Latest news with #VirtuFinancial
Yahoo
30-06-2025
- Business
- Yahoo
Earnings Growth & Price Strength Make Virtu Financial (VIRT) a Stock to Watch
Kickstarting your investment journey can be both exciting and scary at the same time, and if you're new to investing, you may not know where to even begin. However, one thing is for certain -- stocks set to beat the market over the next 12 months serve as the perfect foundation for any kind of investor. Now, let's break down why adding this one exceptional stock, highlighted below, to your portfolio could be a recipe for success. Headquartered in New York, NY, Virtu Financial is a market-leading financial services firm that leverages cutting-edge technology to provide execution services and data, analytics and connectivity products to its clients and deliver liquidity to the global markets. It provides a wide array of offerings in execution, liquidity sourcing, analytics and broker-neutral, multi-dealer platforms in workflow technology. The company was founded in 2008. VIRT was added to the Zacks Focus List on July 31, 2023 at $18.9 per share. Since then, shares have increased 135.03% to $44.42. One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.05 to $4.02. VIRT boasts an average earnings surprise of 20.2%. Moreover, analysts are expecting Virtu Financial's earnings to grow 13.2% for the current fiscal year. It can be very profitable to buy stocks with rising earnings estimates, as stock prices respond to revisions. By adding a Focus List stock like VIRT, there's a great chance you'll be getting into a company whose future earnings estimates will be raised, which can lead to price momentum. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Virtu Financial, Inc. (VIRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
18-06-2025
- Business
- Associated Press
SHAREHOLDER ALERT: Morris Kandinov Investigating VIRT, NSSC, DV, and TMCI; Shareholders are Encouraged to Contact the Firm
SAN DIEGO, June 18, 2025 (GLOBE NEWSWIRE) -- National law firm Morris Kandinov is investigating Virtu Financial, Inc., Napco Security Technologies, Inc., DoubleVerify Holdings, Inc., and Treace Medical Concepts, Inc. If you are a current owner of shares, contact [email protected] or call (619) 780-3993. Virtu Financial, Inc. (NYSE: VIRT) Accused of Misleading Investors Morris Kandinov reminds investors that a securities class action lawsuit has commenced on behalf of investors of Virtu Financial, Inc. Morris Kandinov is investigating Virtu Financial regarding possible breaches of fiduciary duties and other violations of law on behalf of shareholders. The class action lawsuit alleges that: (i) the company maintained deficient policies and procedures with respect to its information access barriers; (ii) accordingly, Virtu had overstated the company's operational and technological efficacy as well as its capacity to block the exchange of confidential information between departments or individuals within the company; (iii) the foregoing deficiencies increased the likelihood that the company would be subject to enhanced regulatory scrutiny; and (iv) as a result, defendants' public statements were materially false and/or misleading at all relevant times. On March 17, 2025, Judge Nicholas G. Garaufis of the United States District Court for the Eastern District of New York issued an order denying in part the defendants' motion to dismiss in the pending securities class action against Virtu Financial, paving the way for litigation to proceed. Morris Kandinov LLP is investigating possible breaches of fiduciary duties and other violations of law, on behalf of shareholders. To learn more about this investigation and your rights, visit: All representation is on a contingency fee basis. Shareholders pay no fees or expenses. Napco Security Technologies, Inc. (NASDAQ: NSSC) Accused of Misleading Investors Morris Kandinov reminds investors that a securities class action lawsuit has commenced on behalf of investors of Napco Security Technologies, Inc. Morris Kandinov is investigating Napco Security Technologies regarding possible breaches of fiduciary duties and other violations of law on behalf of shareholders. To learn more about this investigation and your rights, visit: All representation is on a contingency fee basis. Shareholders pay no fees or expenses. DoubleVerify Holdings, Inc. (NYSE: DV) Accused of Misleading Investors Morris Kandinov reminds investors that a securities class action lawsuit has commenced on behalf of investors of DoubleVerify Holdings, Inc. Morris Kandinov is investigating DoubleVerify Holdings regarding possible breaches of fiduciary duties and other violations of law on behalf of shareholders. The class action lawsuit alleges that defendants throughout the class