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Why ThredUP Stock Jumped Today

The Motley Fool

What happened Shares of ThredUP (NASDAQ: TDUP) popped today after the clothing resale specialist posted better-than-expected results in its second-quarter earnings report even as growth remains slow and the company is unprofitable. The stock closed up 26.1% on the news. So what Revenue rose 8% to $82.7 Active buyers were down 0.8%

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Why Hertz Stock Tumbled and Then Recovered Today

The Motley Fool

That was the result of an overdone push into electric vehicles, whose resale values have plummeted, as well as its purchases of gas-powered vehicles a few years ago when their prices were soaring due to supply-chain-related shortages. On the bottom line, the company reported an adjusted loss of $0.68 per share, down from a profit of $0.70

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Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead

The Motley Fool

Plus, a report by Goldman Sachs suggests consumers are concerned about a lack of rapid charging infrastructure , as well as the declining resale value of EVs in general. Demand is softening across the EV industry right now as consumers opt for cheaper gas-powered cars amid tough economic conditions headlined by high interest rates.

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Why Opendoor Stock Plunged 34% in April

The Motley Fool

Opendoor's struggles won't end until the housing market improves Opendoor operates an iBuying business, which means it buys properties for resale on its website and provides a digital marketplace for homes. It sold 3,078 homes for $1.2 billion, more than its guidance for a high of $1.1 Gross profit was $114 million with a 9.7%

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Why Opendoor Stock Plunged 24% in January

The Motley Fool

It makes quick offers on homes without the need for staging and open houses, which benefits sellers, and it makes the necessary home improvements to have homes ready for resale, which benefits buyers. A better way to buy and sell homes Opendoor operates an iBuying platform connecting buyers and sellers. Revenue was $980 million, down from $3.4

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Where Will Opendoor Stock Be in 1 Year?

The Motley Fool

That slowdown also caused its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) -- which briefly turned positive in 2021 -- to turn negative again. Metric 2020 2021 2022 9M 2023 Revenue $2.6 billion $8.0 billion $15.6 billion $6.1 AI isn't a magic bullet that will solve all of Opendoor's recent problems.

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DXC Technology (DXC) Q1 2024 Earnings Call Transcript

The Motley Fool

Although this is not great news, I would like to point out that a major piece of the revenue shortfall was resale revenue, which is low margin, and we have conscientiously reduced over the last few years to limit our dependency on this type of revenue. So, in the short term, the underrun and resale revenue impacts bottom-line profit.

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