Veeva Systems (NYSE:VEEV) just released its Q2 numbers and they were very good. The thing is, VEEV stock didn’t really respond to its blowout earnings, revenue, and upbeat guidance. Source: IgorGolovniov / Shutterstock.com Why? Well, some of it has to do with the fact that VEEV stock is up 84% year to date. Analysts have
Month: September 2019
Check out the companies making headlines before the bell: Best Buy – The electronics retailer reported adjusted quarterly profit of $1.08 per share, 9 cents above estimates, and the company also raised its full-year earnings forecast. However, revenue and comparable store sales did fall below estimates for the most recent quarter. Abercrombie & Fitch –
The decline for Nio Inc (NYSE:NIO) stock has been relentless since March 2019. Nio stock price has slumped due to several fundamental concerns and these worries sustain. While a bounce back from oversold levels is entirely likely, NIO is far from being considered a portfolio stock. Source: THINK A / Shutterstock.com This coverage on Nio