Streetbeat News

PFSW

PFSWEB Inc

Employees

1,247

Industry

Data Processing, Hosting, and Related Services

we are a commerce operations provider facilitating transactions, fulfilling orders, and satisfying customers for major brands and retailers. pfs is now the operations business unit of pfsweb, inc. for over two decades, we’ve developed our technology capabilities, creative personalization services, customer service solutions, fulfillment and omni-channel practices, and much more.

Open

7.49

Mkt cap

171M

Volume

112K

High

7.50

P/E Ratio

-17.43

52-wk high

11.45

Low

7.48

Div yield

N/A

52-wk low

3.80

Transcosmos has announced its decision to tender all its outstanding shares in PFSweb, Inc. (16.2% of all outstanding shares) to GXO Logistics, Inc. The decision was made at the company's management meeting held on October 10, 2023.

Portfolio Pulse from Charles Gross

October 10, 2023 | 9:02 am

The article lists four tech stocks that are considered overbought and may collapse in October. These include Jabil Inc. (JBL), New Relic, Inc. (NEWR), PFSweb, Inc. (PFSW), and Splunk Inc. (SPLK). The overbought status is determined by the Relative Strength Index (RSI), which is above 70 for all these stocks. Jabil reported mixed Q4 results, New Relic is set to be acquired by Francisco Partners and TPG, PFSweb is to be acquired by GXO Logistics, and Splunk is to be acquired by Cisco.

Portfolio Pulse from Lisa Levin

October 06, 2023 | 11:30 am

Beryl Capital Management LLC has increased its stake in PFSweb to 9.9%, according to a 13G filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 8:20 pm

Craig-Hallum analyst George Sutton has downgraded PFSweb (NASDAQ:PFSW) from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:09 pm

U.S. stocks traded higher with the Nasdaq Composite gaining more than 100 points. First Wave BioPharma shares spiked 23% after announcing a license agreement for capeserod from Sanofi. PFSweb shares shot up 48% after GXO Logistics announced it will acquire the company. MYT Netherlands Parent B.V. shares gained 13% after reporting Q4 financial results. IBEX Limited shares dropped 25% after reporting worse-than-expected Q4 results and issuing FY24 revenue guidance below estimates. Clearmind Medicine shares were down 57% after announcing pricing of a public offering. BIOLASE shares fell 38% after announcing pricing of a public offering.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 6:30 pm

During Thursday's intraday session, several information technology stocks experienced significant movements. PFSweb (PFSW), SemiLEDs (LEDS), Iris Energy (IREN), AudioEye (AEYE), WiSA Technologies (WISA), and Soluna Holdings (SLNH) saw their stocks rise, with PFSweb leading the gainers with a 48.2% increase. On the other hand, MicroCloud Hologram (HOLO), Semantix (STIX), CS Disco (LAW), T Stamp (IDAI), FOXO Technologies (FOXO), and Actelis Networks (ASNS) experienced a decrease in their stock prices, with MicroCloud Hologram leading the losers with a 37.5% decrease.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 5:31 pm

Several stocks experienced significant price movements in Wednesday's mid-day session. First Wave BioPharma shares jumped 89.5% after announcing a license agreement for capeserod from Sanofi. PFSweb gained 48.3% following GXO Logistics' acquisition announcement. Taseko Mines, Avalo Therapeutics, NeuBase Therapeutics, MYT Netherlands Parent, Soluna Holdings, Nikola Corporation, Trinseo, Alaunos Therapeutics, Orchestra BioMed Holdings, Eiger BioPharmaceuticals, Uniti Group, Lixiang Education Holding, TransCode Therapeutics, and Novo Integrated Sciences also saw gains. On the other hand, Sezzle, Clearmind Medicine, BIOLASE, OKYO Pharma, IBEX, Bionomics, MicroCloud Hologram, Harpoon Therapeutics, ZyVersa Therapeutics, Super League Enterprise, Axcella Health, BIMI International Medical, Impel Pharmaceuticals, PureCycle Technologies, Ivanhoe Electric, SIMPPLE, Iovance Biotherapeutics, Radiant Logistics, CS Disco, Ambipar Emergency Response, Genius Sports, and Vital Energy saw declines.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 4:58 pm

U.S. stocks traded higher with the Nasdaq Composite gaining around 100 points. Energy shares jumped by 1.2%. First Wave BioPharma, PFSweb, and MYT Netherlands Parent shares rose significantly after positive news. However, IBEX Limited, Clearmind Medicine, and BIOLASE shares dropped due to negative financial results and public offerings. Oil traded up 1.7% to $90.04.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 4:19 pm

GXO Logistics (NYSE:GXO) has announced a merger with PFSweb (NASDAQ:PFSW), expected to be completed in Q4 of 2023. GXO Logistics will give PFSweb $181.00 million in cash in exchange for PFSW stock.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 3:10 pm

Several US stocks traded higher, with PFSweb, Inc. (PFSW) jumping 48.3% after GXO Logistics announced its acquisition. International Game Technology PLC (IGT) also jumped 9.6% following a report suggesting Apollo is among potential suitors for IGT's global gaming unit. Virtu Financial, Inc. (VIRT) rose 9.2% after Citigroup upgraded it from Neutral to Buy and announced a $20 price target.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 2:25 pm

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