UPDATE: Citi Downgrades TalkSpace (TALK) to Neutral
- Stocks face worst month since September, yen swings after BoJ
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- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
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- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
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UPDATE: Baird Downgrades TalkSpace (TALK) to Neutral
November 16, 2021 3:36 AM EST(Updated - November 16, 2021 6:16 AM EST)
Baird analyst Vikram Kesavabhotla downgraded TalkSpace (NASDAQ: TALK) from Outperform to Neutral with a price target of $3.00 (from $10.00).
The analyst comments "Downgrade to Neutral. The quarter was disappointing, but almost did not matter in comparison to the... More
Talkspace (TALK) announces co-founder and CEO, Oren Frank, has decided to step down
November 15, 2021 4:03 PM ESTTalkspace, Inc. (Nasdaq: TALK), a leading virtual behavioral healthcare company, announced today that its co-founder and CEO, Oren Frank, has decided to step down from his position as CEO and Board member of Talkspace, effective today. Roni Frank, co-founder and Head of Clinical Services, is also stepping down from her role and from the Board of Directors. Mr. and Mrs. Frank will serve as Strategic Advisors to the Board for the next 6 months to provide continuity and strategic direction.
The Board will conduct a comprehensive search for a new... More