The Fool Looks Ahead
There's never a dull week on Wall Street. Let's go over some of the news that will shape the week to come.
The new trading week kicks off with Jiayuan.com (NAS: DATE) reporting its quarterly results.
China's top dating site may seem like a slam dunk. In a country where courtship rituals can use a little spicing up, why wouldn't someone turn to Web-based dating to find a better partner? Unfortunately, things haven't gone so well since Jiayuan went public at $11 back in May. The shares are languishing in the single digits today.
Pandora Media (NYS: P) is another springtime debutante that's trading below its IPO price. That's hard to believe. The fast-growing music-website operator has already surprised the market with back-to-back quarters of profitability. If the third verse is the same as the first two -- and that's certainly possible, since analysts are bracing for yet another small deficit -- Pandora won't be a broken IPO for long.
Sequenom (NAS: SQNM) reports on Wednesday. The molecular-diagnostics and genetic-analysis specialist has delivered a steady streak of quarterly losses. Expect some more red ink on Wednesday.
Renren (NYS: RENN) checks in on Thursday. China's leading social-networking website is growing nicely, but the country's restrictive ways do pose challenges for a platform that's all about self-expression.
The final trading day of the week finds Novavax (NAS: NVAX) on an otherwise quiet trading day. The flu vaccinator seemed to be ready to jump from its penny-stock pricing late last year, after Ladenburg Thalmann initiated coverage with a "buy" rating, but the stock has gone on to meander lower after that. On Friday it'll have another "shot" at validation.
If you like to stay on top of what happens next -- and I'm guessing you do, because you're reading this article -- how about checking out The Motley Fool's top stock for 2012? It's a free report, but only for a limited time so, check it out now.
At the time this article was published The Motley Fool owns, andMotley Fool newsletter serviceshave recommended buying, shares of Jiayuan.com International. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors.Longtime Fool contributorRick Munarrizcalls them as he sees them. He owns no shares in any of the stocks in this story and is also part of theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Motley Fool has adisclosure policy.