The online trading platform, which has more than tripled in the last 12 months, is trading at a lofty valuation, per Wolfe Research.
Related Posts
IPO market gets boost from Circle’s 500% surge, sparking optimism that drought may be ending
Tech IPOs had a breakout month in June, led by crypto firm Circle, leading some investors to predict a big second half of the year.
Ron Insana: Waller’s hopes for a rate cut could be cut short by a 1970s replay
Fed Governor Christopher Waller may well have glossed over an important lesson in Fed history.
Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter
Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.