period made false and/or misleading statements and/or failed to disclose that: (i) DoubleVerify's customers were shifting their ad spending from open exchanges to closed platforms, where DoubleVerify's technological capabilities were limited and competed directly with native tools provided by platforms like Meta Platforms and Amazon; (ii) DoubleVerify's ability to monetize on its Activation Services was limited because the development of its technology for closed platforms was significantly more expensive and time-consuming than disclosed to investors; (iii) DoubleVerify's Activation Services in connection with certain closed platforms would take several years to monetize; (iv) DoubleVerify's competitors were better positioned to incorporate AI into their offerings on closed platforms, which impaired DoubleVerify's ability to compete effectively and adversely impacted DoubleVerify's profits; (v) DoubleVerify systematically overbilled its customers for ad impressions served to declared bots operating out of known data center server farms; and (vi) DoubleVerify's risk disclosures were materially false and misleading because they characterized adverse facts that had already materialized as mere possibilities. To learn more about this investigation and your rights, visit: All representation is on a contingency fee basis. Shareholders pay no fees or expenses. Treace Medical Concepts, Inc. (NASDAQ: TMCI) Accused of Misleading Investors Morris Kandinov reminds investors that a securities class action lawsuit has commenced on behalf of investors of Treace Medical Concepts, Inc. Morris Kandinov is investigating Treace Medical Concepts regarding possible breaches of fiduciary duties and other violations of law on behalf of shareholders. The class action lawsuit alleges that the company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) competition impacted the demand for and utilization of its primary product, the Lapiplasty 3D Bunion Correction System; (2) as a result, Treace Medical's revenue declined and the company needed to accelerate its plans to offer a product that was an alternative to osteotomy (a surgical procedure that involves cutting and realigning a bone to improve its position or function); and (3) Defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. On May 7, 2024, after market hours, when the company issued a press release reporting, among other things, that it lowered its full-year 2024 revenue guidance from between $220 million and $225 million to between $201 million and $211 million. During the associated earnings call the same day, defendants revealed competition from minimally invasive osteotomy and Lapiplasty 'knockoffs' created headwinds for Lapiplasty growth. On this news, the company's stock price fell $6.95, or nearly 63%, to close at $4.17 per share on May 8, 2024, on unusually high trading volume. To learn more about this investigation and your rights, visit: All representation is on a contingency fee basis. Shareholders pay no fees or expenses. Concerned shareholders are encouraged to contact Leo Kandinov to learn more: [email protected] (619) 780-3993 Morris Kandinov LLP is a national law firm that specializes in recovering investment losses and protecting stockholder rights. We work on contingency (i.e., you do not pay our fees out-of-pocket), and our attorneys have made substantial recoveries for investors in jurisdictions across the country. The firm would be happy to further discuss these matters, and any legal rights or remedies potentially available to you, at no charge. Attorney Advertising. Past results do not guarantee a similar outcome. Contact: Leo Kandinov, Partner [email protected] 619-780-3993 550 West B Street, 4th Floor San Diego, CA 92101
Globe and Mail
17-06-2025
- Business
- Globe and Mail
NYSE Content Advisory: Pre-Market update + ICE begins trading on NYSE Texas
NEW YORK , June 17, 2025 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on June 17th Intercontinental Exchange (NYSE: ICE), the parent company of the NYSE, will see its shares begin trading on NYSE Texas today following its dual listing. This year, NYSE Texas became the first securities exchange to operate in the Lone Star State. Stocks are down fractionally Tuesday morning as traders continue to monitor conflict in the Middle East . President Trump cut short his trip to the G7 Summit to return to Washington D.C. as attacks continued. President Trump downplayed the chances of a ceasefire between Israel and Iran and on Truth Social on Monday, called for an immediate evacuation of Tehran . Opening Bell Virtu Financial (NYSE: VIRT) celebrates its transfer to the New York Stock Exchange Click here to download the NYSE TV App SOURCE New York Stock Exchange
Yahoo
16-06-2025
- Business
- Yahoo
