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Stock Market & Financial Investment News

News Breaks
March 28, 2014
09:46 EDTHIVEAerohive Networks IPO indicated to open at $10.00
Aerohive Networks (HIVE) priced 7.5M shares at $10.00. Goldman and BofA/Merrill acted as joint book running managers for the offering.
News For HIVE From The Last 14 Days
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April 14, 2015
10:01 EDTHIVEOn The Fly: Analyst Downgrade Summary
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07:46 EDTHIVEAerohive downgraded to Equal Weight from Overweight at Stephens
Stephens downgraded Aerohive to Equal Weight and maintained its $5 price target following the negative Q1 preannouncement due to the slowdown in the K-12 vertical and prolonged sales execution issues.
April 13, 2015
08:31 EDTHIVEAerohive sees Q2 revenue $33M-$36M, consensus $34.19M
08:31 EDTHIVEAerohive sees Q1 adjusted EPS (28c)-(26c), below prior (24c)-(21c) guidance
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