Friday, June 25, 2021

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Nike Shares Surge After Sneaker Maker Forecasts Full-Year Sales Of $50 Billion

Nike shares are up more than 13% this morning to a new record high after the sneaker maker forecast full-year sales topping $50 billion for the first time, benefiting from rebounding growth in North America. The company also reported better-than-expected fourth quarter earnings, posting earnings per share of $0.93 on revenue of $12.34 billion versus estimates for earnings per share of $0.51 on reven...

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Inspired Entertainment Inc (NASDAQ: INSE): Inspired Entertainment announced yesterday that it has joined with OPAP S.A., the leading Greek betting and lottery operator, to launch V-Play Soccer 3.0 and Matchday 3.0 with enhanced graphics, new features and European Tournament, which offers never-before-seen functionality, across OPAP’s retail estate throughout Greece. “We are thr...

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Do PAA’s fundamentals support its value proposition?

Even while COVID-19 will continue to be an issue throughout the year, there has been enough progress seen in terms of vaccinations and reduced infections and hospitalizations for states to ease restrictions on social gatherings and activities and for much of corporate America to begin shifting workplace models again from the all-in, work-from-home remote basis to back-in-office or some hybrid mix of the two. Along with indications that travel demand is increasing, that means that the producti...

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Smart Sand, Inc., an integrated frac sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also operates SmartSystems, a wellsite proppant storage solution; and offers logistics services. The company sells its products primarily to oil and natural gas exploration and production companies, and oilfield service companies. As of December 31, 2020, it ha...

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Investing is Inherently Risky - There are risks inherent in all investments, which may make such investments unsuitable for certain persons. These include, for example, economic, political, currency exchange, rate fluctuations, and limited availability of information on international securities. You may lose all of your money trading and investing. Do NOT enter any trade without fully understanding the worst-case scenarios of that trade. And do NOT trade with money you cannot afford to lose. Past performance of an investment is not necessarily indicative of its future results. No assurance can be given that any implied recommendation will be profitable or will not be subject to losses.

                  

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