8x8, Inc. (EGHT) Falls 5% on British Pound Exposure
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/23/2026
- Wall Street futures edge lower after AI selloff, telecom slide
- Meta’s capital-raising plans expose a major weakness in the AI boom
- Brent crude hits more than five-month high on concern over Middle East escalation
- BofA flags further downside risk for stocks, yields and dollar
- SpaceX cell-site ambitions lift tower stocks and weigh on carriers
Tweet
Share
E-mailGet Alerts EGHT Hot Sheet
Price: $2.07 --0%
Rating Summary:
12 Buy, 9 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 9 | New: 15
Rating Summary:
12 Buy, 9 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 9 | New: 15
Join SI Premium – FREE
8x8, Inc. (NASDAQ: EGHT) is down 4.7% amid Brexit. While only reporting 12% of revenue from the EU in 2015, receives most of that in British Pounds, and therefore has material exposure to the weaker Pound, according to Needham & Company analyst Richard Valera.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Needham Starts Diodes (DIOD) at Buy, 'Significant Margin Upside'
- BofA Securities Upgrades Allegion (ALLE) to Buy
- 8x8 Accelerates Product Innovation with Appointment of Boris Grinshpun as Global Vice President, Product Management
Create E-mail Alert Related Categories
Analyst Comments, Trader TalkRelated Entities
Needham & CompanySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
