• Ross Stores Hits New High

    4 monthes ago - By Crossing Wall Street

    On May 25, shares of Ross Stores fell 7% after the deep-discount retailer reported earnings. I thought the earnings were just fine, but traders apparently disagreed.
    This is from the CWS Market Review of June 1:
    Ross Stores reported fiscal Q1 adjusted earnings of $1.11 per share. Earlier, the company had projected earnings of $1.03 to $1.07 per share. They made 82 cents per share for last year's Q1.
    There were a few accounting items to adjust for. Ross said they were helped in Q1 by 17 cents per share due to tax reform plus two cents per share thanks to “the favorable timing of...
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  • The owner of MoviePass just hit another new low

    The owner of MoviePass just hit another new low

    4 monthes ago - By Business Insider

    MoviePass owner Helios & Matheson hit a record low of $0.19 a share Wednesday morning.
    The company proposed a reverse stock split a week ago in order to remain listed on the Nasdaq.
    Watch HMNY trade in real time here.
    MoviePass owner Helios & Matheson is falling further into the abyss.
    Shares are down about 25% on Wednesday, and trading at a record low of $0.19 apiece. Wednesday's losses mark the fourth straight day of declines.
    Last week, Helios & Matheson proposed a reversed stock split in an effort to boost its share price above the Nasdaq's minimum requirement of $1. The failure to...
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  • The owner of MoviePass just hit another new low

    The owner of MoviePass just hit another new low

    4 monthes ago - By Business Insider

    MoviePass owner Helios & Matheson hit a record low of $0.19 a share Wednesday morning.
    The company proposed a reverse stock split a week ago in order to remain listed on the Nasdaq.
    Watch HMNY trade in real time here.
    MoviePass owner Helios & Matheson is falling further into the abyss.
    Shares are down about 25% on Wednesday, and trading at a record low of $0.19 apiece. Wednesday's losses mark the fourth straight day of declines.
    Last week, Helios & Matheson proposed a reversed stock split in an effort to boost its share price above the Nasdaq's minimum requirement of $1. The failure to...
    Read more ...

     

  • The owner of MoviePass just hit another new low

    The owner of MoviePass just hit another new low

    4 monthes ago - By Business Insider

    MoviePass owner Helios & Matheson hit a record low of $0.19 a share Wednesday morning.
    The company proposed a reverse stock split a week ago in order to remain listed on the Nasdaq.
    Watch HMNY trade in real time here.
    MoviePass owner Helios & Matheson is falling further into the abyss.
    Shares are down about 25% on Wednesday, and trading at a record low of $0.19 apiece. Wednesday's losses mark the fourth straight day of declines.
    Last week, Helios & Matheson proposed a reversed stock split in an effort to boost its share price above the Nasdaq's minimum requirement of $1. The failure to...
    Read more ...