CardRatings.com Analyzes Whether a Recent Drop in Credit Card Debt is Actually Good News
QuinStreet, Inc. (QNST)
Last quinstreet, inc. earnings: 2/5 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.quinstreet.com/company-overview
Company Research
Source: Business Wire
Credit card debt declined in the first quarter of 2024; however, with other types of debt rising, consumers may simply be trading one problem for another. CardRatings’ credit card experts explain why this drop in debt might not actually be good news. FOSTER CITY, Calif.--(BUSINESS WIRE)--Given the number of Americans struggling with credit card debt, seeing balances owed go down might seem like a cause for celebration; however, other debt trends from the first quarter of 2024 suggest that people are simply trading one form of debt for another.At the end of 2023, Americans owed a total of $1.129 trillion in credit card debt. During the first quarter of 2024, that debt shrunk by $14 billion. Conversely, total consumer debt rose during this same quarter – by $184 trillion.CardRatings.com, a leading credit card review and comparison site, examines these figures and discusses the driving force behind these trends in their article: Is the recent drop in credit card debt actually good new
Show less
Read more
Impact Snapshot
Event Time:
QNST
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
QNST alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
QNST alerts
High impacting QuinStreet, Inc. news events
Weekly update
A roundup of the hottest topics
QNST
News
- Companies Like QuinStreet (NASDAQ:QNST) Can Afford To Invest In Growth [Yahoo! Finance]Yahoo! Finance
- Surging Credit Card Delinquency Rates are Affecting Credit Limits [Yahoo! Finance]Yahoo! Finance
- Surging Credit Card Delinquency Rates are Affecting Credit LimitsBusiness Wire
- Did QuinStreet, Inc. (QNST) Receive a Buy Rating from Wall Street Analysts? [Yahoo! Finance]Yahoo! Finance
- QuinStreet, Inc. (NASDAQ: QNST) was upgraded by analysts at Craig Hallum from a "hold" rating to a "buy" rating. They now have a $22.00 price target on the stock.MarketBeat
QNST
Earnings
- 5/8/24 - Beat
QNST
Sec Filings
- 5/16/24 - Form 4
- 5/14/24 - Form 4
- 5/14/24 - Form 4
- QNST's page on the SEC website