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Why Amarin Shares Are Plunging Wednesday
Wednesday, September 2, 2020 - 2:32pm | 414Amarin Corporation plc (NASDAQ: AMRN) shares were plummeting on above-average volume as an appeal hearing on the Vascepa fish oil capsule patent gets underway. What Happened: Amarin appealed against a late March ruling that its Vascepa patents were invalid. The invalidation of the patents...
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PreMarket Prep Recap: $TSLAQ Crowd Continues To Be Punished, Eli Lilly's Incredible Friday Open
Monday, December 23, 2019 - 2:27pm | 849There was no shortage of news to cover during today's PreMarket Prep Show heading into an abbreviated week of trading ahead of the holidays. The co-hosts recapped some unusual price action from Friday's quadruple witch expiration in one issue, and a big-name stock was making a big-time move...
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Netflix Analyst Eyes Complications Of A 'Hit-Driven Business'
Friday, September 27, 2019 - 2:32pm | 444Streaming video company Netflix Inc (NASDAQ: NFLX) may have a headwind on its hands, as its slate of content isn't compelling enough to drive subscriber growth, Victor Anthony of Aegis Capital said Friday on CNBC "Worldwide Exchange." What Happened One of the themes of...
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Yelp Shares Tank After Q1 Print: 2 Analyst Takes
Friday, May 10, 2019 - 2:31pm | 490The online review platform Yelp Inc (NYSE: YELP) reported first-quarter results Thursday that were roughly in-line with estimates, but second-quarter guidance fell short of expectations. The Analysts Aegis Capital's Victor Anthony maintained a Sell rating on Yelp with...
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Analysts React To Amazon's Q1: Everyone Remains A Bull
Friday, April 26, 2019 - 11:55am | 1222Amazon.com, Inc. (NASDAQ: AMZN) reported a notable beat on the profit line in its first-quarter results, although management's operating profit outlook for the second quarter fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The...
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The Positives And Negatives From Twitter's Q1 Earnings Print
Wednesday, April 24, 2019 - 11:49am | 967Twitter Inc (NYSE: TWTR) reported first-quarter results highlighted by a top- and bottom-line beat while monthly active users (MAUs) exceeded expectations of 318 million at 330 million. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Nomura...
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Shutterfly Analysts Weigh Potential Acquisition
Wednesday, February 6, 2019 - 6:21pm | 485Shutterfly, Inc. (NASDAQ: SFLY) shares are suffering following a fourth-quarter earnings and sales miss Tuesday — and CEO Christopher North's announcement that he's stepping down. A strategic review committee is now reviewing the company’s capital structure, according...
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Aegis Capital's Anthony Says Facebook Has A Credibility Problem
Friday, December 28, 2018 - 11:03am | 404Social media giant Facebook, Inc. (NASDAQ: FB) had a rough 2018, with the Cambridge Analytica scandal dominating headlines in the first half of the year and now reports that management allowed outside companies access to read users' messages. What Happened Facebook's multiple privacy-...
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Analysts React To Yelp's Q3 Sales Miss, Guidance: Execution Missteps, Anemic Growth
Friday, November 9, 2018 - 11:20am | 825Online restaurant and business review platform Yelp Inc. (NYSE: YELP) reported Thursday its third-quarter results, highlighted by a revenue miss and concerning outlook. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wells Fargo's Robert...
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Aegis Isn't Sold On Yelp's New Business Model, Downgrades To Sell
Wednesday, June 13, 2018 - 9:09am | 382Yelp Inc (NYSE: YELP) is making changes to its business model but at the expense of near-term metrics, according to Aegis Capital. The Analyst Aegis Capital Corp's Victor Anthony downgraded Yelp from Hold to Sell with a price target lowered from $45 to $34. The Thesis The bearish...
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Analyst: FTC Could Hit Facebook With $1-2 Billion Fine, The Largest In Agency History
Tuesday, March 27, 2018 - 3:33pm | 419The U.S. Federal Trade Commission confirmed that it is investigating Facebook, Inc. (NASDAQ: FB) for potential misuse of customer data, and investors are understandably concerned about the potential for actions such as increased regulation and stiff penalties for the social media platform. The...
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Facebook's Privacy Scandal Will 'Linger,' But Aegis Capital Remains Bullish In The Long Run
Tuesday, March 27, 2018 - 1:45pm | 408Facebook, Inc. (NASDAQ: FB)'s ongoing privacy saga has resulted in multiple high-profile companies suspending ties with the social media platform. Investors should expect the "storm to linger" in the near-term, but ultimately it "should pass," according to Aegis Capital....
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This Twitter Analyst Saw In December What Few Others Did
Thursday, February 8, 2018 - 11:47am | 445Twitter Inc (NYSE: TWTR) reported a surprise earnings beat Thursday, catching some investors off guard. But at least one notable Wall Street wasn't surprised and was recommending investors buy the stock in 2017. The Analyst Aegis Capital's Victor Anthony. The Thesis The case for...
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All The Ratings And Price Targets On Facebook Ahead Of Q3 Earnings
Tuesday, October 31, 2017 - 3:58pm | 378Heading into its Wednesday earnings report, Facebook Inc (NASDAQ: FB) is decidedly well liked. The firm’s 42 Buy ratings are tempered by just two Sells and one Hold, according to TipRanks, which records an average price target of $191.33 with a range of $98 to $235. Recent trends back the...
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Victor Anthony Gives The Lowdown On Pandora, Snap, Twitter And Amazon
Monday, May 22, 2017 - 10:15am | 1075It is and always has been about technology. But contemporary disruptions in the innovative space, both inherent to sector players and imposed by outside economic forces, have bolstered some and crushed others. Victor Anthony, managing director of internet media at Aegis Capital, broke down the...