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Bears Pile On FuboTV After 330% Rise In 2020
Thursday, December 31, 2020 - 10:16am | 724One of the hottest stocks in the streaming market has been fuboTV (NYSE: FUBO), a company that was uplisted to the NYSE earlier this year. After a strong run that included five days of 10%-plus gains in a row, bears are pouring into the name, questioning its valuation and the long-term outlook....
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Are Investors Overlooking Facebook's True Potential?
Thursday, November 1, 2018 - 4:06pm | 442Despite ongoing concerning headlines surrounding privacy, Facebook, Inc. (NASDAQ: FB) remains one of the most dominant companies in terms of mobile time spent, with a user base of more than 1 billion people. The Analyst BTIG's Rich Greenfield talked Facebook on "Bloomberg...
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BTIG Maintains Neutral Snap Thesis Ahead Of Q2 Report, But 'Patience Is Wearing Thin'
Tuesday, August 7, 2018 - 11:25am | 495Snap Inc. (NYSE: SNAP) is the sixth most popular social media platform in the U.S, according to Statista. BTIG lowered its estimates for the company ahead of its Tuesday afternoon second-quarter report. The Analyst BTIG's Richard Greenfield maintained a Neutral rating on Snap. The Thesis...
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Snapchat's User Engagement Increases Despite Assailment From Instagram Stories
Thursday, August 31, 2017 - 2:17pm | 425To say that Snap Inc (NYSE: SNAP) has experienced a tumultuous ride in its post-IPO life would be an understatement. In what was arguably the most anticipated IPO of the year, shares have failed to deliver, down 40 percent since going public in March. Snapchat’s woes are largely based on...
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Rich Greenfield On Twitter's Long-Term Prospects: 'I Think This Could Be A Big Winner'
Thursday, April 27, 2017 - 11:35am | 427Twitter Inc (NYSE: TWTR) shares are up 14 percent this week after beating first quarter earnings estimates. With daily active users up 14 percent year-over-year, Twitter is reversing some of the negative sentiment that has surrounded the company as of late. BTIG analyst Rich Greenfield told...
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The Most Compelling Hail Mary For Comcast: Charter
Thursday, April 20, 2017 - 3:30pm | 358Comcast Corporation (NASDAQ: CMCSA) is frequently rumored to on one end or the other of an acquisition, and BTIG suggested Thursday that it may now be looking to purchase Charter Communications, Inc. (NASDAQ: CHTR). “We believe Comcast has unique opportunity to make a transformative...
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4 Potential Winners If The Time Warner-AT&T Merger Is Approved
Tuesday, October 25, 2016 - 2:16pm | 620Time Warner Inc (NYSE: TWX) shares rallied 9.4 percent on Thursday and Friday of last week after AT&T Inc. (NYSE: T) announced an $85 billion buyout bid for the company. Despite the $110/share bid price and the late-week rally, Time Warner’s stock is trading around $87 in Tuesday's...
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Facebook May Be Focusing On 'Half-Baked' Marketplace Instead Of Video
Monday, October 17, 2016 - 10:37am | 324More than six months after Facebook Inc (NASDAQ: FB) product manager Fidji Simo announced that the company was creating a dedicated video tab for its mobile app, the new feature is still nowhere to be seen. In a note, BTIG analyst Rich Greenfield discussed his opinion of what’s going on...
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Scott Van Pelt And Rich Greenfield Feud Over ESPN's Demise
Thursday, September 8, 2016 - 3:25pm | 388Earlier this week, ESPN host Scott Van Pelt spoke with the Washington Post about the cable industry's cord-cutting fears, as well as the ESPN "brain drain." Walt Disney Co (NYSE: DIS) stock fell hard last summer after ESPN subscriptions took a big hit. "I understand the direction...
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BTIG's Rich Greenfield Downgrades Facebook, Believes Investors Expectations Are 'Simply Too Aggressive'
Friday, July 22, 2016 - 7:46am | 369Richard Greenfield of BTIG can no longer support a bullish thesis on Facebook Inc (NASDAQ: FB), as shares are now trading above his $117 price target. In a report published Friday, Greenfield downgraded Facebook's stock to Neutral from Buy while removing his prior price target. He noted...
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Viacom Surges Following Renewed Multi-Year Deal With DISH Network
Thursday, April 21, 2016 - 12:09pm | 336In a happy news for customers of DISH Network Corp (NASDAQ: DISH), Viacom, Inc. (NASDAQ: VIAB) and DISH have agreed for a multi-year contract renewal, meaning DISH customers can continue to enjoy channels of Viacom. According to a press release, the renewal "sets the stage for select...
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Hedge Fund Manager: Disney's CEO Needs To 'Talk Straight'
Monday, December 28, 2015 - 2:54pm | 252Eric Jackson is the managing director of SpringOwl and penned an article on The Street's Real Money on why Walt Disney Co (NYSE: DIS)'s CEO Bob Iger needs to "talk straight." Jackson noted that Iger was recently a guest on Bloomberg TV and discussed an unnamed analyst's (...
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The Downgrade That Sent Disney Shares Lower
Friday, December 18, 2015 - 12:42pm | 411Shares of Walt Disney Co (NYSE: DIS) lost nearly 3 percent Friday morning. Rich Greenfield of BTIG downgraded Disney's stock to Sell. The analyst expressed caution over the latest "Star Wars" film and ongoing concerns surrounding ESPN. While "Star Wars" fanatics...
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BTIG: 'Concerned' About Traditional Media Companies, Netflix Still Appealing
Monday, August 3, 2015 - 1:18pm | 397The advertising dollars flowing to Internet seems to be taking a major toll on traditional media companies whose mainstay is advertising revenue. BTIG analyst Rich Greenfield was on CNBC Monday to discuss how the decline in TV advertising and the emergence of new services like Netflix, Inc. (...
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BTIG Disagrees With David Einhorn, 'Netflix Is Consciously Trying To Spend In The Near-Term'
Tuesday, July 14, 2015 - 11:35am | 412Comcast Corporation (NASDAQ: CMCSA) announced on Monday that it will be launching its own streaming service, Stream. Rich Greenfield, BTIG media & technology analyst, was on CNBC to discuss how Comcast's entry into the streaming service will impact other players in the space....