Trust the Process -- This Stock Dropped by Over 40% in 2023, but Its Business Is Doing Quite Well [Yahoo! Finance]
Boston Omaha Corporation Class A (BOC)
Company Research
Source: Yahoo! Finance
While the S&P 500 index generated a 26% total return for the year, Boston Omaha's stock fell by more than 40%. To be sure, the stock didn't drop for no reason. There are some parts of the business that are sensitive to interest rates, and the company's billboard business depends on advertiser demand and strong economic conditions, just to name a couple of examples. But the stock is now trading for a discount to book value, a level it didn't even reach in the depths of the COVID-19 crash. If you aren't familiar, Boston Omaha is a holding company with four subsidiary businesses. It owns a billboard advertising business (Link Media), several fiber broadband businesses, a surety insurance company (General Indemnity), and also owns several minority investments and an asset management business under its fourth segment, Boston Omaha Asset Management, or BOAM. The numbers tell a different story There are some legitimate concerns about Boston Omaha's business. Progress in Boston Omaha
Show less
Read more
Impact Snapshot
Event Time:
BOC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BOC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BOC alerts
High impacting Boston Omaha Corporation Class A news events
Weekly update
A roundup of the hottest topics
BOC
News
- Boston Omaha Corporation Announces Rescheduling of 2024 Annual Meeting of Stockholders [Yahoo! Finance]Yahoo! Finance
- Boston Omaha Corporation Announces Rescheduling of 2024 Annual Meeting of StockholdersBusiness Wire
- General Indemnity Group Releases Strong FY 2023 Financial Results Showing Growth, Adds New Management to the Team [Yahoo! Finance]Yahoo! Finance
- General Indemnity Group Releases Strong FY 2023 Financial Results Showing Growth, Adds New Management to the TeamAccesswire
- Boston Omaha 2023 Recap: Solid Results With Some Big Question Marks [Yahoo! Finance]Yahoo! Finance
BOC
Sec Filings
- 4/23/24 - Form 8-K
- 4/5/24 - Form 8-K
- 4/4/24 - Form 4
- BOC's page on the SEC website