After-Hours Stock Movers 03/08: (AYTU) (SFT) (NVTA) Higher; (SFIX) (WTRH) (MGI) Lower (more...)
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Peloton (PTON) to Launch in Australia in H2 2021, Analysts See Expansion as a Sign of Supply Chain Improvement
March 9, 2021 8:44 AM ESTPeloton (NASDAQ: PTON) announced it will expand to Australia in the second half of this year. The company will offer its Peloton Bike, the Peloton Bike+ and the Peloton App to its Australian customers.
Besides an online push, PTON is also planning to open showrooms across key Australian cities, including Sydney and Melbourne.
"Health, fitness and sport is a central part of Australia's DNA, which is why it was a natural decision to launch Peloton in Australia as our first foray into the Asia Pacific region," said Kevin Cornils, Managing Director,... More
Stitch Fix, Inc. (SFIX) PT Raised to $60 at Needham & Company; 'Underlying Client Growth Remains Strong'
March 9, 2021 6:46 AM ESTNeedham & Company analyst Rick Patel raised the price target on Stitch Fix, Inc. (NASDAQ: SFIX) to $60.00 (from $55.00) while maintaining a Buy rating.
The analyst commented, "SFIX reported lower than expected F2Q21 (CY 4Q20) revenue, due to external and internal factors.... More
SJW Group (SJW) Prices 1.03M Share Common Offering at $59/Sh
March 9, 2021 5:29 AM ESTSJW Group (NYSE: SJW) announced today that it has priced its previously announced underwritten public offering of 1,030,000 shares of its common stock, par value $0.001 per share, at a public offering price of $59.00 per share, for aggregate gross proceeds of approximately $60.77 million. SJW has also... More
