After-Hours Stock Movers 05/06: (IBIO) (BILL) (AXON) Higher; (APPN) (STMP) (FROG) Lower (more...)
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Bill.com (BILL) Rises 15% On Narrower Loss, 'Transformative' Divvy Acquisition
May 7, 2021 11:39 AM EDTShares of Bill.com (NYSE: BILL) are up 13.6% in todays trading session after the company reported a narrower loss for its fiscal third quarter, as well as announced the acquisition of Divvy for $2.5 billion which analysts said "appears transformative."
BILL posted a $26.7 million loss in the quarter or $0.02 on an adjusted basis to top the $0.07 expected from analysts. Business sales for the quarter were reported at $59.7 million, which marks a 45% jump year-over-year, and again higher than the $54.6 million consensus.
For its fiscal Q4, the company sees revenue between $60.9... More
Datadog (DDOG) PT Raised to $150 at Needham & Company
May 7, 2021 6:45 AM EDTNeedham & Company analyst Jack Andrews raised the price target on Datadog (NASDAQ: DDOG) to $150.00 (from $141.00) while maintaining a Buy rating.
The analyst commented, "DDOG reported strong 1Q21 results as revenue and EPS were well above consensus and FY21 revenue guidance was... More
Peloton Interactive (PTON) PT Lowered to $135 at Cowen
May 7, 2021 6:31 AM EDTCowen analyst John Blackledge lowered the price target on Peloton Interactive (NASDAQ: PTON) to $135.00 (from $177.00) while maintaining a Outperform rating.
The analyst commented, "PTON reported strong F3Q results with sub growth, rev, & EBITDA ahead, helped by the pull forward of... More

