-heavy Nasdaq Composite dipped 0.5%.\nStocks extended their losses asSt. Louis Fed President Jim Bullard said on CNBCthat it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022.\nWall Street registered losses as the Federal Reserve on Wednesday afternoon added two rate hikes to its 2023 forecast and increased its inflation projection for the year.\nThe decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve where the yields of shorter-duration Treasurys, like the 2-year note, rose, while longer duration yields, such as the benchmark 10-year, fell. The retreat in long-dated bonds reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.\nThis phenomenon is hurting bank stocks particularly as bank earnings could take a hit when the spread between short-term and long-term rates narrows. Goldman Sachs shares fell more than 1% Friday, while JPMorgan and Morgan Stanley also traded in the red.\nFed Chairman Jerome Powell said on Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.\n\"Investors may be interpreting the Fed's hawkish tilt Wednesday as a sign that an extended US post-pandemic economic expansion may be a bit harder to achieve in a potentially emerging environment of less accommodative monetary policy,\" said Goldman Sachs' Chris Hussey in a note.\nMost commodities prices rebounded a bit on Friday followingsharp declines this week as China attempts to cool rising prices and the U.S. dollar strengthens. Futures prices for copper, gold, and platinum rebounded Friday, but were still down big for the week.\nChip stocks, which have had a good week, looked set to continue their run on Friday with shares of Nvidia higher by about 1%.\nAdobe shares gained about 3% after earnings and revenue topped estimates.\nFriday also coincides with the quarterly \"quadruple witching\" where options and futures on indexes and equities expire. Many expect trading to be more volatile in light of this event.","news_type":1},"isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161286790,"gmtCreate":1623928806110,"gmtModify":1703823727785,"author":{"id":"3582838688159375","authorId":"3582838688159375","name":"Nightwing","avatar":"https://static.tigerbbs.com/eee73b31aa0c67bc07e46fe474bb323e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582838688159375","authorIdStr":"3582838688159375"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/161286790","repostId":"1114669610","repostType":4,"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110212788,"gmtCreate":1622458925344,"gmtModify":1704184700332,"author":{"id":"3582838688159375","authorId":"3582838688159375","name":"Nightwing","avatar":"https://static.tigerbbs.com/eee73b31aa0c67bc07e46fe474bb323e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582838688159375","authorIdStr":"3582838688159375"},"themes":[],"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/110212788","repostId":"1199344801","repostType":4,"isVote":1,"tweetType":1,"viewCount":774,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113494305,"gmtCreate":1622631715707,"gmtModify":1704187680918,"author":{"id":"3582838688159375","authorId":"3582838688159375","name":"Nightwing","avatar":"https://static.tigerbbs.com/eee73b31aa0c67bc07e46fe474bb323e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582838688159375","authorIdStr":"3582838688159375"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/113494305","repostId":"1169477862","repostType":4,"repost":{"id":"1169477862","pubTimestamp":1622626851,"share":"https://ttm.financial/m/news/1169477862?lang=&edition=fundamental","pubTime":"2021-06-02 17:40","market":"us","language":"en","title":"Sundial Growers or Indiva: Which is the Better Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1169477862","media":"InvestorPlace","summary":"SNDL stock remains a tough buy call despite some of its moves in 2021\nAt the beginning of May, I sai","content":"<p>SNDL stock remains a tough buy call despite some of its moves in 2021</p>\n<p>At the beginning of May, I said that&nbsp;<b>Sundial Growers</b>&nbsp;(NASDAQ:<b><u>SNDL</u></b>) wasn’t the best cannabis stock to buy based in Alberta. Rather than buy SNDL stock, I suggested investors consider&nbsp;<b>High Tide</b>&nbsp;(OTCMKTS:<b><u>HITID</u></b>) instead.