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Stock impact report

Why Global-e Online Stock Zoomed Nearly 24% Higher This Week [Yahoo! Finance]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Yahoo! Finance
Its share price experienced a lift of almost 24% across the five-day stretch, according to data compiled by S&P Global Market Intelligence . That was thanks to a strong quarterly earnings report, and a set of subsequent analyst price target raises. For Global-e's third quarter , the company earned $176 million, which was 32% higher year over year. That was on the back of a 35% improvement in gross merchandise volume, which landed at just over $1.13 billion. The specialty e-commerce facilitator also managed to narrow its net loss considerably, as it came in at less than $23 million ($0.13 per share) versus the third-quarter 2023 result of $33 million. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Both headline metrics beat analyst expectations. On average, pundits tracking Global-e stock were modeling just under $169 million on the top line, and $0.15 per share for net loss, according to data compiled by Zack's. In i Show less Read more
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