Morning Movers Gapping up $Eli Lilly and Co (LLY.US)$shares rose 2% after a panel of FDA advisors recommended the approval of its Alzheimer's drug known as donanemab. $General Motors (GM.US)$The automaker's stock added more than 1% after its board authorized a $6 billion stock buyback program. $Shopify (SHOP.US)$The e-commerce stock rose about 1% after JPMorgan initiated coverage with an overweight rating, stating that the recen...
Morning Movers Gapping up $Reddit (RDDT.US)$stock increased by 12% as the company announced a partnership with OpenAI to incorporate its content into the AI firm's products. $Tesla (TSLA.US)$'s stock inched up 0.1% following reports that the company is advancing its use of China-collected data to enhance the development of its autonomous driving technology globally. $Boeing (BA.US)$'s stock saw a modest uptick of 0.2% ahead o...
Recent insider selling at DXC Technology, along with no insider buying in the past year, raises caution. Despite a reasonable degree of alignment due to insider ownership, the absence of insider buying and recent selling prompts caution about the company.
DXC Technology's CEO, Raul Fernandez, is thrilled about Fawcett's appointment, emphasizing his extensive technology and software experience. Fernandez is confident that Fawcett's experience will be instrumental for DXC's upcoming growth phase.
The company's significant liabilities and EBIT loss of US$790m over the last year raise concerns about its financial health. Without near-term improvements, the stock is considered risky.
Despite the CEO's modest remuneration, the company's ability to grow earnings going forward is questionable. The stock appears risky and requires thorough research before investing.
DXC Technology's low P/S ratio indicates poor revenue performance and future expectations. Without major changes, a significant stock price rise is unlikely. The weak revenue outlook pressures the stock.
The continuous price drop, coupled with falling revenue, has made investors wary and has pointed to a generally unattractive investment. However, contrarian investors might see this as an opportunity if they can predict improvements in the near future.
DXC Technology Stock Forum
Gapping up
$Eli Lilly and Co (LLY.US)$ shares rose 2% after a panel of FDA advisors recommended the approval of its Alzheimer's drug known as donanemab.
$General Motors (GM.US)$ The automaker's stock added more than 1% after its board authorized a $6 billion stock buyback program.
$Shopify (SHOP.US)$ The e-commerce stock rose about 1% after JPMorgan initiated coverage with an overweight rating, stating that the recen...
Gapping up
$Reddit (RDDT.US)$ stock increased by 12% as the company announced a partnership with OpenAI to incorporate its content into the AI firm's products.
$Tesla (TSLA.US)$ 's stock inched up 0.1% following reports that the company is advancing its use of China-collected data to enhance the development of its autonomous driving technology globally.
$Boeing (BA.US)$ 's stock saw a modest uptick of 0.2% ahead o...
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