Amid declines in the number of COVID-19 cases across the U.S. and with another round of stimulus on the horizon, investors and management teams alike appear sanguine about the outlook for 2021.
Read MoreManagement changes typically warrant a fresh look at a stock given the potential benefits or fallout from a subsequent strategic or operational shift. In this regard, the past week provided a number of opportunities for investors to consider, although the market’s verdict is already in for 8x8 (EGHT).
Read MoreThe calendar Q2 ’20 earnings season is officially underway, and the initial results suggest that business conditions were better than feared at the outset of the COVID-19 pandemic. Brightcove (BCOV) saw the strongest post-print move amongst the group of reporting companies as results significantly outpaced management’s guidance and consensus.
Read MoreThe United States Postal Service (USPS) reported its fiscal Q1 ’20 results this week for the quarter ending December 31, 2019. Accompanying the news was monthly trial balance data for December, which revealed a 20.4% Y/Y increase in PC Postage revenue and a 10.1% Y/Y increase for the quarter.
Read MoreInstructure’s (INST) plan to be taken private by Thoma Bravo for $47.60 per share in cash faced further resistance this week as 7.5% shareholder Praesidium Investment Management issued an open letter to the Board of Directors expressing its view that the purchase price undervalues the company.
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