Best Income Stocks to Buy for June 16th
Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 16th: Greystone Housing Impact Investors LP GHI: This company that is in the business of mortgage revenue bonds has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days. Greystone Housing Impact Investors LP price-consensus-chart | Greystone Housing Impact Investors LP Quote This Zacks Rank #1 company has a dividend yield of 12.4%, compared with the industry average of 0.0%. Greystone Housing Impact Investors LP dividend-yield-ttm | Greystone Housing Impact Investors LP Quote Virtu Financial, Inc. VIRT: This financial services company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days. Virtu Financial, Inc. price-consensus-chart | Virtu Financial, Inc. Quote This Zacks Rank #1 company has a dividend yield of 2.3%, compared with the industry average of 0.0%. Virtu Financial, Inc. dividend-yield-ttm | Virtu Financial, Inc. Quote Flexsteel Industries, Inc. FLXS: This manufacturer of upholstered furniture has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.4% over the last 60 days. Flexsteel Industries, Inc. price-consensus-chart | Flexsteel Industries, Inc. Quote This Zacks Rank #1 company has a dividend yield of 2.3%, compared with the industry average of 0.0%. Flexsteel Industries, Inc. dividend-yield-ttm | Flexsteel Industries, Inc. Quote See the full list of top ranked stocks here. Find more top income stocks with some of our great premium screens. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Flexsteel Industries, Inc. (FLXS) : Free Stock Analysis Report Virtu Financial, Inc. (VIRT) : Free Stock Analysis Report Greystone Housing Impact Investors LP (GHI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Crypto Insight
13-06-2025
- Business
- Crypto Insight
Crypto has killed the weekend: Hedge funds quietly scramble to adapt
The always-on crypto market is reshaping global finance, pushing hedge funds and trading firms to look beyond traditional hours and staff desks through the weekend. Qube Research & Technologies, a global quantitative investment management firm headquartered in London, is hiring for a 'Crypto | Quant Trader (Weekend Shift)' role in London, which requires weekend availability in addition to a four-day workweek. The role, which includes overseeing continuous crypto trading, monitoring strategy performance and risks and implementing signals and data sets, requires working every other weekend and a normal day shift four days per week. Unlike traditional financial markets that operate on fixed schedules and close on weekends, the crypto market runs 24/7. There are no closing bells, holidays or after-hours sessions, and price movements can happen at any time, even during weekends. TradFi firms hire for weekend crypto roles Other traditional finance firms are also expanding crypto hiring to cover weekends. American high-frequency trading company Virtu Financial is seeking a weekend trader in Singapore to cover digital asset activity outside of weekday trading windows. Jump Trading's crypto division was looking to hire a weekend trader in Chicago. The position is currently not available, suggesting the company might have found the right candidate. The rise in weekend crypto roles comes as major hedge funds and trading firms are building crypto teams and infrastructure to operate around the clock. Brevan Howard's dedicated crypto unit, BH Digital, now boasts dozens of staff, including over 15 portfolio managers, more than 10 data scientists/traders and 20 external engineers supporting its strategies. Steve Cohen's hedge fund, Point72, is similarly expanding. Its Cubist quant division is hiring a crypto-focused quantitative developer in Paris. In a March report, CoinShares revealed that seven of the top 10 largest holders of Bitcoin ETF shares are now hedge funds. 'Hedge funds alone now account for 41% of all 13-F Bitcoin ETF holdings, surpassing investment advisers for the first time,' the firm wrote. Crypto remains volatile on weekends Crypto continues to show volatility during weekends. In April, crypto prices tumbled after a Friday tariff announcement by US President Donald Trump. The decline continued over the weekend, which saw Bitcoin drop 7%, to $77,000 from $83,000. Crypto markets can also turn extremely volatile during weekends if hacks or breaches occur. With thinner liquidity and limited staffing, exploits timed for late Friday or Saturday can trigger rapid sell-offs, leading to sharp price drops. While hedge funds are only now hiring for weekend roles, crypto traders have long operated without breaks. 'Weekends are for working. Free time? No such thing, work time. Save your free time for the bear. For now, we grind,' altcoin trader Altcoin Gordon wrote on X. Source:
