The operator of a recruiting platform for student athletes, Signing Day Sports plans to go public on the NYSE American under the symbol SGN. The company plans to raise $8 million by offering 1.5 million shares at a price range of $4 to $6. SGN had previously filed to offer 3.8 million shares at the same range. At the midpoint, Signing Day Sports will raise 60% less in proceeds than previously anticipated. Boustead Securities is the sole bookrunner on the … Continue reading “Digital Recruiting Platform Signing Day Sports to Go Public”
Streaming company Roku is the subject of a complaint with the International Trade Commission. Universal Electronics $UEIC filed a complaint back on April 18 which led to the launching a probe into a claim of patent infringement. $ROKU is down over 2% on the news.
Digital payments and point of sales processor (POS) Square $SQ reported better than expected third quarter earnings after the close Wednesday. $SQ successfully launched the Everbrite IPO in the quarter. However it guided lower than expectations for the fourth quarter.
Digital payments and point of sales processor (POS) Square launched its new payroll app on Tuesday sending $SQ flying over 9%. Square has been leveraging its data to great affect. Competitors $ADP and $PAYX shares were down on the day.
Digital advertising placement firm Trade Desk reported better than expected third quarter earnings Thursday maintaining guidance. However $TTD fell 12% with the market looking for more news on China after the agreements in China with Baidu $BIDU. and pending deals with Tencent Holdings $TCEHY and Alibaba Group Holdings $BABA excite.
Streaming company Roku reported its first earnings since going public sending $ROKU 50% higher after smashing estimates. The company had a much smaller loss of 10 cents per share less than 28 cents EPS forecast by analysts.
Digital payments and point of sales processor (POS) Square $SQ reported better than expected third quarter earnings after the close Wednesday. $SQ guided forward slightly lower than expectations.