$loanDepot (LDI.US)$ Positive Return to profitability with $3M net income vs $34.3M loss year-over-year Revenue increased 18% to $315M year-over-year Record gain on sale margin of 329 basis points since market downturn Loan origination volume up 9% to $6.7B year-over-year Strong liquidity position with $483M cash balance Negative 60+ days delinquency rate increased to 1.4% from 0.9% year-over-year Total equity declined 23% to $592M year-over-year Servicing portfolio decreased 20.2% year-ov...
$Zillow-A (ZG.US)$,$Redfin (RDFN.US)$and other real-estate stocks rose Wednesday, apparently gaining ground on hopes for lower mortgage rates following a weaker-than-expected that May Consumer Price Index. Home-buying platform Zillow led the sector higher, adding 12.2% to trade at $46.85 shortly before 11:30 a.m. ET. Other large percentage gainers as of that hour included: -- Real-estate broker...
Hsieh is selling the house because he plans to build a larger home, suggesting a continued bullish trend in the luxury home market. The high listing price may impact the perception of the Las Vegas real estate market's robustness.
Gapping up $Uber Technologies (UBER.US)$+2% (A Bloomberg report that Uber is considering spinning off its freight logistics division. The freight unit had $1.5 billion of revenue in the fourth quarter.) $Hilton Worldwide (HLT.US)$+1.02% (Barclays upgraded the stock to overweight from equal weight, saying the company can weather macro challenges better than its peers. ) $Asana (ASAN.US)$+23% (Chairman and CEO Dustin Moskovitz, the company...
$Uber Technologies (UBER.US)$— The ride-sharing platform's shares gained 2.5% after Bloomberg reported that the company is weighing a potential spinoff of its freight logistics unit. $Silvergate Capital (SI.US)$— Shares slid 36% after the company announced it will wind down operations and liquidate Silvergate Bank. The news comes about a week after the bank warned it may not be able to continue operating and follows a series of financial challenges an...
Stock_Drift OP Krystian 1983 : What’s down 30%?
Stock_Drift OP Krystian 1983 : Ask the market. I don’t control it, just report it.
Stock_Drift OP Krystian 1983 : Like a lot of them. $Maxeon Solar Technologies (MAXN.US)$ for example.
Krystian 1983 Stock_Drift OP : I Will try to report That
thanks you
Stock_Drift OP Krystian 1983 : Sorry. The market does what it does, even the best DD doesn’t always produce.
View more comments...