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Friday, Aug 9
ChannelAdvisor up second day in a row after Q2 beat
- ChannelAdvisor (ECOM +4.3%) is up for the second consecutive day after the company handily beat Q2 estimates, and provided strong full-year guidance. The stock is up 25% since Wednesday, and 77% from its May IPO price of $14.
- Previous: ChannelAdvisor reported strong same-store sales growth for clients selling via Amazon and eBay in June, and also did so for the 2 previous months.
- On deck: July client same-store sales results