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Parent of CycleBar, Pure Barre fitness studios sees shares whipsaw after CEO ousted, federal probe disclosed https://www.cnbc.com/2024/05/13/xponential-fitness-sees-stock-whipsaw-after-ceo-ousted.html May 13, 2024 - The parent company of CycleBar and Pure Barre studios said CEO Anthony Geisler would be suspended indefinitely and also disclosed a federal investigation.
Avadel gains for a second day as analysts see it prevailing in case vs Jazz/FDA https://seekingalpha.com/news/4105409-avadel-gains-for-a-second-day-as-analysts-see-it-prevailing-in-case-vs-jazzfda?source=feed_sector_healthcare May 13, 2024 - Avadel Pharmaceuticals (AVDL) gains 17% after hearing on dispute over FDA approval for sleep disorder drug amidst patent conflict with Jazz Pharmaceuticals...
ZIM Integrated surges as analysts see container shipping stocks continuing higher https://seekingalpha.com/news/4105249-zim-integrated-surges-as-analysts-see-container-shipping-stocks-continuing-higher?source=feed_tag_israel May 13, 2024 - Container shipping companies are experiencing high momentum as freight rates surge, with shares of ZIM Integrated and A.P. Moller scoring big gains. Read more here.
U.S. Stocks Seeing Modest Strength, Dow Higher For Ninth Straight Session https://www.rttnews.com/story.aspx?Id=3447394 May 13, 2024 - Stocks have moved modestly higher during trading on Monday, adding to the strong gains posted last week. The major averages have all moved to the upside on the day, although buying interest has remained somewhat subdued. The modest strength on Wall Street comes as stocks continue to benefit from recent upward momentum, which has led to an eight-day winning streak for the Dow.
Wall Street Analysts See a 34.27% Upside in SolarWinds (SWI): Can the Stock Really Move This High? https://www.zacks.com/stock/news/2272872/wall-street-analysts-see-a-34-27-upside-in-solarwinds-swi-can-the-stock-really-move-this-high?cid=CS-ZC-FT-tale_of_the_tape|consensus_price_target-2272872 May 13, 2024 - The mean of analysts' price targets for SolarWinds (SWI) points to a 34.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Wall Street Analysts See a 78.65% Upside in IonQ (IONQ): Can the Stock Really Move This High? https://www.zacks.com/stock/news/2272875/wall-street-analysts-see-a-78-65-upside-in-ionq-ionq-can-the-stock-really-move-this-high?cid=CS-ZC-FT-tale_of_the_tape|consensus_price_target-2272875 May 13, 2024 - The consensus price target hints at a 78.7% upside potential for IonQ (IONQ). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Wall Street Analysts See a 39.04% Upside in Bumble (BMBL): Can the Stock Really Move This High? https://www.zacks.com/stock/news/2272878/wall-street-analysts-see-a-39-04-upside-in-bumble-bmbl-can-the-stock-really-move-this-high?cid=CS-ZC-FT-tale_of_the_tape|consensus_price_target-2272878 May 13, 2024 - The average of price targets set by Wall Street analysts indicates a potential upside of 39% in Bumble (BMBL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Wall Street Analysts See Home Depot (HD) as a Buy: Should You Invest? https://www.zacks.com/stock/news/2272737/wall-street-analysts-see-home-depot-hd-as-a-buy-should-you-invest?cid=CS-ZC-FT-fundamental_analysis|average_broker_rating-2272737 May 13, 2024 - Based on the average brokerage recommendation (ABR), Home Depot (HD) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Wall Street Analysts See AppLovin (APP) as a Buy: Should You Invest? https://www.zacks.com/stock/news/2272740/wall-street-analysts-see-applovin-app-as-a-buy-should-you-invest?cid=CS-ZC-FT-fundamental_analysis|average_broker_rating-2272740 May 13, 2024 - According to the average brokerage recommendation (ABR), one should invest in AppLovin (APP). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Sweetgreen sees 5% same-store sales increases amid rising labor costs in California https://www.nrn.com/fast-casual/sweetgreen-sees-5-same-store-sales-increases-amid-rising-labor-costs-california May 10, 2024 - Restaurant executives still believe Infinite Kitchens are the future for the company’s models and plan to retrofit several in 2024

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