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Stock impact report

New Stifel Survey Examines Impact of COVID-19 on Global Technology Community

Stifel Financial Corporation (SF) 
Last stifel financial corporation earnings: 7/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stifel.com/investor-relations
Company Research Source: GlobeNewswire
ST. LOUIS, April 17, 2020 (GLOBE NEWSWIRE) -- A new Stifel Financial Corp. (NYSE: SF) survey of nearly 300 technology executives, entrepreneurs, and private equity (PE) and venture capital (VC) investors finds most expect the COVID-19 crisis to have a lengthy impact on business operations, leading to a U-shaped economic recession. At the same time, the survey indicates that a majority of companies appear to have sufficient liquidity to weather the storm and potentially eye add-on acquisitions. Key survey highlights include: The majority of PE/VC respondents (62%) expect to see a business impact from COVID-19 on their portfolio companies for more than six months, while nearly half of tech executives/entrepreneurs (46%) are also planning for disruption lasting at least half a year.  Most (55% of executives/entrepreneurs and 65% of PE/VC investors) expect a U-shaped recession. A majority of PE/VC investors (76%) and executives/entrepreneurs (55%) are planning to pursue add-on acquisi Show less Read more
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