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Stockreport

Two-thirds of parents say their adult Gen Z kids still rely on them financially for support—even though it's putting them under strain [Fortune]

Globant S.A. Common Shares (GLOB)  More Company Research Source: Fortune
Last globant s.a. common shares earnings: 2/20 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.globant.com
Now, it's leaving both the young generation and their parents feeling the squeeze. Recommended Video Around 64% of parents with Gen Z children, aged 18 to 28, said that their adult kids still rely on them for money, housing, or other financial support, according to a new survey from Wells Fargo And their continued support has led to a money pinch, as 56% reported that assisting their grown-up offspring is straining their own finances. But despite assumptions that Gen Zers are living outside their means , most parents aren't stepping up to finance the lavish lives of their adult children. Emily Irwin, head of private wealth planning at Wells Fargo , tells Fortune that they're actually helping cover essential living expenses rather than extravagant getaways and shopping sprees. Gen Zers are battling a sluggish entry-level job market stagnating wages , and high cost-of-living while wanting to financially prepare for the future. And parents don't want to wait until they pass dow [Read more]
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Stockreport

Two-thirds of parents say their adult Gen Z kids still rely on them financially for support—even though it's putting them under strain [Fortune]

Globant S.A. Common Shares  (GLOB) 
More Company Research Source: Fortune
Last globant s.a. common shares earnings: 2/20 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.globant.com
Now, it's leaving both the young generation and their parents feeling the squeeze. Recommended Video Around 64% of parents with Gen Z children, aged 18 to 28, said that their adult kids still rely on them for money, housing, or other financial support, according to a new survey from Wells Fargo And their continued support has led to a money pinch, as 56% reported that assisting their grown-up offspring is straining their own finances. But despite assumptions that Gen Zers are living outside their means , most parents aren't stepping up to finance the lavish lives of their adult children. Emily Irwin, head of private wealth planning at Wells Fargo , tells Fortune that they're actually helping cover essential living expenses rather than extravagant getaways and shopping sprees. Gen Zers are battling a sluggish entry-level job market stagnating wages , and high cost-of-living while wanting to financially prepare for the future. And parents don't want to wait until they pass dow [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GLOB
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS