InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,099.96
(
1.02%
)
US TECH 100
17,240.00
(
1.54%
)
Dow Jones
38,239.66
(
0.40%
)
Brent Oil
88.17
(
0.02%
)
Bitcoin
63,815.01
(
-1.04%
)
Post# of 2846
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

rhoyt

Send PM Follow Ignore
Followers 2
Posts 346
Boards Moderated 0
Alias Born 08/11/2016

rhoyt

Re: None

Thursday, 01/04/2018 2:44:44 PM

Thursday, January 04, 2018 2:44:44 PM

Post# of 2846
From yesterday's news.

"By Ed Lin In the last two weeks of December, Morgan Stanley disclosed large positions in five smaller stocks. The bank now owns stakes of more than 5% in Roku (ticker: ROKU), Apptio (APTI), Asbury Automotive Group (ABG), Xunlei (XNET) and PHH (PHH). Roku is the largest company with a market value of $5.1 billion. Apptio, Asbury Automotive and Xunlei have market values of about $1 billion. PHH is the lightweight with a market capitalization of $335 million. "

Why would Morgan Stanley downgrade a stock where they own more than a 5% stake? Answer: So it would be cheaper to buy more. ROKU is the largest of the smaller companies that M.S. has a stake in.

This is going up in after hours trading.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent ROKU News
More ROKU News
InvestorsHub NewsWire

Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM

Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM

Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM

Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM

North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM

Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM

Start posting your company's news
Only $200 per official company press release!