Tourism > Stocks

Roku has tripled since going public - and traders betting against the stock are getting crushed

24 days ago   |   By

Reuters / Brendan McDermid
Roku has tripled since going public in late September, spiking on Monday after reporting sales that beat Wall Street estimates.
Traders betting against Roku have lost more than $100 million since the company's initial public offering.
When it comes to television these days, it never pays to bet against the cord cutters.
Traders in the newly public Roku are finding that out the hard way.
They've piled into wagers against the company as the stock - which started trading on September 27 - has tripled in price. That surge to $42 a share from the initial public...
Read more ...

 

One of the top recruitment firms on Wall Street published its annual compensation guide for traders - and it's not pretty

One of the top recruitment firms on Wall Street published its annual compensation guide for traders - and it's not pretty

24 days ago   |   By

Spencer Platt/Getty Images
According to an annual survey by Wall Street recruiting firm Options Group , compensation is going to drop for just about every business line in trading.
Those running electronic markets for fixed income and equities are the exception.
Investment bankers should expect a 10% increase on average.
It's not looking good for Wall Street traders.
According to an annual survey by Wall Street recruiting firm Options Group, total compensation for fixed income and equities professionals in the US will be down 7% from last year, on average.
The decline is steeper still for...
Read more ...

 


Search by Tags

   Stocks      Stock Market      Roku      Short Sellers      ROKU      Guide      Business      Wall Street      Bonus  


Carnival Cruise Line Earns “Best Value for the Money,” “Best Service” Honors...

Carnival Cruise Line Earns “Best Value for the Money,” “Best Service” Honors in Cruise Critic Editors' Picks Awards

Carnival Cruise Line received “Best Value for the Money” and “Best Service” honors in Cruise Critic's annual Editors' Picks Awards which are selected by a panel of editors at... Read more ...

U.S State Department to roll out new travel warning system by January

U.S State Department to roll out new travel warning system by January

The State Department will implement a tiered system identifying the risk for every country in the world. During discrete events like the nationwide protests or epidemic... Read more ...

Disney Skyliner will offer new gondola system that will connect theme parks

Disney Skyliner will offer new gondola system that will connect theme parks

Disney Skyliner will be the latest addition as Disney released the new details and visuals on gondolas that will conncet some of its theme parks and hotels at Walt Disney... Read more ...

The Best Luxury Hotel Stays for the Holidays

The Best Luxury Hotel Stays for the Holidays

Embrace the festive period by celebrating the holidays with the hearty seasonal cuisine, sparkling decorations and exclusive events offered by each of these luxury... Read more ...

A Benchmark for Business Excellence; MDIS wins Enterprise 50 Awards

A Benchmark for Business Excellence; MDIS wins Enterprise 50 Awards

The Management Development Institute of Singapore , an education destination for hundreds of students from India every year, has added another feather in its cap. The Institute... Read more ...

Marriott International ready to open 40 deluxe hotels in 2018

Marriott International ready to open 40 deluxe hotels in 2018

In the next 20 years Marriott International is estimated to emerge as a market leader. This globally acclaimed hospitality brand is expected to open about 40 deluxe hotels in... Read more ...

Tourism Ireland and partners attend International Luxury Travel Market in Cannes

Tourism Ireland and partners attend International Luxury Travel Market in Cannes

Sixteen (16) tourism businesses from Northern Ireland and the island of Ireland join Tourism Ireland in Cannes this week, for the annual International Luxury Travel Market... Read more ...

The ‘Glorious Playground' Ends The Year On A High, Sweeping The Golf...

The ‘Glorious Playground' Ends The Year On A High, Sweeping The Golf Industry Accolade Board In 2017

Gleneagles, the iconic Scottish hotel and global luxury destination, is the newly-crowned ‘No.1 Golf Resort in Britain & Ireland', an important accolade that brings the curtain... Read more ...

Aeroflot named world's leading airline brand

Aeroflot named world's leading airline brand

Aeroflot has taken the prestigious World's Leading Airline Brand 2017 prize at the World Travel Awards, the first time the nomination has been awarded. Known as the Oscars of... Read more ...

Passenger Increase At Swedavia's Airports In November

Passenger Increase At Swedavia's Airports In November

In November, 3,300,000 passengers flew to or from one of Swedavia's ten airports in Sweden - a three per cent increase compared to November 2016. International traffic was up... Read more ...