1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
TipRanks
TipRanks
Articles (321)  | Author's Website |

Wednesday’s Pre-Market Insights: Yahoo! Inc. (YHOO), Sarepta Therapeutics Inc (SRPT), Time Warner Cable Inc (TWC), Etsy Inc (ETSY)

May 20, 2015 | About:

Yahoo! Inc. (YHOO) shares increased more than 2% to $41.85 per share in pre-market trading on Wednesday after the company confirmed plans to spin off Alibaba holdings despite IRS comments that might complicate the tax status of the move.

Sarepta Therapeutics Inc (SRPT) shares soared over 50% to $24.60 in pre-market trading after the pharmaceutical company announced that it will begin the process of gaining regulatory approval for eteplirsen; a therapy for Duchenne muscular dystrophy.

Time Warner Cable Inc (WC) shares increased 2.5% to $162 in pre-market trading following news that the cable company has been approached with a takeover offer from French-owned Altice SA. TWC is currently valued at $45 billion and recently called off a merger with Comcast. Neither TWC nor Altice provided a comment.

Etsy Inc (ETSY) shares fell more than 16% to $17.52 after the platform for craft goods reported huge quarterly losses. Etsy posted a loss seven times wider than the same quarter last year and missed Wall Street’s revenue estimate. Etsy went public in April with an IPO price of $16.

About the author:

TipRanks
TipRanks uses machine learning and language processing algorithms to measure the performance of anyone giving investment advice. With TipRanks you can instantly see the track record and measured performance of any analyst or blogger you come across online going as far back as January 2009, so you know who to trust.

TipRanks gives you the information you need to make better educated investment decisions. TipRanks also lets you search for by stock or expert name, as well as provides a live feed of recommendations made by top ranked experts. You can choose to stay updated with email alerts once a recommendation is released by any expert on any stock.

Visit TipRanks's Website


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


GuruFocus has detected 4 Warning Signs with Yahoo! Inc $YHOO.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


DANGORDONSEMICONDUCTORS 2-28-17
DANGORDONTECHNOLOGY 2-28-17
DANGORDONAIRLINES 2-28-17
DANGORDONAEROSPACE 2-28-17
sbeccuegfSearch for safety
retired1InsiderGuruOwnership
vikas_salgiaSHAREHOLDER RETURN
CogitoGerman, Profitable and Cheap
pbarker46Search for safety & value
peromastiffLarge Cap/Low Vol
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK