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NerdWallet’s fair value estimate has been trimmed from US$12.83 to US$12.00, a roughly 6.5% reduction in the analyst derived price target. This shift lines up with more cautious Street commentary that
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Splashy initial public offerings often skyrocket early on, only to return to earth with a thud, Wall Street analysts say.
A sideways selloff continued in early afternoon trading on Wednesday, but small-caps were holding their ground. The Nasdaq Composite was down 2%. The index was up 0.2% at its high earlier in the morni
If you look beyond the upside potential, there's still plenty of risk to navigate past.
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