Canaccord downgraded the stock after the recent runup in shares and said investors should wait for a better "entry point"to HOLD as we see a balanced risk reward for investors to lock in profits. Just as we observed a clear buy signal coming into 2020, we see the risk of China's coronavirus as a clear headwind to the Shanghai facility, suggesting a more pragmatic position.
"Loop initiated the social media web and mobile application company and said it saw "great" potential on the company's advertising and e-commerce platform.is among the most interesting of SMID Cap stocks in the US Internet sector with great potential as an advertising and eCommerce platform. Engagement is not a high-frequency, daily habit like social media peers but the network is showing healthy user growth with monthly active user's up 28% in 3Q.
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