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Web-hosting firm Squarespace (SQSP) rallied nearly 10% Monday to close above its $50 reference price for the first time since the company went public last week via a seemingly hot direct listing that fizzled on its first trading day.SQSP rose 9.6% to close at $54.30, its highest finish in the...
Squarespace has seen solid growth in recent times and is quite profitable already. I like the growth in combination with the earnings, yet fear the competitive impact in the wider field, certainly with the continued rise of Shopify. I am cautious at these levels, despite a lack of...
Amazon acquired Selz, stirring up thoughts that Amazon will compete directly with Shopify. Shopify competitor SquareSpace went public last week. Dozens of other companies compete with Shopify, including Wix and BigCommerce Holdings. Potential threats to Shopify are examined. ...
After an epic rise in 2020, tech stocks have hit a rough patch to kick off 2021. Some companies are running into slowdowns in their growth trajectories, as they start to lap the bump in business they got a year ago when the pandemic started. That doesn't mean all of these businesses are...
Web-hosting firm Squarespace (SQSP) rebounded Thursday, rising more than 14% one day after the stock flopped following what had been an eagerly anticipated direct listing.SQSP rose to as high as $51.16 during the session, up 17.2% from the previous day’s weak close and 2.3% above the $...
Two weeks ago, Wix.com (NASDAQ: WIX) , the online website building and hosting platform, acquired a small customer re-engagement platform called Rise.ai for an undisclosed price. This acquisition follows a series of recent announcements for Wix, including acquiring the online orderi...
Web-hosting firm Squarespace (SQSP) opened below its reference price Wednesday after going public via an eagerly anticipated direct listing that market watchers expected to value the firm at about $10B.SQSP fell to as low as $47.16 after opening shortly after 1 p.m. ET, some 5.7% below a $50 ...
On May 17th, institutional investment managers with more than $100 million AUM had to disclose their positions at the end of Q1 2021. I curated a list of some of the best-performing hedge funds and looked into their holdings at the end of March 2021. Several common themes appear w...
Squarespace Inc. (NYSE: SQSP) went public on the New York Stock Exchange in a direct listing today morning with a reference price of $50, giving it a valuation of $6.8 billion. The New York headquartered company was founded in 2003 and has become one of the website building and ecom...
With Squarespace (SQSP) set to to start trading today through a direct listing rather than a traditional IPO, the NYSE has set a reference price of $50/share.Web-hosting firm Squarespace, which raised $300M in March at a $10B valuation, will list on the New York Stock Exchange...
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Wix to Announce Second Quarter 2024 Results on August 7, 2024 PR Newswire NEW YORK , July 17, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX ), today announced that it will report its results for the second quarter ended June 30, 2024 before t...
2024-07-15 12:50:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Wix Announces Board Authorization of $200 Million Share Repurchase Program PR Newswire NEW YORK , July 10, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX) ("Wix," the "Company," "we" or "our"), today announced that its Board of Directors (the "Board")...