Five high-flying communication stocks to watch this fall

Summary AutoWeb, Inc. (NASDAQ: AUTO) announced the acquisition of CarZeus’ assets on Aug 2, 2021. The stock has given a 37.25% YTD return. Townsquare Media, Inc. (NYSE: TSQ) has a forward P/E for one year of 9.46. The stock gave a 96.47% ...

Summary Netflix, Inc.’s (NFLX) P/E ratio is 52.95. Its net income grew 88% YoY in the second quarter. Walt Disney’s (DIS) net income for the April quarter of 2021 rose 96% YoY. The stock gained nearly 50% in one year. Roku, Inc. (R...

Summary Zoom (ZM) is acquiring Karlsruhe Information Technology Solutions; the stock price rose 43% in one year. Shaw (SJR) witnessed a 77% growth in one year. It closed at US$ 28.63 on July 8, 2021.  Pinterest, Inc. (PINS) gave a 177% re...

Summary The New York Stock Exchange suspended GTT Communications’ trading and started delisting proceedings. GTT Communications does not expect to file the restated statements and delayed filings before August 17. The stock, which return...

News, media, and entertainment company BuzzFeed Inc. has said that it is in talks for a stock listing via a SPAC merger. BuzzFeed expects a valuation of US$1.5 billion after the merger with 890 fifth Avenue Partners Inc., the company said on Thurs...

GTT Communications, Inc. (NYSE: GTT) stock jumped more than 25 percent on Thursday’s pre-market trading and continues its rally after the markets opened. The stock’s value more than doubled this month. However, the share price is down ...

Summary Globalstar Inc. (GSAT) has surged around 44% in the last five days. Mid-cap GSAT is trading in high volume for the past two days, possibly due to the Reddit WallStreetBets forum. Cash and Cash equivalent has grown almost 228% QoQ at th...

Summary Television operator Dish Network Corp recorded US$4.50 billion in revenue in Q1. Fox Corp. registered a net income of US$582 million in Q1 of 2021. Wireless service provider Verizon Communications’ revenue rose 2.4% YoY to US$7.8...

Summary The stock of Kansas City-based movie exhibition company surged over 7 percent on Monday. With the CDC’s latest guidelines on masks and social distancing, theatres could open to their full capacity. AMC raised approximately US$428...

Summary The stock of Kansas City-based movie exhibition company surged over 7 percent on Monday. With the CDC’s latest guidelines on masks and social distancing, theatres could open to their full capacity. AMC raised approximately US$428...