Riskified (RSKD) Stock Jumps 10.4%: Will It Continue to Soar?
Riskified (RSKD) shares rose 10.4% to $7.01 on high volume. The company benefits from demand driven by fraud prevention needs and digital finance growth. Q2 earnings are expected at $0.04 per share, with revenues projected at $103.9M, up 26.9% YoY. However, EPS estimates were revised 60% lower over the last 30 days. Rapid7 (RPD), another internet software stock, gained 3.1% to $12.85.
