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Stockreport

Jim Cramer Says a Reddit IPO Is Bad for the Economy: Does That Mean You Shouldn't Invest? [Yahoo! Finance]

Walmart Inc. (WMT)  More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Yet, some experts, such as CNBC's Jim Cramer , argued pre-IPO that the IPO could bode poorly for the economy and markets. Check Out: 7 Best Stocks To Buy Under $1 Read Next: 5 Genius Things All Wealthy People Do With Their Money The company's shares increased 48% on the day of the IPO, as CNBC reported at the time. Reddit Earnings Beat Analysts' Expections And on May 7, Reddit reported its first earnings post-IPO, beating analysts' expectations. Revenue was up 48% from a year earlier and stood at $243 million, according to the earnings release. This pushed the stock 11% higher, according to CNBC As of May 10, shares of Reddit were up 27% over the past month. A few days before the IPO in early March, however, Cramer expressed his concern about the offering impacting the bull market. He said that, despite being in operation for 19 years, Reddit had never turned a profit, relying solely on adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization), ac [Read more]

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Stockreport

Jim Cramer Says a Reddit IPO Is Bad for the Economy: Does That Mean You Shouldn't Invest? [Yahoo! Finance]

Walmart Inc.  (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Yet, some experts, such as CNBC's Jim Cramer , argued pre-IPO that the IPO could bode poorly for the economy and markets. Check Out: 7 Best Stocks To Buy Under $1 Read Next: 5 Genius Things All Wealthy People Do With Their Money The company's shares increased 48% on the day of the IPO, as CNBC reported at the time. Reddit Earnings Beat Analysts' Expections And on May 7, Reddit reported its first earnings post-IPO, beating analysts' expectations. Revenue was up 48% from a year earlier and stood at $243 million, according to the earnings release. This pushed the stock 11% higher, according to CNBC As of May 10, shares of Reddit were up 27% over the past month. A few days before the IPO in early March, however, Cramer expressed his concern about the offering impacting the bull market. He said that, despite being in operation for 19 years, Reddit had never turned a profit, relying solely on adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization), ac [Read more]

IMPACT SNAPSHOT
EVENT TIME:
WMT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
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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
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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS