|Bid||1.9300 x 900|
|Ask||1.9400 x 1000|
|Day's range||1.9200 - 1.9600|
|52-week range||1.1000 - 3.0800|
|Beta (5Y monthly)||2.74|
|PE ratio (TTM)||N/A|
|Earnings date||08 Aug 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||4.00|
Forge Global Holdings, Inc. (FRGE) delivered earnings and revenue surprises of -9.09% and 2.06%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
SAN FRANCISCO, August 08, 2023--Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE: FRGE), a leading private securities marketplace, today announced its financial results for the quarter ended June 30, 2023.
Increase in loan originations and net increase in fair value of investment portfolio are likely to have supported Main Street's (MAIN) Q2 earnings. However, a rise in expenses is concerning.