Liquidity sees growth overseas

Shares for the online auction site for wholesale and surplus goods fell 7.2% to 48.51, the second straight day of large declines as investors worry about its profit margins. But Liquidity Services (LQDT) is bullish on growth opportunities abroad, especially in Europe despite the volatile economic climate in the eurozone. The May acquisition of English online auction and surplus firm GoIndustry-DoveBid is an integral part of the company's expansion plans for the next few years, said CEO Bill Angrick.

 
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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
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    USDSGD=X
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    EURSGD=X
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    SGDJPY=X
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    SGDHKD=X
    2.4003-0.00-0.02%
    SGDMYR=X
    7,732.16550.42+0.01%
    SGDIDR=X
    4.8516-0.00-0.07%
    SGDCNY=X
    1.2201-0.00-0.05%
    AUDSGD=X
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    GCM13.CMX
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    SIN13.CMX
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    ^XAU
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    CLN13.NYM
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MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    1.925-0.26-11.70%
    C52.SI
    0.11-0.00-1.79%
    5RJ.SI
    0.196-0.00-0.51%
    I26.SI
    0.115-0.00-4.17%
    5HC.SI
    0.1350.01+3.85%
    5GC.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.1520.02+13.43%
    N6H.SI
    0.5250.05+10.53%
    S48.SI
    0.230.02+9.52%
    543.SI
    0.1860.01+7.51%
    Z75.SI
    0.160.01+6.67%
    H20.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.102-0.03-24.44%
    O57.SI
    0.104-0.02-14.05%
    S71.SI
    0.149-0.02-11.83%
    A59.SI
    0.09-0.01-11.76%
    5HW.SI
    1.925-0.26-11.70%
    C52.SI