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Stock impact report

Here's Why Taboola.com Ltd. (TBLA) Gained But Lagged the Market Today [Yahoo! Finance]

Taboola.com Ltd. - Ordinary Shares (TBLA) 
Company Research Source: Yahoo! Finance
This move lagged the S&P 500's daily gain of 1.07%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq increased by 1.74%. Coming into today, shares of the company had gained 18.09% in the past month. In that same time, the Computer and Technology sector gained 4.83%, while the S&P 500 gained 2.93%. The upcoming earnings release of Taboola.com Ltd. will be of great interest to investors. The company's earnings report is expected on February 28, 2024. The company is expected to report EPS of $0.02, down 87.5% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $436.65 million, showing a 17.61% escalation compared to the year-ago quarter. Investors should also pay attention to any latest changes in analyst estimates for Taboola.com Ltd. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's Show less Read more
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