</p>\n<p>Alas, a piece of news I overlooked when writing my&nbsp;May commentary&nbsp;could change my perception of Sundial.</p>\n<p>How so, you ask?</p>\n<p>I neglected to consider the company’s February investment and loan arrangement with London, Ontario-based&nbsp;<b>Indiva Ltd.</b>&nbsp;(OTCMKTS:<b><u>NDVAF</u></b>). Sundial bought&nbsp;25 million&nbsp;Indiva shares at 44 cents CAD for an 11 million CAD investment in that deal. At the same time, it lent Indiva 11 million CAD at 9% interest. The loan matures on Feb. 23, 2024.</p>\n<p>For Sundial, it gets 18.45% of Indiva and almost 1 million CAD in annual interest payments. For Indiva, it gets expansion capital to grow its strong line of edibles, pre-rolls, flower and capsules.It’s a win/win.</p>\n<p>This, along with the May 5 news that&nbsp;Sundial would buy&nbsp;<b>Inner Spirit Holdings</b>&nbsp;(OTCMKTS:<b><u>INSHF</u></b>) for 131 million CAD ($108.5 million) in cash and stock, has me wondering if Sundial isn’t a good buy after all.</p>\n<p>While I am sold on Indiva’s edibles, I could have my cake and eat it too by buying Sundial stock, which would give me an indirect piece of Indiva.</p>\n<p>Should investors buy Sundial or Indiva? I’ll consider both sides of the argument.</p>\n<p><b>SNDL Stock and Retail Expansion</b></p>\n<p>Sundial paid 30 cents CAD in cash and issued 0.0835 of its shares for every Inner Spirit share. That’s the equivalent of 39 cents CAD, a 63% premium to the closing price the day before its announcement in May.</p>\n<p>Inner Spirit operates 86 cannabis stores across Canada under the Spiritleaf brand. It plans to open more than&nbsp;30 stores&nbsp;in 2021. By the end of the year, it will have stores in six Canadian provinces, including Alberta, British Columbia, Saskatchewan, Manitoba, Ontario, and Newfoundland and Labrador.</p>\n<p>Where I live in Nova Scotia, cannabis retail is controlled exclusively by the provincial government. Whereas, in Newfoundland, the government has gone with a hybrid system where Newfoundland and Labrador Liquor Corp. (NLC), a provincial crown corporation, controls the&nbsp;supply and distribution&nbsp;of cannabis in the province. It also regulates the private companies who obtained licenses to retail cannabis in the province.</p>\n<p>The NLC recently revealed some of the&nbsp;private retailers&nbsp;newly approved to sell cannabis. It plans to increase the number of stores in certain communities where demand justifies further expansion. Spiritleaf currently has three stores in Newfoundland.</p>\n<p><b>Spiritleaf’s Growth in Sales</b></p>\n<p>Interestingly, Spiritleaf has developed&nbsp;a franchise, asset-light business model&nbsp;that will expand much more quickly and with lower capital investment requirements. Its stores sell many of Canada’s best cannabis brands.</p>\n<p>In 2020, Spiritleaf had annua&nbsp;lsystem-wide retail sales&nbsp;of 105.3 million CAD, up from 29.4 million CAD a year earlier. After subtracting sales from its franchise stores, it generated 26.8 million CAD in 2020, up from 7.8 million CAD in 2019.</p>\n<p>It ended 2020 with 13 corporate stores and 55 franchise stores. By the end of March, it had 18 corporate stores open and eight pending, with 63 franchise stores open and another 27 pending, for 116.</p>\n<p>Based on system-wide sales, the average store generated 1.55 million CAD in 2020 (105.3 million CAD divided by 68 stores). It’s probably higher because I’m using the number at the end of the year. If I take the numbers at the beginning and end of 2020, I get 1.91 million CAD per store.</p>\n<p>As for Spiritleaf’s member benefits program, it gained 230,000 members from December 2019 through March 2021. That, too, is impressive.</p>\n<p>Based on 2020 adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of 3.4 million CAD ($2.8 million), Sundial is paying 39x adjusted EBITDA for Inner Spirit.</p>\n<p>By the end of 2021, I wouldn’t be surprised if that multiple was cut in half as Spiritleaf generates more revenue and greater non-GAAP profitability.</p>\n<p><b>What About Indiva?</b></p>\n<p>Between its Bhang chocolate and Wana gummies edibles – it has the&nbsp;Canadian manufacturing and distribution rights– Indiva has&nbsp;46% of the edibles market&nbsp;in Canada. That’s got to be worth something.