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Posts tagged to share price

Weight Watchers: A poorly timed rebranding has crushed investor expectations and collapsed the share price

MarketLine

On February 26th 2019, dieting and weight-loss company Weight Watchers released its annual report for 2018. The share price settled in the week following the announcement, but not before the company suffered the second-largest share price drop in its history, dropping nearly 35% overnight. While the financial performance was remarkable – revenues and operating incomes grew more than $200m and $100m respectively – investors were primarily interested in what is perhaps Weight Watchers’ most important metric: its number of end of period subscribers. Historically Weight Watchers has found subscribers following… Read more

Apple’s Share Price Plummets: An end to the tech giant’s perceived monopoly on innovation?

MarketLine

On November 1 2018, Apple announced its Q4 2018 results. The limelight was stolen, however, by the warning of poor sales over the next quarter – the crucial Christmas shopping period. This announcement scared off many investors and since the start of the month the company’s share price has fallen by more than 20% – now down to $172.29 a share as of the close of markets on Friday November 23. The sell-off has effectively wiped all of Apple’s gains since the start of 2018, with the share price currently… Read more