“Citi Raises Reddit’s Price Target to $200 Amid Rising Momentum”
"Citi analysts boost Reddit's stock price target to $200, recognizing a 67% increase backed by strong advertiser interest, user engagement, and innovative product roll-outs. This vote of confidence underscores Reddit's robust growth potential in the digital advertising and social media sectors—making it a compelling opportunity for investors." Read more
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“Scholastic Stock Dips 6% Amid Poor Q2 Performance”
Following weaker-than-expected Q2 results, leading children's book publisher, Scholastic Corp's shares tumbled over 6% in today's pre-market trading. Despite reporting a significant year-over-year revenue decline, Scholastic stays optimistic about its future, with a reinforced fiscal 2025 guidance and proactive steps to boost its financial flexibility. Read more
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“MillerKnoll Q2 Results Strong, Warns of Slower Growth; Stocks Down 9%”
"Despite prevailing market challenges, leading furniture manufacturer, MillerKnoll, outperformed Wall Street predictions with its Q2 earnings. The results highlight the firm's strategic agility in leveraging its diverse brand portfolio, even amidst fluctuating conditions. However, a cautionary third-quarter outlook reflects potential market uncertainties ahead." Read more
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