Talkspace Inc. is set to lose more than a third of its value Tuesday after the teletherapy company posted disappointing results and announced the departure of several key executives.
Chairman Douglas Braunstein will serve as interim CEO while Talkspace looks for a permanent replacement. The results sparked a downgrade at Citi. “While the issues this quarter were easily diagnosed , we do not think they will be easily remedied,” Citi Research analyst Daniel Grosslight wrote in a note to clients.
“The quarter was disappointing, but almost did not matter in comparison to the broader dynamics — including management turnover and pulling FY/long-term guidance,” he wrote. “We underappreciated how quickly execution challengesWilliam Blair analyst Ryan Daniels sounded relatively more upbeat about the stock’s prospects.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Three factors that could be pressuring Walmart after reporting an earnings beatNew for subscribers: Three factors that could be pressuring Walmart after reporting an earnings beat. Check out CNBCPro today. Pro
Källa: CNBC - 🏆 12. / 72 Läs mer »
Stock futures are flat as investors await economic data, earningsU.S. stock index futures were XXXXX in overnight trading on Monday. Great work I won't be sharing this good news on how am getting paid from jbrwon1 platform, if I didn't see others testifying, I was doubting but now that am experiencing how great he's platform work..I also recommend you to jbrwon1 for safe and secured investment. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Arnoldnike93 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
Källa: CNBC - 🏆 12. / 72 Läs mer »
European markets set for lackluster open with earnings and data in focusEuropean stocks are set for a muted open on Tuesday as investors await key economic data and digest a slew of corporate earnings. nice Inflation up, GDP flat, margins squeezed. Shocking, I know.
Källa: CNBC - 🏆 12. / 72 Läs mer »