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AFTPY Stock Prices Increased By 8.30%: Here’s Why It Happened

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Afterpay Limited’s (OTCMKTS: AFTPY)’s stock price increased by 8.30%. The price has been fluctuating for the last week a lot. It was $80.57 when the market closed on 1st April and $82.00 when the market closed on 5th April. On the 6th, the price hiked to $88.81. The price during the opening and closing of the market on the 6th was 87.68 and 88.81 respectively. The price hiked by $6.81 over the last two days.

Sarah-Jayne Smith, CEO of Magpies & Peacocks said: “At Magpies & Peacocks we always ask ourselves how we can look at a solution from the perspective of People, Planet, and Profit – how can we tackle something head-on sustainably by doing right by it socially, environmentally and economically. It is a mindset we apply to all things, no matter how small – everything from the products we create or buy, and how we teach a skill, through to our carbon footprint as a non-profit organization. It can create a tremendously influential ripple, not only in winning hearts and minds but in affecting real change. We are thrilled to partner with Afterpay as part of that process and are humbled to be part of their Top Up Donation program.”

Afterpay Limited (OTCMKTS: AFTPY) is transforming the way we pay by allowing customers to receive products immediately and pay for their purchases over four installments, always interest-free. The service is completely free for customers who pay on time – helping people spend responsibly without incurring interest or fees when you pay on time. As of December 31, 2020, Afterpay is offered by nearly 75,000 of the world’s favorite retailers and is used by more than 13 million active customers globally.

Afterpay (OTCMKTS: AFTPY) is currently available in Australia, Canada, New Zealand, the United States, and the United Kingdom, France, Italy, and Spain, where it is known as Clearpay. Afterpay is on a mission to power an economy in which everyone wins.

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MANH Stock Price Increased By 12.24%: Here’s What Happened

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Manhattan Associates, Inc. (NASDAQ: MANH)’s stock price was 144.02 as of April 28, Market close. The price increased by 15.71(12.24%) over the last closing price of 128.31. April 28’s opening price was 133.00. The current price  10:39AM EDT, April 29 stands at 141.32.

Manhattan Associates, Inc. (NASDAQ: MANH) is a Leading Supply Chain and Omnichannel Commerce Solutions provider. On April 28, the stock price rose as high as 145.47 and went as low as 130.05. Manhattan Associates, Inc. (NASDAQ: MANH)’s stock price has been varying between 121.12(lowest of April 22) to 129.91(highest of april 27)  between April 22 to 27 and drastically increased to 144.02(closing price) on April 28.

Manhattan Associates Inc. (NASDAQ: MANH) today reported revenue of $156.9 million for the first quarter ended March 31, 2021. GAAP diluted earnings per share for both Q1 2021 and Q1 2020 was $0.35. Non-GAAP adjusted diluted earnings per share for Q1 2021 was $0.43 compared to $0.40 for Q1 2020.

“We’re very pleased with our strong start to 2021, delivering the best Q1 revenue and earnings per share performance on record, exceeding our expectations,” said Manhattan Associates President and CEO Eddie Capel. “Accelerating demand for our solutions drove record first quarter bookings with RPO more than doubling over last year to $421 million. Deal activity was solid across our solutions, with demand notably impressive for Manhattan Active® Warehouse Management, which in turn is fueling strong services demand and increased visibility to future revenue growth.” Mr. Capel continued, “Reflective of our great start to the year, we are raising our full-year revenue and EPS guidance.”

“In a turbulent global macro, favorable secular tailwinds are strengthening and continue to showcase the strategic importance of our suite of Manhattan Active omnichannel, inventory and supply chain solutions. We remain focused on enabling our clients to accelerate growth and Push Possible®, while investing significantly in innovation to achieve long-term sustainable growth in 2021 and beyond,” Mr. Capel concluded.

FIRST QUARTER 2021 FINANCIAL SUMMARY:

  • Consolidated total revenue was $156.9 million for Q1 2021, compared to $153.9 million for Q1 2020.

  • Cloud subscription revenue was $26.6 million for Q1 2021, compared to $17.3 million for Q1 2020.

  • License revenue was $7.8 million for Q1 2021, compared to $9.7 million for Q1 2020.

  • Services revenue was $80.4 million for Q1 2021, compared to $87.4 million for Q1 2020.

  • GAAP diluted earnings per share was $0.35 for both Q1 2021 and Q1 2020.

  • Adjusted diluted earnings per share, a non-GAAP measure, was $0.43 for Q1 2021, compared to $0.40 for Q1 2020.

  • GAAP operating income was $25.4 million for Q1 2021, compared to $24.2 million for Q1 2020.

