Stocks to Watch: Hertz Global, Landsea Homes, GigaCloud Technology

Dow Jones

13 May

By Connor Hart

Hertz said revenue fell in the first quarter after the company intentionally constrained supply due to the uncertain macroeconomic environment. The car-rental company has recently seen demand cool among businesses, government agencies and international travelers visiting the U.S., though it noted that bookings for leisure are up from last year. Hertz's loss widens to $443 million from $186 million a year earlier. Shares fall 4.8%, to $6.61, in after-hours trading.

Apollo Global Management-backed New Home Co. has agreed to buy Landsea Homes for about $410.5 million, a move that will combine two homebuilders serving several fast-growing markets. New Home will pay $11.30 a share for Landsea, representing a premium of about 61% to the stock's closing price. Apollo will put in $650 million to fund the deal, which the companies said had a total enterprise value of $1.2 billion. Landsea shares surge 59%, to $11.13, in postmarket trading.

GigaCloud Technology posted higher revenue in the first quarter, fueled by strong activity from its buyers and sellers. Sales rose 8.3%, to $271.9 million, and topped analyst estimates for revenue of $259.8 million. CEO Larry Wu said the company continues to see strong activity on its marketplace despite facing macroeconomic uncertainty and persistent industry headwinds but continues to see strong activity on its marketplace. Shares rise 16%, to $18.51, in after-market trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

May 12, 2025 19:42 ET (23:42 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2535739685"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2535739685\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2535739685?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-13 07:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2535739685","market":"nz","top_or_hot":-1,"title":"Stocks to Watch: Hertz Global, Landsea Homes, GigaCloud Technology","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Hertz said revenue fell in the first quarter after the company intentionally constrained supply due to the uncertain macroeconomic environment. The car-rental company has recently seen demand cool among businesses, government agencies and international travelers visiting the U.S., though it noted that bookings for leisure are up from last year. Hertz's loss widens to $443 million from $186 million a year earlier. Shares fall 4.8%, to $6.61, in after-hours trading. \n</p>\n<p>\n  Apollo Global Management-backed New Home Co. has agreed to buy Landsea Homes for about $410.5 million, a move that will combine two homebuilders serving several fast-growing markets. New Home will pay $11.30 a share for Landsea, representing a premium of about 61% to the stock's closing price. Apollo will put in $650 million to fund the deal, which the companies said had a total enterprise value of $1.2 billion. Landsea shares surge 59%, to $11.13, in postmarket trading. \n</p>\n<p>\n  GigaCloud Technology posted higher revenue in the first quarter, fueled by strong activity from its buyers and sellers. Sales rose 8.3%, to $271.9 million, and topped analyst estimates for revenue of $259.8 million. CEO Larry Wu said the company continues to see strong activity on its marketplace despite facing macroeconomic uncertainty and persistent industry headwinds but continues to see strong activity on its marketplace. Shares rise 16%, to $18.51, in after-market trading. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 19:42 ET (23:42 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks to Watch: Hertz Global, Landsea Homes, GigaCloud Technology</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks to Watch: Hertz Global, Landsea Homes, GigaCloud Technology\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-13 07:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Hertz said revenue fell in the first quarter after the company intentionally constrained supply due to the uncertain macroeconomic environment. The car-rental company has recently seen demand cool among businesses, government agencies and international travelers visiting the U.S., though it noted that bookings for leisure are up from last year. Hertz's loss widens to $443 million from $186 million a year earlier. Shares fall 4.8%, to $6.61, in after-hours trading. \n</p>\n<p>\n  Apollo Global Management-backed New Home Co. has agreed to buy Landsea Homes for about $410.5 million, a move that will combine two homebuilders serving several fast-growing markets. New Home will pay $11.30 a share for Landsea, representing a premium of about 61% to the stock's closing price. Apollo will put in $650 million to fund the deal, which the companies said had a total enterprise value of $1.2 billion. Landsea shares surge 59%, to $11.13, in postmarket trading. \n</p>\n<p>\n  GigaCloud Technology posted higher revenue in the first quarter, fueled by strong activity from its buyers and sellers. Sales rose 8.3%, to $271.9 million, and topped analyst estimates for revenue of $259.8 million. CEO Larry Wu said the company continues to see strong activity on its marketplace despite facing macroeconomic uncertainty and persistent industry headwinds but continues to see strong activity on its marketplace. Shares rise 16%, to $18.51, in after-market trading. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 19:42 ET (23:42 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2535739685","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535739685","pubTimestamp":1747093320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Hertz said revenue fell in the first quarter after the company intentionally constrained supply due to the uncertain macroeconomic environment. The car-rental company has recently seen demand cool among businesses, government agencies and international travelers visiting the U.S., though it noted that bookings for leisure are up from last year. Hertz's loss widens to $443 million from $186 million a year earlier. Shares fall 4.8%, to $6.61, in after-hours trading.Apollo Global Management-backed New Home Co. has agreed to buy Landsea Homes for about $410.5 million, a move that will combine two homebuilders serving several fast-growing markets. New Home will pay $11.30 a share for Landsea, representing a premium of about 61% to the stock's closing price. Apollo will put in $650 million to fund the deal, which the companies said had a total enterprise value of $1.2 billion. Landsea shares surge 59%, to $11.13, in postmarket trading.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","GCT":"大健云仓","BK4159":"经销商","BK4088":"住宅建筑","LSEA":"Landsea Homes Corporation","BK4122":"互联网与直销零售","HTZ":"赫兹租车","BK4022":"陆运","BK4230":"旅客陆运","BK4585":"ETF&股票定投概念"},"translate_title":"值得关注的股票：赫兹全球、朗诗家居、GigaCloud Technology","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GCT":0.9,"HTZ":0.9,"LSEA":0.9},"content_text":"By Connor Hart \n\n\n \n\n\n  Hertz said revenue fell in the first quarter after the company intentionally constrained supply due to the uncertain macroeconomic environment. The car-rental company has recently seen demand cool among businesses, government agencies and international travelers visiting the U.S., though it noted that bookings for leisure are up from last year. Hertz's loss widens to $443 million from $186 million a year earlier. Shares fall 4.8%, to $6.61, in after-hours trading. \n\n\n  Apollo Global Management-backed New Home Co. has agreed to buy Landsea Homes for about $410.5 million, a move that will combine two homebuilders serving several fast-growing markets. New Home will pay $11.30 a share for Landsea, representing a premium of about 61% to the stock's closing price. Apollo will put in $650 million to fund the deal, which the companies said had a total enterprise value of $1.2 billion. Landsea shares surge 59%, to $11.13, in postmarket trading. \n\n\n  GigaCloud Technology posted higher revenue in the first quarter, fueled by strong activity from its buyers and sellers. Sales rose 8.3%, to $271.9 million, and topped analyst estimates for revenue of $259.8 million. CEO Larry Wu said the company continues to see strong activity on its marketplace despite facing macroeconomic uncertainty and persistent industry headwinds but continues to see strong activity on its marketplace. Shares rise 16%, to $18.51, in after-market trading. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 12, 2025 19:42 ET (23:42 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}