$FOCS

Focus Financial Partners Inc

  • NASDAQ
  • Finance
  • Investment Managers
  • Finance and Insurance
  • Investment Advice

PRICE

$36.31 ▲0.638%

Last Close

VOLUME

596,568

DAY RANGE

35.71 - 36.675

52 WEEK

33.2 - 69.13

Join Discuss about FOCS with like-minded investors

JK
@jkchtrades #Dark Pool Charts
recently

( to focs on trading .. can u beleive that )

127 Replies 13 👍 6 🔥

profile
@DarkPoolAlgo #Dark Pool Charts
recently

/*============================================= = Tuesday, June 22, 2021 = =============================================*/ Futures Up/Down % Last Dow -15.00 0.04% 33,746 S&P 500 -2.25 0.05% 4,211 Nasdaq -4.50 0.03% 14,126 U.S. stock futures are looking flat to down slightly ahead of testimony from Federal Reserve Chairman Jerome Powell, who is expected to tell Congress the economy has shown “sustained improvement” but that the recovery has accelerated inflation – similar comments from last week’s FOMC meeting results. Stocks surged on Monday as the Dow completed its strongest session in over three months as investors piled back in to cyclical stocks as energy, transports, industrials and financials outperformed. The small-cap Russell 2000 and the Dow Jones Transports Average, barometers of economic health, both jumped about 2%. The gains were a sharp reversal from last week, when the Fed’s hawkish signals on monetary policy sparked a round of profit taking that wiped out value stocks’ lead over growth this month and triggered the worst weekly performance for the Dow and the S&P 500 in months. All 11 S&P 500 sector indexes rose on Monday led by energy jumping 4.3% followed by financials up 2.4%. In Asian markets, The Nikkei Index jumped 873 points to 28,884, the Shanghai Index gained 28 points to 3,557, and the Hang Seng Index declined -179 points to settle at 28,309. In Europe, the German DAX is down about -10 points to 15,590, while the FTSE 100 is up around 20 points to 7,080. Bitcoin fell as much as 4.3% Tuesday to $31,171 after People’s Bank of China reiterated its ban on crypto services on Monday, while the rest of the crypto space also declines. Market Closing Prices Yesterday The S&P 500 Index jumped 58.34 points, or 1.40%, to 4,224.79 The Dow Jones Industrial Average surged 586.89 points, or 1.76%, to 33,876.97 The Nasdaq Composite climbed 111.10 points, or 0.79%, to 14,141.48 The Russell 2000 Index advanced 48.35 points, or 2.16% to 2,286.09 Events Calendar for Today 7:45 AM ET ICSC Weekly Retail Sales 8:55 AM ET Johnson/Redbook Weekly Sales 10:00 AM ET Existing Home Sales MoM for May…est. 5.72M 10:00 AM ET Richmond Fed Index for June…prior reading 18 4:30 PM ET API Weekly Inventory Data Earnings Calendar: Earnings Before the Open: $KFY, $JRSH Earnings After the Close: none Other Key Events: Goldman Sachs 17th Business Services, Transport & Leisure Conference (virtual), 6/21-6/23 Raymond James Human Health Innovation Conference (virtual), 6/21-6/23 Roth London Conference (virtual), 6/21-6/23 Jefferies Consumer Conference (virtual), 6/22-6/23 JPMorgan 2021 Energy, Power & Renewables Conference (virtual), 6/22-6/23 JPMorgan Payment & FinTech Forum (virtual), 6/23-6/24 Sidoti Investor Conference (virtual), 6/23-6/24 Macro Up/Down Last Nymex -0.49 73.17 Brent -0.39 74.51 Gold 1.30 1,784.20 EUR/USD -0.0026 1.1893 JPY/USD 0.12 110.39 10-Year Note -0.013 1.472% Sector News Breakdown Consumer Sanderson Farms Inc. ($SAFM) is exploring a sale, according to people familiar with the matter, as demand for chicken products rises, the WSJ reported late yesterday. Sanderson Farms has tapped Centerview Partners for advice on the potential sale and has attracted interest from suitors including agricultural investment firm Continental Grain Co., which owns a smaller chicken processor https://on.wsj.com/3gKGhmH Shoe Carnival ($SCVL) announces a two-for-one stock split; guides year EPS above $6.00 vs. est. 45.34 and year sales above $1.15B vs. est. $1.13B Nikola ($NKLA) registers 18M shares for shareholder Tumim Stone Capital at $16.33 for a total value of $294M (recall on 6/14: NKLA announced purchase agreement w Tumim Stone Cap to buy up to $300M in NKLA shares) P&O Cruises, a part of Carnival Corporation ($CCL) unveils re-start plan for the remainder of 2021 and early 2022. Energy, Industrials and