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TokHao
TokHao
·
2021-09-21
After this week, sure shoot up back
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TokHao
TokHao
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2021-09-20
They are selling or buying ??? LoL
4 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view t
4 Stocks Insiders Are Selling
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TokHao
TokHao
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2021-09-16
Give me a like
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TokHao
TokHao
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2021-09-15
True or not ???give a like
Goldman Is Buying GreenSky in a $2.2 Billion
Specialty lender helps consumers with big one-time purchases like cosmetic surgery and home improvem
Goldman Is Buying GreenSky in a $2.2 Billion
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TokHao
TokHao
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2021-09-14
Give me a like
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TokHao
TokHao
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2021-09-06
Give me a like. Thanks
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TokHao
TokHao
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2021-09-03
Bravo....
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TokHao
TokHao
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2021-09-02
Afterwards drop back.... hahahah
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TokHao
TokHao
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2021-08-31
Still can buy in.... later new Iphone will up again
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TokHao
TokHao
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2021-08-30
Why elon musk concern ???
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LoL","listText":"They are selling or buying ??? LoL","text":"They are selling or buying ??? LoL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860197075","repostId":"1131742866","repostType":4,"repost":{"id":"1131742866","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1632143946,"share":"https://ttm.financial/m/news/1131742866?lang=&edition=fundamental","pubTime":"2021-09-20 21:19","market":"us","language":"en","title":"4 Stocks Insiders Are Selling","url":"https://stock-news.laohu8.com/highlight/detail?id=1131742866","media":"Benzinga","summary":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view t","content":"<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.</p>\n<p>Below is a look at a few recent notable insider sales.</p>\n<p><b>International Money Express</b></p>\n<p><b>The Trade:International Money <a href=\"https://laohu8.com/S/EXPR\">Express, Inc.</a></b> IMXI+undefined%(Get Free Alerts for IMXI)Director John Rincon<i>disposed a total of 57719 shares</i>at an average price of $17.01. 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The insider received $2,269,140.00 from selling those shares.</p>\n<p><b>What’s Happening:</b>The company, in July, said it swung to a profit for the second quarter.</p>\n<p><b>What Skechers Does:</b><a href=\"https://laohu8.com/S/SKX\">Skechers USA</a> is a lifestyle footwear company under the Skechers GO brand name.</p>\n<p><b><a href=\"https://laohu8.com/S/CROX\">Crocs</a></b></p>\n<p><b>The Trade:Crocs, Inc.</b> CROX+0.02%Director Ronald Frasch<i>sold a total of 33000 shares</i>at an average price of $153.92. The insider received $5,079,387.66 as a result of the transaction.</p>\n<p><b>What’s Happening:</b>Crocs CEO Andrew Rees recently said Crocs brand is expected to grow to over $5 billion in sales by 2026.</p>\n<p><b>What Crocs Does:</b>Crocs is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children.</p>\n<p><b><a href=\"https://laohu8.com/S/WDAY\">Workday</a></b></p>\n<p><b>The Trade:Workday, Inc.</b> WDAY+0.02%Director David Duffield<i>sold a total of 108900 shares</i>at an average price of $269.37. The insider received $29,334,827.31 from selling those shares.</p>\n<p><b>What’s Happening:</b>Barclays, on Friday, maintained Workday with an Overweight and raised the price target from $309 to $340.</p>\n<p><b>What Workday Does:</b>Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Stocks Insiders Are Selling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Stocks Insiders Are Selling\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-20 21:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.</p>\n<p>Below is a look at a few recent notable insider sales.</p>\n<p><b>International Money Express</b></p>\n<p><b>The Trade:International Money <a href=\"https://laohu8.com/S/EXPR\">Express, Inc.</a></b> IMXI+undefined%(Get Free Alerts for IMXI)Director John Rincon<i>disposed a total of 57719 shares</i>at an average price of $17.01. The insider received $981,903.03 as a result of the transaction.</p>\n<p><b>What’s Happening:</b>International Money Express, last month announced a $40 million buyback program.</p>\n<p><b>What International Money Express Does:</b>International Money Express is a processor of money transfer services in the USA to the Latin America corridor (LAC).</p>\n<p><b><a href=\"https://laohu8.com/S/SKX\">Skechers USA</a> </b></p>\n<p><b>The Trade:Skechers U.S.A., Inc.</b> SKX+0.02%Director Jeffrey Greenberg<i>sold a total of 50000 shares</i>at an average price of $45.38. The insider received $2,269,140.00 from selling those shares.</p>\n<p><b>What’s Happening:</b>The company, in July, said it swung to a profit for the second quarter.</p>\n<p><b>What Skechers Does:</b><a href=\"https://laohu8.com/S/SKX\">Skechers USA</a> is a lifestyle footwear company under the Skechers GO brand name.</p>\n<p><b><a href=\"https://laohu8.com/S/CROX\">Crocs</a></b></p>\n<p><b>The Trade:Crocs, Inc.</b> CROX+0.02%Director Ronald Frasch<i>sold a total of 33000 shares</i>at an average price of $153.92. The insider received $5,079,387.66 as a result of the transaction.</p>\n<p><b>What’s Happening:</b>Crocs CEO Andrew Rees recently said Crocs brand is expected to grow to over $5 billion in sales by 2026.</p>\n<p><b>What Crocs Does:</b>Crocs is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children.</p>\n<p><b><a href=\"https://laohu8.com/S/WDAY\">Workday</a></b></p>\n<p><b>The Trade:Workday, Inc.</b> WDAY+0.02%Director David Duffield<i>sold a total of 108900 shares</i>at an average price of $269.37. The insider received $29,334,827.31 from selling those shares.</p>\n<p><b>What’s Happening:</b>Barclays, on Friday, maintained Workday with an Overweight and raised the price target from $309 to $340.</p>\n<p><b>What Workday Does:</b>Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SKX":"斯凯奇","IMXI":"国际货币快递","WDAY":"Workday","CORX":"2x Corn ETF","EXPR":"Express, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131742866","content_text":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.\nBelow is a look at a few recent notable insider sales.\nInternational Money Express\nThe Trade:International Money Express, Inc. IMXI+undefined%(Get Free Alerts for IMXI)Director John Rincondisposed a total of 57719 sharesat an average price of $17.01. The insider received $981,903.03 as a result of the transaction.\nWhat’s Happening:International Money Express, last month announced a $40 million buyback program.\nWhat International Money Express Does:International Money Express is a processor of money transfer services in the USA to the Latin America corridor (LAC).\nSkechers USA \nThe Trade:Skechers U.S.A., Inc. SKX+0.02%Director Jeffrey Greenbergsold a total of 50000 sharesat an average price of $45.38. The insider received $2,269,140.00 from selling those shares.\nWhat’s Happening:The company, in July, said it swung to a profit for the second quarter.\nWhat Skechers Does:Skechers USA is a lifestyle footwear company under the Skechers GO brand name.\nCrocs\nThe Trade:Crocs, Inc. CROX+0.02%Director Ronald Fraschsold a total of 33000 sharesat an average price of $153.92. The insider received $5,079,387.66 as a result of the transaction.\nWhat’s Happening:Crocs CEO Andrew Rees recently said Crocs brand is expected to grow to over $5 billion in sales by 2026.\nWhat Crocs Does:Crocs is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children.\nWorkday\nThe Trade:Workday, Inc. WDAY+0.02%Director David Duffieldsold a total of 108900 sharesat an average price of $269.37. The insider received $29,334,827.31 from selling those shares.\nWhat’s Happening:Barclays, on Friday, maintained Workday with an Overweight and raised the price target from $309 to $340.\nWhat Workday Does:Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California.","news_type":1,"symbols_score_info":{"WDAY":0.9,"CORX":0.9,"EXPR":0.9,"SKX":0.9,"IMXI":0.9}},"isVote":1,"tweetType":1,"viewCount":3405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885536241,"gmtCreate":1631802284883,"gmtModify":1676530640289,"author":{"id":"3583494083549409","authorId":"3583494083549409","name":"TokHao","avatar":"https://static.tigerbbs.com/8a94d0dc6dec5e80c0617fc6e06bce58","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583494083549409","idStr":"3583494083549409"},"themes":[],"htmlText":"Give me a like","listText":"Give me a like","text":"Give me a like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885536241","repostId":"2167754325","repostType":4,"isVote":1,"tweetType":1,"viewCount":3156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882529846,"gmtCreate":1631709327185,"gmtModify":1676530614302,"author":{"id":"3583494083549409","authorId":"3583494083549409","name":"TokHao","avatar":"https://static.tigerbbs.com/8a94d0dc6dec5e80c0617fc6e06bce58","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583494083549409","idStr":"3583494083549409"},"themes":[],"htmlText":"True or not ???give a like","listText":"True or not ???give a like","text":"True or not ???give a like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/882529846","repostId":"1142964056","repostType":4,"repost":{"id":"1142964056","kind":"news","pubTimestamp":1631708208,"share":"https://ttm.financial/m/news/1142964056?lang=&edition=fundamental","pubTime":"2021-09-15 20:16","market":"us","language":"en","title":"Goldman Is Buying GreenSky in a $2.2 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1142964056","media":"The Wall Street Journal","summary":"Specialty lender helps consumers with big one-time purchases like cosmetic surgery and home improvem","content":"<p>Specialty lender helps consumers with big one-time purchases like cosmetic surgery and home improvements</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62006ecfcb993b6b033219e7b9111f87\" tg-width=\"1290\" tg-height=\"859\" referrerpolicy=\"no-referrer\"><span>Goldman will pay roughly $12 a share in stock for specialty lender GreenSky.