Marin Software (NASDAQ:) stock is part of a rare breed: tech companies that haven't benefited from the work-from-home trend. Up until last month, MRIN stock was flat on the year and barely had a pulse despite the enthusiasm for most software companies. Marin's 2020 is part of a larger trend.
Q1 and Q2 hit Magnite ( MGNI) hard. Growth decelerated to almost single digits from 30%+ rates a year ago. Uncertainties and risks surrounding the merger caused the market to sell the stock off to as low as $4/share from $11/share. Our previous analysis showed why the situation created a very attractive entry point at $7.50/share.
In this episode of Motley Fool Money : Earnings-palooza! Chris Hill chats with Motley Fool analysts Jason Moser, Ron Gross, and Andy Cross, about the latest headlines and earnings reports from Wall Street. They discuss the latest unemployment numbers, a market rebound, and the election. Ridesharing stocks rally after passage of important legislation.
Chaos in the advertising industry during the COVID-19 pandemic and a push for diversity across companies has paid off for some companies such as Centro and The Trade Desk, catching the tailwind of year-end budgets with creative thinking and restructuring their business models.
The Trade Desk stock hit a new 52-week high Friday afternoon, surging more than 25% after reporting third-quarter earnings Thursday that showed evidence of a rebound of advertising spend on its platform and growth in its connected TV business.
Chaos in the advertising industry during the COVID-19 pandemic and a push for diversity across companies has paid off for some companies such as Centro and The Trade Desk, catching the tailwind of year-end budgets with creative thinking and restructuring their business models.
Magnite (NASDAQ: MGNI) is up 10.5% today as B. Riley FBR maintains its Buy rating - part of a positive reaction among advertising technology stocks to The Trade Desk's ( TTD +26.9%) stellar earnings. Magnite's connected TV segment is well positioned to take advantage of the ad spending acceleration that was made clear by The Trade Desk's rpeort, B.
Trade Desk (NASDAQ: TTD) showed a loss in earnings since Q2, totaling $42.78 million. Sales, on the other hand, increased by 55.08% to $216.11 million during Q3. Trade Desk collected $139.35 million in revenue during Q2, but reported earnings showed a $15.77 million loss.
Gainers: Mogo (NASDAQ:MOGO) +47%. nLIGHT (NASDAQ:LASR) +27%. The Trade Desk (NASDAQ:TTD) +27%. Appian (NASDAQ:APPN) +24%. Ubiquiti (NYSE:UI) +22%. Losers:
Stocks were falling Friday, as the U.S. added more jobs than expected in October, coronavirus cases were spiking, and the U.S. presidential election remained undecided. Here are some of the five top stock gainers for Friday: Modine Manufacturing was climbing after the vehicle parts maker beat Wall Street's second-quarter earnings and revenue expectations.
Week 3 of earnings season brought with it some telling disclosures about online travel and video ad spend, 5G chip sales and e-commerce and payments activity, among other things. Here's a recap of some notable things that were shared over the last few days by reporting tech companies.
Company-wide advertising -- while still affected by issues arising from the COVID-19 pandemic -- sank 6% to $2.19 billion in the July through September period.
LOS ANGELES, United States: QY Research has recently published a research report titled, "Global Programmatic Marketing/Advertising Market Report, History and Forecast 2015-2026, Breakdown Data by Companies, Key Regions, Types and Application ". This report has been prepared by experienced and knowledgeable market analysts and researchers.
AudioCodes (AUDC) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discov
MELBOURNE (Reuters Breakingviews) - Macquarie takes great pride in being a financial supermarket. Boss Shemara Wikramanayake emphasised the benefits of variety again even as her Australian conglomerate suffered a 32% decline in half-year net profit, which included a rare loss in investment banking. The pandemic is stretching what has been a successful business model to its limits.
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, gro
LOS ANGELES, United States: QY Research has recently published a research report titled, "Global Digital Ad Platforms Market Report, History and Forecast 2015-2026, Breakdown Data by Companies, Key Regions, Types and Application ". This report has been prepared by experienced and knowledgeable market analysts and researchers.
LOS ANGELES, United States: QY Research has recently published a research report titled, "Global Demand-Side Platform Systems Market Report, History and Forecast 2015-2026, Breakdown Data by Companies, Key Regions, Types and Application ". This report has been prepared by experienced and knowledgeable market analysts and researchers.