</p>\n<p>Sundial paid 44 cents CAD per share for its 18.45% interest in Indiva, so it’s currently breaking even. Based on its February investment, Indiva was valued at 60 million CAD ($49.7 million). Indiva had adjusted EBITDA in 2020 of -4.5 million CAD ($2.8 million). It’s got a ways to go before it’s making money.</p>\n<p>Both Indiva and Sundial have their pros and cons.</p>\n<p>I’m not sure Sundial paying almost 40x adjusted EBITDA was a good move. Sure, it’s now the largest private cannabis retailer in Canada, but with several provinces opting out of private ownership, its expansion possibilities will begin to dwindle at some point.</p>\n<p>As for Indiva, getting the Canadian rights to Wana was brilliant. However, Canada has a relatively small domestic adult-use cannabis market. The owners of Wana in the U.S. have a much bigger opportunity. Canada was probably an afterthought for them.</p>\n<p><b>More Intrigued About SNDL Stock</b></p>\n<p>While I’m more intrigued about Sundial than I was a month ago, I will have to study its business a little more before becoming a convert. As for Indiva, I love its branding. I think that will take it far in the Canadian market.</p>\n<p>At this point, if I were making a speculative bet, despite losing money, I’d choose Indiva. If that changes, you’ll be the first to know.</p>","source":"lsy1606302653667","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>Sundial Growers or Indiva: Which is the Better Buy?</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\">\nSundial Growers or Indiva: Which is the Better Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/sundial-growers-sndl-stock-or-indiva-which-is-the-better-buy/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SNDL stock remains a tough buy call despite some of its moves in 2021\nAt the beginning of May, I said that Sundial Growers (NASDAQ:SNDL) wasn’t the best cannabis stock to buy based in Alberta. Rather ...</p>\n\n<a href=\"https://investorplace.com/2021/06/sundial-growers-sndl-stock-or-indiva-which-is-the-better-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NDVAF":"Indiva Ltd.","SNDL":"SNDL Inc."},"source_url":"https://investorplace.com/2021/06/sundial-growers-sndl-stock-or-indiva-which-is-the-better-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169477862","content_text":"SNDL stock remains a tough buy call despite some of its moves in 2021\nAt the beginning of May, I said that Sundial Growers (NASDAQ:SNDL) wasn’t the best cannabis stock to buy based in Alberta. Rather than buy SNDL stock, I suggested investors consider High Tide (OTCMKTS:HITID) instead.\nAlas, a piece of news I overlooked when writing my May commentary could change my perception of Sundial.\nHow so, you ask?\nI neglected to consider the company’s February investment and loan arrangement with London, Ontario-based Indiva Ltd. (OTCMKTS:NDVAF). Sundial bought 25 million Indiva shares at 44 cents CAD for an 11 million CAD investment in that deal. At the same time, it lent Indiva 11 million CAD at 9% interest. The loan matures on Feb. 23, 2024.\nFor Sundial, it gets 18.45% of Indiva and almost 1 million CAD in annual interest payments. For Indiva, it gets expansion capital to grow its strong line of edibles, pre-rolls, flower and capsules.It’s a win/win.\nThis, along with the May 5 news that Sundial would buy Inner Spirit Holdings (OTCMKTS:INSHF) for 131 million CAD ($108.5 million) in cash and stock, has me wondering if Sundial isn’t a good buy after all.\nWhile I am sold on Indiva’s edibles, I could have my cake and eat it too by buying Sundial stock, which would give me an indirect piece of Indiva.\nShould investors buy Sundial or Indiva? I’ll consider both sides of the argument.\nSNDL Stock and Retail Expansion\nSundial paid 30 cents CAD in cash and issued 0.0835 of its shares for every Inner Spirit share. That’s the equivalent of 39 cents CAD, a 63% premium to the closing price the day before its announcement in May.\nInner Spirit operates 86 cannabis stores across Canada under the Spiritleaf brand. It plans to open more than 30 stores in 2021. By the end of the year, it will have stores in six Canadian provinces, including Alberta, British Columbia, Saskatchewan, Manitoba, Ontario, and Newfoundland and Labrador.