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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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This Analyst Sees Upside Potential In Alphabet, Twitter and Amazon
Saturday, July 27, 2019 - 8:53am | 293On CNBC's "Power Lunch," Victor Anthony of Aegis said investors have been questioning Alphabet's (NASDAQ: GOOGL) growth story since it missed on its first-quarter expectations, but that was soundly refuted in the second-quarter numbers that came out on Thursday. The quarter...
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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 Lowers eBay Revenue Estimate On European Economic Softness, Strong Dollar
Wednesday, January 2, 2019 - 6:02pm | 294A soft European economy and strong U.S. dollar led Aegis Capital Wednesday to lower its full-year 2019 revenue estimates for eBay Inc. (NASDAQ: EBAY). The Analyst Aegis analyst Victor Anthony maintained a Buy rating on eBay and lowered the price target to $40 from $44. The Thesis The auction...
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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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Twitter's Stock Falls And Nobody Really Knows Why
Thursday, November 29, 2018 - 12:53pm | 349Shares of Twitter Inc. (NYSE: TWTR) plummeted mysteriously Thursday morning. What Happened Shares of the social media company dropped more than 7 percent, accounting for the stock’s lowest point since Oct. 24. With no apparent news explaining the move, some have referred to the influence of...
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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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Market Dumps Match Group Despite Q3 Beat
Wednesday, November 7, 2018 - 5:26pm | 485Shares of Tinder parent company Match Group Inc (NASDAQ: MTCH) fell 17 percent Wednesday after the company released its third-quarter print the previous afternoon. The online dating company reported Q3 adjusted earnings of 39 cents per share, beating estimates by 3 cents. Sales came in...
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Victor Anthony Says Buy Into Amazon's Weakness, Raises Target To $2,225
Tuesday, October 30, 2018 - 12:28pm | 365Amazon.com, Inc. (NASDAQ: AMZN) has been one of the hottest stocks in the market over the past several years, but the fun has been on pause for Amazon investors in the past month. Amazon's stock has tanked by 24 percent, but one analyst says the sell-off is an obvious buying opportunity. The...
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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....