Dear friends,
Here is the news of the top of today's Market Movers (Part 2 of 2).
? $ABNB (Airbnb Inc) -2.35%
Said Q3 bookings could be hit by the Delta variant of the coronavirus and now expects nights and experiences booked in Q3 to slow from Q2 and remain below 2019 levels. However, co posted a more than four-fold rise in bookings to $13.4 billion in Q2. Reported a quarterly net loss of -$0.11/share.
? $SPCE (Virgin Galactic Holdings Inc) -3.24%
Lower this morning after reporting the open market sale of 10.4m shares in an offering.
? $BTC 5.16%
Trading higher today as a group as Bitcoin retests recent highs trading back above $46K and are set to record a fourth straight weekly gain. Coinbase Global is among the most actively traded after BOFA initiates coverage on the stock with a “Neutral” rating and a $273 PT. $COIN (Coinbase Global Inc)
? $BOXL (Boxlight Corp) 31.09%
Shares of the education focused technology company are up sharply at a fresh six-week high after it reported Q2 revenue was up 497% to $46.8 mln and customer orders higher by 986% at $76 mln. BOXL forecast Q3 revenue at $60 mln, a near 533% rise from the corresponding quarter last year, the company overall reported a 4 cent loss per share in Q2 against analyst estimates of a loss of 5 cents