All birds went public a month ago, and their first earnings report probably makes some of them wonder if they should have stayed private. They expect revenue to increase 53 % in the fourth quarter, but investors should still expect an operating loss of about 35 million dollars. Maria: If i loved this business as much as i love the shoes that i'm wearing, i would buy this stock. But i don't ye i think you see with all birds, theyre continuingtat this trend of kind of lack lustre ip os With about forty nine percent of companies that raise more than one billion are trading below their listing prices that came public this year.
The unemployment rate falls but job growth disappoints. Salesforce reports better-than-expected profits and promotes Bret Taylor to co-CEO. Square changes its name to Block. Jack Dorsey steps down as CEO of Twitter. And Docusign plummets on weak guidance. Motley Fool analysts Maria Gallagher and Ron Gross discuss those stories and weigh in on the latest from Ulta Beauty, Okta, Allbirds, and Chipotle. Our analysts share two stocks on their radar: DoorDash and NextEra Energy. Plus, toy industry analyst Jackie Breyer talks holiday toys, supply chain, and bumper cars for toddlers!
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