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Zevia Stock Falls After Q3 Results, Registers 22% Sales Growth
Zevia to Announce Third Quarter 2021 Results on Friday, November 12, 2021
Loop Capital Initiates Coverage On Zevia with Buy Rating, Announces Price Target of $16
Samsung Electronics' operating profit increased by 28% in the third quarter.
Samsung's unaudited preliminary results on Friday showed that third-quarter operating profit rose 28% from a year earlier to 15.8 trillion won ($13.2 billion), thanks to rising chip prices and strong demand for folding-screen smartphones. The company's revenue for the quarter reached 73 trillion won, also in line with expectations. Samsung will provide net profit and segment data when it releases its official results on Oct. 28. During the COVID-19 epidemic, there was an unprecedented shortage of semiconductor chips around the world, which supported Samsung's performance and stock price. Samsung shares soared 45% last year and hit an all-time high in early 2021.
Telsey Advisory Group Initiates Coverage On Zevia with Outperform Rating, Announces Price Target of $15
Zevia to Participate in the UBS Consumer Disruption Day Virtual Event Friday, September 24, 2021