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InMed Pharmaceuticals Reports Net Sales Of $575K For 6 Months Since BayMedica Acquisition
Friday, May 13, 2022 - 2:13pm | 634InMed Pharmaceuticals Inc. (NASDAQ:INM), a leader in research, development, manufacturing and commercialization of rare cannabinoids, released unaudited financial results for the third quarter of the fiscal year 2022 which ended March 31, 2022. Financial and Operational Highlights: For the 9...
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Samsung Continues To Invest In Health Tracking Technologies On Wearables Demand Surge
Friday, November 20, 2020 - 9:01am | 349Wearable devices have clocked a 30% year-over-year sales growth globally in 2020, CNBC reports. Though the pandemic has severely dampened the global economy and consumer spending patterns, the demand for wearables is rising, signaling a change in consumer behavior. Wearables have evolved from a...
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These Analysts Love BellRing Brands
Monday, November 11, 2019 - 4:00pm | 622BellRing Brands Inc (NYSE: BRBR) is a nutrition products company known for its ready-to-drink protein shakes and was born out of the separation of Post Holdings Inc (NYSE: POST). On Monday, multiple analysts initiated coverage of BellRing's stock with a mostly positive bias. The Analysts Credit...
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2 Analysts Mixed After Fitbit's Q4 Earnings
Thursday, February 28, 2019 - 2:39pm | 517Fitness tracker and smartwatch maker Fitbit Inc (NYSE: FIT) swung back to a profit in the fourth quarter, but guidance for 2019 disappointed some investors. The report was compelling enough for one research firm to turn bullish, but another continues to recommend investors stick to the sidelines...
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3 Reasons For JPMorgan's Weight Watchers Downgrade
Tuesday, February 19, 2019 - 10:25am | 372Just a few weeks after JPMorgan downgraded Weight Watchers International, Inc. (NASDAQ: WTW) to Neutral, the research firm now finds three reasons to turn more bearish on the company. The Analyst JPMorgan's Christina Brathwaite downgraded Weight Watchers from Neutral to Underweight with a price...
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Morgan Stanley: The Street Is Overestimating Weight Watchers' Addressable Market
Thursday, September 13, 2018 - 2:57pm | 529Weight Watchers International, Inc. (NYSE: WTW)'s turnaround story remains compelling, but the company's growth trajectory precludes a bullish stance, according to Morgan Stanley. The Analyst Morgan Stanley's Vincent Sinisi initiated coverage of Weight Watchers International ...
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3 Reasons Why Morgan Stanley Is Bearish On Fitbit
Monday, April 2, 2018 - 8:00am | 322Fitbit Inc (NYSE: FIT) priced its June 2015 initial public offering at $20 per share and early investors were rewarded with the stock's move higher to $50 per share in August. Nearly three years later, however, the narrative has changed. The Analyst Morgan Stanley's Yuuji Anderson...
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Apple Quietly Acquired A Sleep Tracking App
Saturday, May 13, 2017 - 9:38am | 309Investors hoping for Apple Inc. (NASDAQ: AAPL) to put some of its billions upon billions of dollars to use might be disappointed to find out the Cupertino-based company didn't buy a Netflix, Inc. (NASDAQ: NFLX) or a Walt Disney Co (NYSE: DIS)-type of company. Instead, Apple quietly acquired a sleep...
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3 Areas In Which Fitbit Showed Encouraging Progress
Thursday, May 4, 2017 - 11:59am | 382Trip Chowdhry, an analyst with Global Equities Research, suggested Fitbit Inc (NYSE: FIT)'s investors take their profits on the health and fitness company back in 2015. The analyst's call was spot-on as the stock peaked above $50 per share that year and steadily declined to an all-time low...
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3 Food Stocks Susquehanna Likes More Than Any Others
Tuesday, October 27, 2015 - 9:21am | 652Pablo Zuanic of Susquehanna stated that he has a "more neutral/negative" view of consumer staples. However, Zuanic initiated coverage of Mondelez International Inc (NASDAQ: MDLZ), WhiteWave Foods Co (NYSE: WWAV), and Treehouse Foods Inc. (NYSE: THS) with a "positive" view...
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The Oprah Touch: Weight Watchers Skyrockets After Icon Takes Stake
Monday, October 19, 2015 - 2:33pm | 390Shares of Weight Watchers International, Inc. (NYSE: WTW) soared higher by more than 90 percent on Monday, but are still lower by more than 40 percent from a year ago. Investors and traders heavily bought the stock after Oprah Winfrey acquired 10 percent of the company and will join the board of...