The close: TSX reverses losses to end higher, led by tech and cannabis [Toronto Globe and Mail (Ontario, Canada)]
Docebo Inc. - Common Shares (DCBO)
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Source: Toronto Globe and Mail
Canada’s main stock index reversed early losses to close higher on Wednesday following choppy trading, as growth sectors including technology and cannabis rose, offsetting declines in utilities and materials. Wall Street ended higher as well, lifted by gains in Nvidia and other tech stocks, while Gap and Nordstrom shares tumbled following weak quarterly reports. Nordstrom tumbled 29% and Gap slid 24%, after the two retailers reported weak quarterly results and warned of supply chain problems ahead of the crucial U.S. holiday shopping season. Nvidia rallied 2.9% as it bounced back from a selloff in Big Tech stocks early this week. The graphics chipmaker is now up about 150% in 2021. The Toronto Stock Exchange’s S&P/TSX composite index closed up 94.66 points, or 0.4%, at 21,548.43, led by technology and healthcare, which rose 1.8% and 1.7%, respectively. Cloud-based learning management provider Docebo Inc was the biggest gainer, rising 6%, with Lightspeed Commerce and Shopify Inc also a
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News
- Next Gen Learning Management System (LMS) for Higher Education: Global Market Analysis and Outlook (2024-2028) by Application, Deployment and Region [Yahoo! Finance]Yahoo! Finance
- Docebo (DCBO) Upgraded to Strong Buy: Here's Why [Yahoo! Finance]Yahoo! Finance
- Docebo Inc. (NASDAQ: DCBO) had its price target lowered by analysts at Morgan Stanley from $67.00 to $65.00. They now have an "overweight" rating on the stock.MarketBeat
- Thursday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Docebo to Host First Quarter Fiscal 2024 Conference CallBusiness Wire
DCBO
Sec Filings
- 4/5/24 - Form 6-K
- 2/23/24 - Form 40-F
- 2/23/24 - Form 6-K
- DCBO's page on the SEC website