Small Cap U.S. Stocks with Positive and Negative News on 12 May 2023
A number of small cap U.S. stocks appeared in news articles on 12 May 2023, with some of the news being positive and some being negative.
Positive News
- Arlo Technologies (ARLO) was named to the 2023 Forbes Cloud 100 list, which recognizes the top 100 private cloud companies in the world.
- Cloudflare (NET) was named to the 2023 Gartner Magic Quadrant for Web Application Firewalls.
- Roblox (RBLX) announced that it had surpassed 50 million daily active users.
Negative News
- Kewal Kiran Clothing (KKCL)‘s stock started trading ex-dividend, which means that shareholders who owned the stock on the ex-dividend date are not entitled to the dividend.
- SeaWorld Entertainment (SEAS) announced that it was cutting its dividend by 50%.
- Zillow Group (ZG) announced that it was laying off 2,500 employees, or about 25% of its workforce.
It is important to note that these are just a few of the small cap U.S. stocks that appeared in news articles on 12 May 2023. The sentiment of the news articles and the impact on stock prices could vary depending on the individual stock.
Title: Small Cap U.S. Stocks with Positive and Negative News on 12 May 2023