Apple consensus estimates may decrease due to the possibility of weaker demand from China, said Jim Suva, a director and senior analyst at Citi, according to reports. Suva said sales of the electronic giant “could be cut in half,” owing to a “less favorable brand image.”...
Lyft shares continue to fall below their opening day price, and on Wednesday (May 8) they dropped almost 11 percent to a new record low after the company posted a big Q1 loss, according to a report by Reuters. The news puts even more pressure...
Shares of Lyft increased as much as 4 percent on Friday (April 5) after short-seller Citron Research recommended that investors hold on to the stock. Lyft made its debut as a publicly traded company at the end of March, and saw shares slump in April...
There is a time for everything under the sun – a time to be born and a time to die. According to Wareable, the Fossil watch company is hoping it doesn’t fall on the latter side of that proverbial balance sheet after seeing a 13...
November 16, 2022
Muddy Waters Capital has unveiled a short of Uruguay-based, U.S.-listed payments company dLocal Ltd. (DLO) in a report that drew a swift response from the firm. In the report released Wednesday (Nov. 16), Muddy Waters Capital said dLocal has reported a rate of growth and profitability that makes it an “outlier.” “While we have found […]
July 02, 2019
Apple consensus estimates may decrease due to the possibility of weaker demand from China, said Jim Suva, a director and senior analyst at Citi, according to reports. Suva said sales of...
May 08, 2019
Lyft shares continue to fall below their opening day price, and on Wednesday (May 8) they dropped almost 11 percent to a new record low after the company posted a...
April 05, 2019
Shares of Lyft increased as much as 4 percent on Friday (April 5) after short-seller Citron Research recommended that investors hold on to the stock. Lyft made its debut as...