</span></p>\n<p>Goldman Sachs Group Inc. is buying specialty lender GreenSky Inc. for $2.2 billion, striking a deal it hopes will further its reinvention from Wall Street powerhouse to Main Street player.</p>\n<p>GreenSky stock Popped 45% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/2f590f5d801f51cec03c370bbc52edc3\" tg-width=\"848\" tg-height=\"634\" width=\"100%\" height=\"auto\"></p>\n<p>Goldman will pay roughly $12 a share in stock for GreenSky, which arranges loans for big one-time purchases like construction projects or cosmetic surgery. It works with thousands of merchants ranging from Home Depot Inc. to independent doctors and dentists, and pitches its loans as cheaper and more responsible alternatives to credit cards.</p>\n<p>“Our goal is to build a real banking platform of the future,” Goldman Chief Executive David Solomon said in an interview. “This moves us along in that journey.”</p>\n<p>GreenSky went public in 2018 at a valuation of roughly $4 billion, part of a new crop of startups promising to reinvent how people borrow money. It has pitched itself as a technology platform connecting consumers who need help covering a major purchase and merchants eager to increase sales.</p>\n<p>But missed payments rose, exposing a business that looked more like a boom-and-bust lender than a growing software company. The banks that GreenSky relied on to buy the bulk of its loans—the company isn’t itself a bank and needs outside funding — started to sour on the sector.</p>\n<p>The pandemic didn’t help. Stay-at-home orders halted elective medical procedures. Renovation projects that it would have otherwise financed were snarled by supply-chain issues and labor shortages. GreenSky’s stock is down about 70% from its peak.</p>\n<p>The deal price is 55% higher than GreenSky’s closing price Tuesday, though it includes a $445 million tax adjustment. David Zalik, GreenSky’s founder and largest shareholder, will join Goldman as a partner, Mr. Solomon said.</p>\n<p>Goldman’s consumer bank, Marcus, launched in 2016 and now offers savings accounts, personal loans and investment advice. But without branches or a long history on Main Street, the firm has struck a series of partnerships to bring in customers—with Apple Inc. to launch a credit card, with JetBlue Airways Corp. to lend to travelers, and with Amazon.com Inc. to finance inventory for independent sellers in the tech giant’s marketplace. Buying GreenSky brings thousands of merchants in one fell swoop.</p>\n<p>GreenSky is part of the “buy now, pay later” wave of companies offering loans that let consumers spread out purchases over weeks or months, usually at lower interest rates than credit cards. Deal making in that sector has ramped up this year, with Afterpay Ltd. selling to Square Inc. for $29 billion and PayPal Holdings Inc. buying Japan’s Paidy Inc. for $2.7 billion. Those companies mostly finance online purchases, while GreenSky peddles its loans through bricks-and-mortar merchants and home-renovation contractors.</p>\n<p>Goldman has long been averse to takeovers, preferring to nurture its own talent and build internally. It has been more acquisitive under Mr. Solomon, a former deal maker who took the top job in 2018. It bought a network of financial advisers in 2019 and last month struck a deal for a European money manager.</p>\n<p>Goldman flirted with acquiring GreenSky two years ago, when GreenSky sought potential buyers after its shares tumbled. Those talks fizzled, but the company restarted a sales process earlier this year.</p>\n<p>GreenSky in July reached a settlement with the Consumer Financial Protection Bureau to resolve what the regulator called “careless business and customer service practices” that allowed merchants and contractors to take out loans on behalf of thousands of customers who didn’t ask for them. GreenSky agreed to cancel up to $9 million in outstanding loans and pay a $2.5 million penalty.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Is Buying GreenSky in a $2.2 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Is Buying GreenSky in a $2.2 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 20:16 GMT+8 <a href=https://www.wsj.com/articles/goldman-is-buying-greensky-in-a-2-2-billion-bid-to-finance-your-childs-braces-11631706601><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Specialty lender helps consumers with big one-time purchases like cosmetic surgery and home improvements\nGoldman will pay roughly $12 a share in stock for specialty lender GreenSky.\nGoldman Sachs ...</p>\n\n<a href=\"https://www.wsj.com/articles/goldman-is-buying-greensky-in-a-2-2-billion-bid-to-finance-your-childs-braces-11631706601\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GSKY":"Greensky Inc.","GS":"高盛"},"source_url":"https://www.wsj.com/articles/goldman-is-buying-greensky-in-a-2-2-billion-bid-to-finance-your-childs-braces-11631706601","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142964056","content_text":"Specialty lender helps consumers with big one-time purchases like cosmetic surgery and home improvements\nGoldman will pay roughly $12 a share in stock for specialty lender GreenSky.