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Stock impact report

NerdWallet (NRDS) Shares Skyrocket, What You Need To Know [Yahoo! Finance]

NerdWallet, Inc. (NRDS) 
Company Research Source: Yahoo! Finance
The company announced GAAP earnings of $0.19 per share on revenue of $225.4 million. These figures comfortably surpassed consensus estimates, which called for earnings of $0.17 per share and revenue of $183.5 million. The top-line result also marked a 22.6% increase compared to the same period in the previous year. Although the stock initially dipped following the earnings release, investors appeared to have reconsidered the strong top- and bottom-line beats, leading to a rebound in the share price. Is now the time to buy NerdWallet? Access our full analysis report here, it's free What Is The Market Telling Us NerdWallet's shares are very volatile and have had 21 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 22 days ago when the stock dropped 3.7% on the news that the market sli Show less Read more
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