\nWhere I live in Nova Scotia, cannabis retail is controlled exclusively by the provincial government. Whereas, in Newfoundland, the government has gone with a hybrid system where Newfoundland and Labrador Liquor Corp. (NLC), a provincial crown corporation, controls the supply and distribution of cannabis in the province. It also regulates the private companies who obtained licenses to retail cannabis in the province.\nThe NLC recently revealed some of the private retailers newly approved to sell cannabis. It plans to increase the number of stores in certain communities where demand justifies further expansion. Spiritleaf currently has three stores in Newfoundland.\nSpiritleaf’s Growth in Sales\nInterestingly, Spiritleaf has developed a franchise, asset-light business model that will expand much more quickly and with lower capital investment requirements. Its stores sell many of Canada’s best cannabis brands.\nIn 2020, Spiritleaf had annua lsystem-wide retail sales of 105.3 million CAD, up from 29.4 million CAD a year earlier. After subtracting sales from its franchise stores, it generated 26.8 million CAD in 2020, up from 7.8 million CAD in 2019.\nIt ended 2020 with 13 corporate stores and 55 franchise stores. By the end of March, it had 18 corporate stores open and eight pending, with 63 franchise stores open and another 27 pending, for 116.\nBased on system-wide sales, the average store generated 1.55 million CAD in 2020 (105.3 million CAD divided by 68 stores). It’s probably higher because I’m using the number at the end of the year. If I take the numbers at the beginning and end of 2020, I get 1.91 million CAD per store.\nAs for Spiritleaf’s member benefits program, it gained 230,000 members from December 2019 through March 2021. That, too, is impressive.\nBased on 2020 adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of 3.4 million CAD ($2.8 million), Sundial is paying 39x adjusted EBITDA for Inner Spirit.\nBy the end of 2021, I wouldn’t be surprised if that multiple was cut in half as Spiritleaf generates more revenue and greater non-GAAP profitability.\nWhat About Indiva?\nBetween its Bhang chocolate and Wana gummies edibles – it has the Canadian manufacturing and distribution rights– Indiva has 46% of the edibles market in Canada. That’s got to be worth something.\nSundial paid 44 cents CAD per share for its 18.45% interest in Indiva, so it’s currently breaking even. Based on its February investment, Indiva was valued at 60 million CAD ($49.7 million). Indiva had adjusted EBITDA in 2020 of -4.5 million CAD ($2.8 million). It’s got a ways to go before it’s making money.\nBoth Indiva and Sundial have their pros and cons.\nI’m not sure Sundial paying almost 40x adjusted EBITDA was a good move. Sure, it’s now the largest private cannabis retailer in Canada, but with several provinces opting out of private ownership, its expansion possibilities will begin to dwindle at some point.\nAs for Indiva, getting the Canadian rights to Wana was brilliant. However, Canada has a relatively small domestic adult-use cannabis market. The owners of Wana in the U.S. have a much bigger opportunity. Canada was probably an afterthought for them.\nMore Intrigued About SNDL Stock\nWhile I’m more intrigued about Sundial than I was a month ago, I will have to study its business a little more before becoming a convert. As for Indiva, I love its branding. I think that will take it far in the Canadian market.\nAt this point, if I were making a speculative bet, despite losing money, I’d choose Indiva. If that changes, you’ll be the first to know.","news_type":1},"isVote":1,"tweetType":1,"viewCount":451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132735856,"gmtCreate":1622114489675,"gmtModify":1704179699482,"author":{"id":"3582838688159375","authorId":"3582838688159375","name":"Nightwing","avatar":"https://static.tigerbbs.com/eee73b31aa0c67bc07e46fe474bb323e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582838688159375","authorIdStr":"3582838688159375"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132735856","repostId":"1149867313","repostType":4,"isVote":1,"tweetType":1,"viewCount":436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}