- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
What's going on with Lamar??
Posted on 3/9/20 at 8:55 am
Posted on 3/9/20 at 8:55 am
7
Posted on 3/9/20 at 8:55 am to bayoubengals88
Probably on vacation after winning the MVP.
This post was edited on 3/9/20 at 9:14 am
Posted on 3/9/20 at 8:57 am to bayoubengals88
Without looking into the specifics, I'm guessing:
- Slowing Economy --> Companies Trimming Ad Budgets --> Less Revenue for Lamar
- Slowing Economy --> Companies Trimming Ad Budgets --> Less Revenue for Lamar
Posted on 3/9/20 at 8:58 am to bayoubengals88
Somebody with a lot of shares sold.
Posted on 3/9/20 at 8:59 am to bayoubengals88
wow from an all-time high a few weeks ago to a 5 year low just like that
Posted on 3/9/20 at 8:59 am to Golfer
Gotta be linked to oil and gas down here is all I can guess.
Revenue and estimates improved last quarter.
43% though?!
Revenue and estimates improved last quarter.
43% though?!
Posted on 3/9/20 at 9:03 am to bayoubengals88
quote:
Gotta be linked to oil and gas down here is all I can guess.
Why?
They're a national company. IIRC they have like 300k billboards.
Posted on 3/9/20 at 9:15 am to bayoubengals88
quote:
Gotta be linked to oil and gas down here is all I can guess.
Revenue and estimates improved last quarter.
Strange. It looks like they had their stock drop to almost $7 in 2009. People may be assuming advertising budgets get cut in a recession (if we are heading that way?)
Posted on 3/9/20 at 9:22 am to bayoubengals88
You understand that almost every stock is falling like a weight in water right? Is your head buried in the sand?
Posted on 3/9/20 at 9:46 am to bayoubengals88
There is some concern with customer concentration at Lamar. If Louisiana were to go the way of Texas and outlaw legal advertising on billboards Lamar would be screwed.
Posted on 3/9/20 at 9:51 am to Double Oh
quote:This post is fairly ignorant. Stocks outside of the energy sector are not dropping to the tune of 40%
You understand that almost every stock is falling like a weight in water right? Is your head buried in the sand?
Apparently there was liquidity problem due to low volume. It's back around $80 now.
Posted on 3/9/20 at 9:55 am to bayoubengals88
Gordon stop buying the Billboards?
Posted on 3/9/20 at 9:56 am to Duckman13
This is strange. It opened at 69.52 and then this happened...
So, out of the halt it dropped to $45 then got down to $42 and it seems that the stock itself was halted for nearly an hour then it opened back up at $77.50 at 10:49 est. Weird.
So, out of the halt it dropped to $45 then got down to $42 and it seems that the stock itself was halted for nearly an hour then it opened back up at $77.50 at 10:49 est. Weird.
This post was edited on 3/9/20 at 10:00 am
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News