GSKY News and Press, GreenSky Inc. From 09/16/21

One of the most dramatic examples of the sudden dominant interest of retail market participants is the massive short squeezes we are seeing in stocks such as GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC). This scenario – a raging bull market that casts advantag...

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On September 15, 2021, GS announced that they would acquire 100% ownership of GSKY. GSKY's gross margin and transaction volume both improved on a quarter-over-quarter and year-over-year basis. The $600 billion TAM from GSKY will assist GS to sustain its all-time high ROE of 23.69 ...

GreenSky gets a bid from Goldman Sachs valuing the stock at ~$12 per share. The fintech has long struggled to grow the consumer finance business since going public back in 2018. The stock only trades at 13x '22 EBITDA targets, but the company has since struggled to meet targets an...

Shares of GreenSky (NASDAQ: GSKY) surged 53.2% on Wednesday after the specialty lender agreed to be acquired by Goldman Sachs (NYSE: GS) . The all-stock deal values GreenSky at roughly $2.2 billion, or about $12.11 per share. That's a premium of nearly 56% from the s...

Higher commodity prices presented a key theme in Wednesday's equity market. Oil producers rallied on the back of strong crude prices, with notable gains coming from EOG Resources (NYSE:EOG), Diamondback Energy (NASDAQ:FANG), Occidental Petroleum (NYSE:OXY) and Marathon Oil (NYSE:MRO). Meanwhi...

On Wednesday, Goldman Sachs ( NYSE: GS ) announced that the group would acquire GreenSky LLC ( NASDAQ: GSKY ). The acquisition is part of its strategy to drive growth and increase returns. GreenSky is regarded as the biggest financial technology platform for home imp...

Gainers: GreenSky (NASDAQ:GSKY) +53%. IronNet (NYSE:IRNT) +27%. Sphere (NASDAQ:ANY) +22%. Allied Healthcare Products (NASDAQ:AHPI) +19%. Actinium Pharmaceuticals ATNM +16%. Ampio Pharmaceuticals (NYSE:AMPE) +15%. Inozyme Pharma (NASDAQ:INZY) +15%. Seres Therapeutics (...

The stock market was mixed on Wednesday, with investors continuing to weigh worries about the pandemic and inflation against what seems to be a robust economic recovery. As of 11:30 a.m. EDT today, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 77 points to 34,655. The ...