Streetbeat News

FRGE

Forge Global Holdings, Inc.

https://forgeglobal.com

Industry

Software - Application

Forge Global Holdings, Inc. provides marketplace infrastructure, data services, and technology solutions for private market participants. It enables private company shareholders to trade private company shares with accredited investors. The company was founded in 2014 and is based in San Francisco, California.

Open

1.14

Mkt cap

185M

Volume

875K

High

1.14

P/E Ratio

-2.35

52-wk high

4.02

Low

1.00

Div yield

N/A

52-wk low

1.00

JMP Securities analyst Devin Ryan has reiterated a 'Market Outperform' rating on Forge Global Holdings (FRGE) and maintained a $7 price target.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 2:43 pm

MariaDB plc (MRDB) shares surged by approximately 100% in pre-market trading following an announcement by Progress Software (PRGS) about a potential offer for the company. Other stocks also showed significant movement in pre-market trading, with notable gainers including Destiny Tech100 Inc (DXYZ), PaySign, Inc. (PAYS), and Hitek Global Inc. (HKIT), among others. On the losing end, Direct Digital Holdings, Inc. (DRCT), Velo3D, Inc. (VLD), and JOANN Inc. (JOAN) experienced substantial declines after reporting disappointing financial results or facing delisting issues.

Portfolio Pulse from Avi Kapoor

March 27, 2024 | 12:14 pm

Oppenheimer analyst Owen Lau maintains an Outperform rating on Forge Global Holdings (FRGE) with a price target of $3.5.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 11:36 am

Forge Global Holdings' shares dropped following the announcement of disappointing Q4 financial results, missing market expectations.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 11:20 am

GameStop Corp. (NYSE:GME) reported Q4 earnings with net sales of $1.794 billion, missing the consensus estimate of $2.05 billion, and an EPS of 22 cents, below the expected 29 cents, causing a 14.9% drop in pre-market trading. Other stocks also moved lower in pre-market trading due to various reasons including poor financial results and special dividend announcements.

Portfolio Pulse from Avi Kapoor

March 27, 2024 | 9:39 am

Forge Global Holdings shares are trading lower following the announcement of Q4 financial results that did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:41 pm

Forge Global Holdings (NYSE:FRGE) reported Q4 earnings with an EPS of $-0.15, missing estimates by -50.0% against an expected $-0.1. Revenue increased by $2.24 million from the same period last year. Despite past earnings misses, the share price increased by 0.0% the day after the last earnings report.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 8:40 pm

Forge Global Holdings (FRGE) reported Q4 2023 earnings with a GAAP EPS of $(0.15), missing the $(0.10) estimate, and sales of $19.059M, missing the $19.570M estimate. This represents a 13.30% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:35 pm

Numerous companies are scheduled to report their earnings on March 26, 2024, with a mix of projected profits and losses across various sectors. Notable mentions include bluebird bio with an expected quarterly loss, Elbit Systems projecting earnings, and GameStop anticipated to report earnings. Other companies like McCormick & Co and TD Synnex are also expected to report significant earnings, while firms like AEye and Ouster are projected to report losses.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 8:47 am

Landos Biopharma, Inc. (LABP) shares surged over 170% following acquisition news by AbbVie Inc. (ABBV). Other stocks also showed significant movement in Monday's mid-day session, with notable gainers including Next.e.GO N.V. (EGOX), Altamira Therapeutics Ltd. (CYTO), and MicroAlgo Inc. (MLGO), among others. Losers for the day included Sintx Technologies, Inc. (SINT), Akanda Corp. (AKAN), and Fisker Inc. (FSR), with declines attributed to various factors such as public offerings and terminated negotiations.

Portfolio Pulse from Avi Kapoor

March 25, 2024 | 6:44 pm

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