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$GameStop (GME.US)$ is seeing a jump in demand for put options that could protect the shareholder against an extended stock slump after the company's quarterly revenue missed analysts' estimates.
The stock plunged 15% to $19.93 Wednesday after the videogame retailer reported that second quarter sales declined to $798 million, from $1.16 billion a year earlier. That missed the average estimate of $895.7 billion expected by two analy...
The stock plunged 15% to $19.93 Wednesday after the videogame retailer reported that second quarter sales declined to $798 million, from $1.16 billion a year earlier. That missed the average estimate of $895.7 billion expected by two analy...
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$Grab Holdings (GRAB.US)$
Benchmark analyst Fawne Jiang maintained GRAB with a Buy and raised the price target from $4 to $6.
GRAB posted solid results for 2Q23 and revised their full-year guidance positively.
- Profitability Outlook: GRAB now targets breakeven in 3Q23, improving from the previous 4Q23 projection.
- Market Leadership and Margins: GRAB is a market leader and near its steady-s...
Benchmark analyst Fawne Jiang maintained GRAB with a Buy and raised the price target from $4 to $6.
GRAB posted solid results for 2Q23 and revised their full-year guidance positively.
- Profitability Outlook: GRAB now targets breakeven in 3Q23, improving from the previous 4Q23 projection.
- Market Leadership and Margins: GRAB is a market leader and near its steady-s...
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