Materials OPEC+ is discussing a further easing of oil output cuts from August as oil prices rise on demand recovery, but no decision had been taken yet on the exact volume to bring back to the market, two OPEC+ sources said, Reuters reported. OPEC+ is returning 2.1 million (bpd) to the market from May through July as part of a plan to gradually unwind last year’s record oil output curbs Russian producers see August as a good time to further ease oil output cuts despite the expected return of Iranian oil to the market as the market is in deficit, an industry source told Reuters According to a report from Politico, the Biden administration is considering barring imports of polysilicon from Xinjiang, China, which produces about 45% of the world’s supply of solar-grade polysilicon. A ban could also undermine Biden’s aggressive goal of placing the U.S. on a path to eliminate carbon dioxide emissions from the power grid by 2035 (watch shares of JKS and DQ on the reports) Alaska Air Group Inc. (A$LK) increases in expected q2 cash flow from ops are primarily driven by ongoing strength in demand for travel dates across Q2, Q3; sees Q2 total revenue % change of down about 33% to 35%; sees Q2 cash flow from operations about $650M-$750M Sonoco ($SON) implementing price a $50 per ton price increase for all grades of uncoated recycled paperboard in United States and Canada Nutrien ($NTR) raises 1H21 adjusted EPS view to $2.30-$2.50 from $2.00-$2.20 saying they expect the midpoints of both 2021 adjusted EBITDA and adjusted EPS guidance to be above the top end of the ranges previously provided at the time of our first quarter results Full Truck Alliance ($YMM)5M share IPO priced at $19.00 Torchlight Energy ($TRCH) discloses it upsized its stock offering to $250M from the $100M it planned previously. Financials Bitcoin investment products and funds posted their sixth consecutive week of outflows, according to data from digital asset manager CoinShares. Last week, bitcoin outflows totaled $89 million. For the year, bitcoin outflows hit $487 million, or 1.6% of assets under management, data showed. The crypto sector as a whole saw a third consecutive week of outflows amounting to $79 million last week– Reuters Focus Financial ($FOCS)42M share Spot Secondary priced at $50.30 UDR ($UDR) prices 6.1M share offering at $49.38 per share Welltower ($WELL) to acquire holiday retirement’s 86-property seniors housing portfolio for $1.58 billion in conjunction with Atria’s acquisition of holiday Healthcare Cassava Sciences ($SAVA) selects clinical research organization for phase 3 clinical program in Alzheimer’s disease; consistent with previous guidance, cassava sciences plans to initiate phase 3 program in second half of 2021 NextGen Healthcare ($NXGN) affirmed its outlook for fiscal year 2022 seeing revenue between $574 and $584 million, and non-GAAP earnings per share range between $0.89 and $0.95; said NextGen® Enterprise Spring ‘21 platform rollout, which is experiencing positive early momentum, will not be impacted by the leadership transition. Fennec Pharmaceuticals ($FENC) rises after the FDA has accepted for filing the resubmission of its New Drug Application (NDA) for PEDMARK for the prevention of ototoxicity Technology, Media & Telecom The European Commission has opened a fresh probe into Google ($GOOG, $GOOGL) to determine whether the company abused its role in the ad technology sector MicroVision ($MVSN) announces $140M at-the-market equity offering

140 Replies 11 👍 6 🔥

Key Metrics

Market Cap

2.37 B

Beta

1.29

Avg. Volume

452.14 K

Shares Outstanding

65.36 M

Yield

0%

Public Float

0

Next Earnings Date

2022-08-04

Next Dividend Date

Company Information

Focus Financial Partners is a leading partnership of independent, fiduciary wealth management firms. Focus provides access to best practices, resources, and continuity planning for its partner firms who serve individuals, families, employers and institutions with comprehensive wealth management services. Focus partner firms maintain their operational independence, while they benefit from the synergies, scale, economics and best practices offered by Focus to achieve their business objectives.

CEO: Ruediger Adolf

Website:

HQ: 875 3rd Ave Fl 28 New York, 10022-6220 New York

Related News