Monday’s Pre-Market: Here’s What You Need to Know Before the Market Opens

stock futures jumped on Monday as investors await comments from the Fed members at an Official Monetary and Financial Institutions Forum panel, to be held virtually. The price tag represents a 33.6% premium to Raven’s 4-week volume-weighted average stock price, and an enterprise value of $2.1 billion. Raven Industries CEO Dan Rykhus said, “For 65 […]

Weekly Market Review: New Month Brings Familiar Gains

To date, seven of eight companies in the S&P 500 have exceeded the consensus analyst profit estimate. Despite the headline sales decline, it’s momentum in the company’s digital business that has investors excited. Working against weak comparisons from the previous year, iHeartMedia said that April revenue increased 85% year-over-year, including 170% growth from podcasts. Insiders […]

TipRanks News – Stock Market News, Research and Ideas

In M&A news, Digital Turbine completed the acquisition of AdColony, a mobile advertising platform. Slack , a workplace communication software company will acquire Woven, a calendar app, for an undisclosed amount. Woven CEO, Tim Campos stated, “Our team has always been our greatest strength. Meanwhile, General Motors is planning to invest $1 billion to build […]