Despite significant selling of Olo over the past months, the lack of insider purchases, and a trend of sell-offs despite a dropping share price, skepticism around the stock remains. Insider activities suggest a bearish sentiment towards Olo.
Despite an increase in cash burn, Olo's substantial cash runway and expectation to reach breakeven point bring comfort. Positive factors, including a surge in operating revenue, further mitigate this rise.
$Rivian Automotive(RIVN.US)$— The electric vehicle maker rose 3.1% in after-hours trading after beating revenue estimates and posting a smaller-than-expected loss in the latest quarter. Rivian reaffirmed its delivery estimates for the year but said it expects a larger loss than anticipated as it grapples with supply chain constraints. $Toast(TOST.US)$— Toast soared more than 10% in extended trading after sharing positive guidance for the current qu...
Olo Inc股票討論區
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In reaction to earnings/guidance:
• $Payoneer Global(PAYO.US)$ +19.4%,$Toast(TOST.US)$ +13.1%,$PDF Solutions(PDFS.US)$ +7.7%,$Wheels Up Experience(UP.US)$ +7.1%,$LegalZoom(LZ.US)$ +6.5%,$Joby Aviation(JOBY.US)$ +3.6%,$indie Semiconductor(INDI.US)$ +2.9%,$Rocket Lab(RKLB.US)$ +2.4%,$Rivian Automotive(RIVN.US)$ +1.2%
Other news:
• $WeTrade Group(WETG.US)$ +47.8%(announces $50 million sales of monkeypox virus test kits to Par...
Stocks making the biggest moves after hours:
$Toast(TOST.US)$ — Toast soared more than 10% in extended trading after sharing positive guidance for the current qu...
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