Needham & Company Defends Green Dot (GDOT)

UPDATE: Citi Downgrades Green Dot (GDOT) to Sell

(Updated - December 19, 2019 9:12 AM EST)

(update comment)

Citi analyst Andrew Schmidt downgraded Green Dot (NYSE: GDOT) from Neutral to Sell with a price target of $21.00 (from $27.00).

The analyst comments "We are downgrading GDOT to Sell following the unexpected CEO... More

After-Hours Movers 12/18: (AMPE) (NBEV) (MU) Higher; (NERV) (MLHR) (GDOT) Lower (more...)

Today's After-Hours Movers

Minerva Neurosciences, Inc. (NASDAQ: NERV) 27.4% LOWER; Neither dose of MIN-117 tested in this trial showed a statistically significant separation from placebo on the reduction in the symptoms of MDD over the 6-week treatment period as measured by the change in the MADRS. In addition, neither dose showed a statistically significant separation from placebo on the key secondary endpoint, reduction of symptoms of anxiety as measured by Hamilton Anxiety Rating Scale (HAM-A) over the 6-week treatment period. Patients treated with the 2.5 mg dose experienced an improvement of 1.6 points... More

Green Dot (GDOT) Announces Retirement of Founder & CEO Steve Streit, Reaffirms Outlook

Green Dot Corporation (NYSE: GDOT) (the Company) today announced the retirement of Green Dot CEO and Founder, Steve Streit. Mr. Streit will also retire from Green Dots Holding Company Board and as Chairman of the Green Dot Bank board. Mr. Streits retirement initiates an orderly management succession and transition process under which Mr. Streit will transition to the role of Chief Innovation Officer as an independent advisor while Green Dot Board Chairman, William I. Jacobs, will serve as interim Chief Executive Officer and J. Christopher Brewster, Chair of the Audit Committee, will serve as... More