The company’s streaming ambitions are not going unnoticed by Wall Street. Disney shares were up more than 10% early Friday. And in a new research note, analyst firm MoffettNathanson said Disney stock should be seen as being in the same league as tech giants like Facebook, Amazon, Apple, Netflix, or Alphabet—aka FAANG stocks. … [Read more...] about DANG! Disney stock is in the same league as tech giants Amazon, Netflix, and Google, says analyst report
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3 reasons why Twitter took a $5 billion stock hit after banning Trump
2. Fear of an exodus The second reason for the stock drop is a bit more forward-looking. Right-wing and conservative users have long felt less at home on Twitter, which is run by a San Francisco-based tech company peopled mainly by liberals. It’s also true that politically, Donald Trump has become the center of the right’s world—the GOP has become the Party of Donald. … [Read more...] about 3 reasons why Twitter took a $5 billion stock hit after banning Trump
Tech IPOs are still popping in 2021 as Affirm stock surges 80% in market debut
Affirm, which works with around 6,500 retailers including Walmart, Wayfair, Peloton, and Warby Parker, lets customers finance online purchases with monthly payments that do not accrue compounding interest. Instead, Affirm makes a profit through merchant fees whenever purchasers choose its lending option. According to its IPO filing, more than 6.2 million people use the service. … [Read more...] about Tech IPOs are still popping in 2021 as Affirm stock surges 80% in market debut
Poshmark stock skyrockets in Nasdaq debut as investors rush to cash in on resale mania
Approaching 10 years old, Poshmark is led by CEO Manish Chandra and counts tennis great Serena Williams as a member of its board of directors. As our Elizabeth Segran wrote in 2019, the platform stands out among its competitors, such as TheRealReal and ThredUP, by infusing the sales process with social media-like functionalities that keep users on the site longer. The longer people stay, the more they buy. … [Read more...] about Poshmark stock skyrockets in Nasdaq debut as investors rush to cash in on resale mania
The Walking Dead’s Glen Mazzara On Managing the Undead Way
The community also extends to fans who wait through the night for autographs. “I’ll say, `Let’s throw a zombie into the crowd!’ `cause everyone wants to take their picture with a zombie,” laughs Mazzara. “But it’s really about having people on the ground listening. Our location manager suggested setting up a couple of tables on Main Street and doing an autograph signing for the local people. We’re trying to figure out how to organize that. Our cast is really generous about giving back to fans. We know we’ve done something right when we pack up to leave, and they say, `When are you coming back?’“ … [Read more...] about The Walking Dead’s Glen Mazzara On Managing the Undead Way