NOW Inc Stock News

Equities analysts expect NOW Inc. (NYSE:DNOW) to report sales of $420.97 million for the current fiscal quarter, Zacks reports. Three analysts have made estimates for NOWs earnings, with estimates ranging from $417.40 million to $425.30 million. NOW posted sales of $319.00 million during the same quarter last year, which suggests a positive year over year []

Virtu Financial LLC purchased a new stake in shares of NOW Inc. (NYSE:DNOW) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 27,520 shares of the oil and gas companys stock, valued at approximately $261,000. A number of other large investors []

NOW Inc. (NYSE:DNOW)s traded shares stood at 1.26 million during the last session, with the companys beta value hitting 1.96. At the close of trading, the stocks price was $9.61, to imply a decrease of -2.44% or -$0.24 in intraday trading. The DNOW shares 52-week high remains $11.98, putting it -24.66% down since that peak NOW Inc. (NYSE: DNOW): Can The Stock Still Lose Despite An 33.84% YTD Gain? Read More »

Wall Street analysts forecast that NOW Inc. (NYSE:DNOW) will announce $0.02 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have made estimates for NOWs earnings, with estimates ranging from $0.01 to $0.04. NOW reported earnings per share of ($0.25) during the same quarter last year, which indicates a positive year-over-year growth []

Michael Burry cut his public positions from 22 securities to just six. He added three new stocks, including Lockheed Martin. Read what investors should know.

Michael Burry Nukes His Portfolio, Exits All Bearish Positions Up until now, "the big short" Michael Burry was best known for periodically and inexplicably nuking his twitter account before promptly restoring it. Now, we can also his investment portfolio to the list of things the famous subprime shorter tends to nuke every now and then. As a reminder, two quarters ago Burry''s 13F caused a stir across trading desks when the "Big Short" revealed a major Tesla put, which with nominal value of $534 million and representing just over 800K underlying shares, was Burry''s largest position in Q1. Also notable was Burry''s aggressive positioning for a surge in inflation (as a reminder, it was Burry back in February warned that Weimar hyperinflation is coming), which as of March 31 he traded as follows: PUT on the TLT 20+ Year TSY bond ETF, equivalent to some 1.266MM shares or $171.5 million CALL on the TBT 20+ Year Treasury Ultrashort ETF, equivalent to 2.536MM shares or $55.1 million CALL on the TTT 20+ Year Treasury Ultrashort ETF, equivalent to 100K shares or $4.6 million CALL on the 3x levered TMV 20Y Treasury Bear ETF, equivalent to 38,400 shares or $3.1 million Outright long in the TBT 20Y Treasury Ultrashort ETF, amounting to 300,000 shares or $6.5 Million.

Burry, who has been warning of an epic stock-market crash, took a knife to his stock portfolio in the third quarter.

The mean of analysts' price targets for Now (DNOW) points to a 34.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in

NOW Inc. (DNOW) CEO David Cherechinsky on Q3 2021 Results - Earnings Call Transcript

Now (DNOW) delivered earnings and revenue surprises of 150.00% and 4.38%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

When Michael Burry speaks about overvalued stocks, you should pay attention even if you don't agree with his thesis. The post 7 Overvalued Stocks to Sell to Invest Like Michael Burry appeared first on

HOUSTON--(BUSINESS WIRE)-- #DNOW--NOW Inc. Announces Third Quarter 2021 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)-- #DNOW--NOW Inc. Announces Appointment of Sonya Reed to the Board of Directors

HOUSTON--(BUSINESS WIRE)-- #DNOW--NOW Inc. Announces Resignation of Wayne Richards from the Board of Directors

Now (DNOW) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earni