Struggling Babylon Holdings eyes reverse stock split
With its shares down 93% since its IPO, the telehealth company may try a tactic which doesn’t usually work.
Investing. Plain and simple.
With its shares down 93% since its IPO, the telehealth company may try a tactic which doesn’t usually work.
Their core businesses have benefitted from work-from-home trends and the technology needed to facilitate that.
Stocks splits makes shares more affordable and offer a few clues about a company, but do not add any value.
Optimists see a sustained rally starting just before Christmas, the pessimists a slow grind through the winter.
More weakness lies ahead as consumers and companies absorb interest rate and inflation shocks.
The shares are trading at one-third of their spring 2021 peak even though long term prospects are good.
It is an example of a company that continues to build on its successes of the past two years.
Share prices are becoming attractive for top quality companies and beaten down tech leaders.
While the yields are less than inflation, they are attracting safety-conscious investors after a long drought.
At current prices analysts say stocks are attractive, but prices may still have further to fall.










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