Earnings & Movers

10.15.2020

Fastly plunges more than 25% on lowered revenue guidance - CNBC

"The company, whose technology helps companies speed delivery of digital content to consumers, said it now expects revenue of $70 million to $71 million, compared to its previous guidance of the $73.5 million to $75.5 million."

 

Value Stocks Could Shine After U.S. Election, No Matter Who Wins - Bloomberg

"Next month's U.S. election could usher in a shift from growth stocks into value, regardless of the outcome, according to Citigroup Inc."

 

United Airlines Reported a Massive Loss. Here's What Its Stock Is Doing. - Barron's

"Wall Street expected United Airlines Holdings to report heavy losses in the third quarter. The carrier matched analysts revenue forecasts, but its bottom line results fell short of estimates."

 

Supply-Chain Tech Firm E2open to Go Public in SPAC Deal - WSJ

"Supply-chain software provider E2open LLC plans to go public through an agreement with a blank-check company, making it the latest in a stream of companies bypassing the traditional path to Wall Street listing."

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