Alarm Quarterly Earnings Beat Views, Full-Year Profit Outlook Light

Alarm Quarterly Earnings Beat Views, Full-Year Profit Outlook Light
Alarm.com’s ( ALRM ) full-year EPS guidance was light after the company reported September quarter profit that topped views. Shares in the cloud security and automation software firm were down 2% to 46 in after-hours trading on the stock market today . Alarm had shot up 67% in 2017 as of Wednesday’s market close. Alarm.com said Wednesday that adjusted third-quarter... Read More

IAC Quarter Mixed: Match's Tinder Shines, But Angi Costs Lower Profit

IAC Quarter Mixed: Match's Tinder Shines, But Angi Costs Lower Profit
IAC/Interactive Corp. ( IAC ) shareholders shrugged off a third-quarter earnings miss related to the purchase of Angie’s List, amid revenue growth at online dating service Match Group ( MTCH ). Shares in the Barry Diller-controlled company were up a fraction to 132.06 in after-hours trading in the stock market today after initially slipping 2.3% after the company reported earnings... Read More

Why Five Prime Therapeutics Stock Is on the Rebound Today

Why Five Prime Therapeutics Stock Is on the Rebound Today
What happened After a whopping 41% drop yesterday, shares of the clinical-stage biotech Five Prime Therapeutics (NASDAQ: FPRX) are on the mend today as the result of an upbeat clinical update. Specifically, Five Prime provided an investor update this morning regarding the company’s experimental pancreatic cancer drug, cabiralizumab, that’s currently being assessed in combination with Bristol-Myers Squibb ‘s (NYSE: BMY)... Read More

Why Snap, LendingClub, and Weight Watchers International Slumped Today

Why Snap, LendingClub, and Weight Watchers International Slumped Today
Wall Street enjoyed a relatively quiet day on Wednesday that left most major benchmarks relatively close to their closing levels from Tuesday. Neither President Trump’s trip to Asia nor election results in several key races Tuesday night were enough to produce any clear moves for stocks, and the holding pattern that market participants have seen in recent days remained in... Read More

Why Applied Optoelectronics, MBIA, and Forterra Jumped Today

Why Applied Optoelectronics, MBIA, and Forterra Jumped Today
Wednesday was another calm day for the stock market, although major benchmarks generally posted modest gains from where they began the day. Investors reflected on the rise in the financial markets since the presidential election one year ago, and despite numerous concerns and uncertainties on the geopolitical and macroeconomic fronts both in the U.S. and across the globe, no major... Read More