\nGoldman Sachs Group Inc. is buying specialty lender GreenSky Inc. for $2.2 billion, striking a deal it hopes will further its reinvention from Wall Street powerhouse to Main Street player.\nGreenSky stock Popped 45% in premarket trading.\n\nGoldman will pay roughly $12 a share in stock for GreenSky, which arranges loans for big one-time purchases like construction projects or cosmetic surgery. It works with thousands of merchants ranging from Home Depot Inc. to independent doctors and dentists, and pitches its loans as cheaper and more responsible alternatives to credit cards.\n“Our goal is to build a real banking platform of the future,” Goldman Chief Executive David Solomon said in an interview. “This moves us along in that journey.”\nGreenSky went public in 2018 at a valuation of roughly $4 billion, part of a new crop of startups promising to reinvent how people borrow money. It has pitched itself as a technology platform connecting consumers who need help covering a major purchase and merchants eager to increase sales.\nBut missed payments rose, exposing a business that looked more like a boom-and-bust lender than a growing software company. The banks that GreenSky relied on to buy the bulk of its loans—the company isn’t itself a bank and needs outside funding — started to sour on the sector.\nThe pandemic didn’t help. Stay-at-home orders halted elective medical procedures. Renovation projects that it would have otherwise financed were snarled by supply-chain issues and labor shortages. GreenSky’s stock is down about 70% from its peak.\nThe deal price is 55% higher than GreenSky’s closing price Tuesday, though it includes a $445 million tax adjustment. David Zalik, GreenSky’s founder and largest shareholder, will join Goldman as a partner, Mr. Solomon said.\nGoldman’s consumer bank, Marcus, launched in 2016 and now offers savings accounts, personal loans and investment advice. But without branches or a long history on Main Street, the firm has struck a series of partnerships to bring in customers—with Apple Inc. to launch a credit card, with JetBlue Airways Corp. to lend to travelers, and with Amazon.com Inc. to finance inventory for independent sellers in the tech giant’s marketplace. Buying GreenSky brings thousands of merchants in one fell swoop.\nGreenSky is part of the “buy now, pay later” wave of companies offering loans that let consumers spread out purchases over weeks or months, usually at lower interest rates than credit cards. Deal making in that sector has ramped up this year, with Afterpay Ltd. selling to Square Inc. for $29 billion and PayPal Holdings Inc. buying Japan’s Paidy Inc. for $2.7 billion. Those companies mostly finance online purchases, while GreenSky peddles its loans through bricks-and-mortar merchants and home-renovation contractors.\nGoldman has long been averse to takeovers, preferring to nurture its own talent and build internally. It has been more acquisitive under Mr. Solomon, a former deal maker who took the top job in 2018. It bought a network of financial advisers in 2019 and last month struck a deal for a European money manager.\nGoldman flirted with acquiring GreenSky two years ago, when GreenSky sought potential buyers after its shares tumbled. Those talks fizzled, but the company restarted a sales process earlier this year.\nGreenSky in July reached a settlement with the Consumer Financial Protection Bureau to resolve what the regulator called “careless business and customer service practices” that allowed merchants and contractors to take out loans on behalf of thousands of customers who didn’t ask for them. GreenSky agreed to cancel up to $9 million in outstanding loans and pay a $2.5 million penalty.","news_type":1,"symbols_score_info":{"GSKY":0.9,"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":2830,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886561231,"gmtCreate":1631606530323,"gmtModify":1676530588167,"author":{"id":"3583494083549409","authorId":"3583494083549409","name":"TokHao","avatar":"https://static.tigerbbs.com/8a94d0dc6dec5e80c0617fc6e06bce58","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583494083549409","idStr":"3583494083549409"},"themes":[],"htmlText":"Give me a like","listText":"Give me a like","text":"Give me a like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886561231","repostId":"1133923405","repostType":4,"isVote":1,"tweetType":1,"viewCount":2328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814441951,"gmtCreate":1630881822773,"gmtModify":1676530408372,"author":{"id":"3583494083549409","authorId":"3583494083549409","name":"TokHao","avatar":"https://static.tigerbbs.com/8a94d0dc6dec5e80c0617fc6e06bce58","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583494083549409","idStr":"3583494083549409"},"themes":[],"htmlText":"Give me a like. Thanks","listText":"Give me a like. Thanks","text":"Give me a like. 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