Category: Stock

Medallia stock up 76% following first day trading on the NYSE
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Medallia stock up 76% following first day trading on the NYSE

Customer experience management platform Medallia (NYSE: MDLA) rose more than 70% in its New York Stock Exchange debut Friday. The nearly two-decades-old business priced its shares at $21 apiece, the top of its proposed range, Thursday evening and traded as high as $39.54 the following morning. Medallia closed up roughly 76% at about $37 per…

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Netflix Stock Implodes, Subscriber Exodus Ignites 12% Plunge
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Netflix Stock Implodes, Subscriber Exodus Ignites 12% Plunge

A confluence of negative factors slammed Netflix in the past quarter, resulting in subscriber numbers and other metrics exposing Netflix’s vulnerabilities – and leaving the streaming giant’s stock plunging in after-hours trading. Netflix stock plunged 12% in after-hours trading. | Source: Yahoo FinanceNetflix Subscribers Wave Goodbye While earnings-per-share came in at $0.60, four cents above…

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How’s Your Stock Portfolio Doing? Depends on Where You Live.
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How’s Your Stock Portfolio Doing? Depends on Where You Live.

Fascinating research from JPMorgan reveals that although the stock market is booming, the performance of your individual portfolio depends heavily on what state you live in. That’s because U.S. investors living in different regions tend to favor some S&P 500 sectors over others. Your Stock Portfolio Likely Has a Hidden Regional Bias According to JPMorgan’s…

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