  • Adjusted operating income, a non-GAAP measure, was $35.6 million for Q1 2021, compared to $31.9 million for Q1 2020.

  • Cash flow from operations was $39.9 million for Q1 2021, compared to $11.6 million for Q1 2020. Days Sales Outstanding was 61 days on March 31, 2021, compared to 68 days on December 31, 2020.

  • Cash totaled $197.2 million at March 31, 2021, compared to $204.7 million at December 31, 2020.

  • During the three months ended March 31, 2021, the Company repurchased 214,422 shares of Manhattan Associates common stock under the share repurchase program authorized by our Board of Directors for a total investment of $27.0 million. In April 2021, our Board authorized the Company to repurchase up to an aggregate of $50 million of the Company’s common stock.
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VYGVF’s Stock Price Decreased by 16.08%: Here’s How it Happened

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Voyager Digital Ltd.’s stock price was trading at $23.02 on 7th April, 2021. A loss of 16.08% or $4.41 from the previous closing price, $27.43 (6th April) occurred. On April 5th, the price went up to $29.41 and has been on a downfall since. The range was between $22.90 – $27.43 on April 7th.

Voyager Digital Ltd.(VYGVF) is a publicly-traded holding company, whose subsidiaries operate a licensed crypto-asset platform that provides investors with a turnkey solution to invest in and trade crypto assets, is pleased to provide stakeholders with a business update for the month ended March 31, 2021. The stock price of Voyager Digital Ltd.(OTCMKTS: VYGVF) has been on a steady decline for the last two days. The price went as low as $22.06, which was also the closing price on 7th April. Voyager Digital Ltd.(CSE: VYGR) also achieved their all time high price, trading at $29.00 on 5th April.

Voyager Digital ltd. (OTCMKTS: VYGVF CSE:VYGR) announced the following key metrics as of March 31, 2021:

  • Assets Under Management (AUM) exceeded US$2.4 billion
  • Total Funded Accounts at the end of March 2021 were over 270,000
  • Total Verified Users on the platform were over 1 million

Key monthly operating metrics for January through March 2021 are as follows:

March 2021 February 2021 January 2021
Net Deposits $650M $400M $170M
New Funded Accounts 95,000 70,000 65,000
New Verified Users 395,000 190,000 250,000
Principal Value traded $2.5B $1.6B $840M

All figures are preliminary and unaudited and subject to final adjustment. All amounts are in U.S. dollars, unless otherwise indicated.

“March was another record-setting month for Voyager as our retail-focused, zero-commission platform continued to attract an active community for both Bitcoin and our industry leading offering of over 50 altcoins,” said Stephen Ehrlich, Co-Founder and CEO of Voyager ( OTCMKTS: VYGVF CSE:VYGR). “All of our significant revenue-driving metrics increased in excess of 35% during the month of March from the previous month. As demand continues to accelerate for the Voyager Platform, we are enhancing our infrastructure to meet this swiftly growing demand and accommodate anticipated future growth as we expand our suite of offerings in the coming years.”

Mr. Ehrlich concluded, “Our management team is focused on the long-term opportunity to capture significant market-share within this rapidly expanding industry. The initiatives we are embarking on, such as adding new products to our platform and further geographic expansion, are designed to competitively position Voyager for long-term success. We will continue to execute on these initiatives and look forward to providing our investors another update on our next quarterly conference call.”

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AMC stock price bounced back( 13.35% growth): Here’s Why it happened

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AMC ( NYSE:AMC ) ’s stock price increased by 13.35% on 5th April 2021. The price increased from $9.36 to $10.61 within one day. B. Riley analyst Eric Wold said it’s time to buy, citing an improving balance sheet outlook and as a strong opening weekend for ‘Godzilla vs. Kong’ pointed to a resurgence in demand.

 

AMC(NYSE:AMC) announced that the movie theater chain’s stock AMC, +13.35% bounced 14.6% in afternoon trading, following a 32.8% tumble in the meme stock over the past two weeks.

 

Wold raised his rating to buy from neutral and boosted his price target to $13, which was 39% above Thursday’s closing price, from $7.

 

“We have remained impressed with management’s ability to weather the pandemic headwinds by both strengthening the balance sheet and negotiating with landlords to improve the cash runway into 2022,” Wold wrote in a note to clients. “And as the largest exhibitor in North America that also operates the highest number of IMAX screens, we view AMC as well positioned to benefit from the industry’s projected resurgence and return to pre-pandemic attendance levels by 2023.”

 

Wold said, “although the North American theater base is only about 60% open, and with seating capacity limitations averaging from 25% to 50%, the movie still took in about $48.5 million in domestic box office revenue. That compares with the $47.8 million that ‘Godzilla: King of the Monsters’ opened with in May 2019.”

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