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⚕️New Ticker, Who Dis?
Plus, diapers could now come with dividends.
Brooks Dyroff & Casimir Stone
June 09, 2025
HAPPY MONDAY TO THE STREET.
It was handshakes over headlines today as U.S. and Chinese officials met in London to hash out trade tensions — and maybe secure some critical minerals while they’re at it. Wall Street didn’t throw a party, but it did give a polite nod. Qualcomm's $QCOM ( ▼ 0.49% ) $2.4B chip deal sent semis climbing, while Apple’s $AAPL ( ▲ 0.21% ) big iOS redesign failed to impress investors. WWDC giveth, and taketh away.
🟨 | US stocks closed mostly flat as trade talks resumed and chipmakers rallied, while Apple dragged on the broader market.
📈 | One Notable Gainer: Warner Bros. Discovery $WBD ( ▼ 3.33% ) shares jumped after the company announced plans to split into two public companies, focusing on streaming and cable assets.
📉 | One Notable Decliner: Intuitive Surgical $ISRG ( ▼ 1.8% ) fell after Deutsche Bank downgraded the stock to Sell, citing concerns over its weakening competitive moat.
— Brooks & Cas
Sponsored by Vintage
Invest in recession-resilient Mobile Home Parks with Vintage Capital. Invest direct or in a fund of 20+ underlying assets. 1031s are also available. Access stable, income-generating properties with consistent demand and low tenant turnover.
Now is the time to act: Current market conditions are creating opportunities to acquire properties at attractive valuations.
Our fund targets a 15%-17% IRR and makes monthly distributions, which provides a steady income stream alongside strong upside potential and tax-efficient benefits.
Why Mobile Home Parks?
Recession-Resilient: Affordable housing demand drives stable returns in any economy
High Tenant Retention: The average MHP tenant stays 10-12 years (compared to 2-3 in Multifamily)
Proven Expertise: $80MM+ track record in mobile home park investments.
Tax-Smart Investing: Bonus depreciation offers tax advantages.
STOCK HEATMAPS
S&P 500 Heatmap. Credit: Finviz
All Stock Heatmap. Credit: Finviz
Global ADR snapshot. Credit: Finviz
Market Movers
ECHOSTAR, TOPGOLF, QUAKER CHEMICAL
$SATS ( ▲ 4.66% ) EchoStar Prepares Potential Bankruptcy Filing Amid FCC Review (WSJ)
$MODG ( ▲ 1.15% ) Topgolf Callaway stock jumps 11% after director scoops up more than $2 million worth of shares (CNBC)
$KWR ( ▼ 0.56% ) Quaker Chemical Stock Rating Upgraded by Jefferies Financial Group (MarketBeat)
$HOOD ( ▼ 1.39% ) Robinhood, AppLovin Stocks Sink as Firms Not Included in S&P 500 (Investopedia)
$UHS ( ▲ 0.8% ) UHS Shares Decline as CFO Eyes Reducing Patient Stay Duration (GuruFocus)
OVERHEARD ON THE STREET
CNBC: Walmart fintech OnePay teams with Synchrony to launch new credit cards, replacing Capital One roles.
AP: Amazon to invest $20 B in two Pennsylvania data center complexes, including one near a nuclear power plant.
TechCrunch: Klarna CEO says VIP customer service will use humans, blending human support with AI automation.
Axios: Distributor for Whole Foods hit by cyberattack, prompting IT shutdowns and order disruptions.
Reuters: Sunnova Energy files for Chapter 11 bankruptcy, citing debt overload and weak solar demand.
Tomorrow's Trade Idea, Today
ARE HEALTH IPOS BACK?
Nasdaq Debut
Omada Health $OMDA ( ▲ 11.56% ) made an impressive entrance to the world of public markets on Friday, as shares jumped 21% on its first day of trading. Its IPO was priced at $19, and the stock closed at $23, peaking at $28.40.
The offering raised around $150 million from 7.9 million shares, valuing the company at just over $1 billion. This valuation could be higher when factoring in all outstanding shares. The company now joins a slowly revitalizing tech IPO landscape.
A Digital Health Pioneer
Founded in 2012, Omade Health delivers virtual care solutions for chronic conditions like diabetes, prediabetes, and hypertension. CEO and co-founder Sean Duffy expressed pride in the team’s journey, calling the IPO a “surreal moment.”
Omada’s public debut follows Hinge Health’s $HNGE ( ▼ 0.4% ) recent IPO, signaling a resurgence in digital health offerings after a prolonged lull. With co-founders Andrew DiMichele and Adrian James having moved on, Duffy now leads Omada into a new era in an industry that is increasingly regaining investor interest.
Big-Name Backers
Omada’s financials show promising momentum. Revenue was up 57% in Q1 to $55 million, and total revenue jumped 38% in 2024 to $169.8 million. Additionally, net losses dropped from $19 million to $9.4 million year over year.
The company’s IPO drew backing from top-tier investors, including Andreessen Horowitz, US Venture Partners and Fidelity’s FMR LLC. Each of them now hold 9-10% stakes. With strong investor confidence, solid fundamentals and promising growth, Omada looks well-positioned for its next chapter.
Are you bullish or bearish on Omada Health (OMDA) over the next 12 months? |
Sponsored by Vintage
Invest in recession-resilient Mobile Home Parks with Vintage Capital. Invest direct or in a fund of 20+ underlying assets. 1031s are also available. Access stable, income-generating properties with consistent demand and low tenant turnover.
Now is the time to act: Current market conditions are creating opportunities to acquire properties at attractive valuations.
Our fund targets a 15%-17% IRR and makes monthly distributions, which provides a steady income stream alongside strong upside potential and tax-efficient benefits.
Why Mobile Home Parks?
Recession-Resilient: Affordable housing demand drives stable returns in any economy
High Tenant Retention: The average MHP tenant stays 10-12 years (compared to 2-3 in Multifamily)
Proven Expertise: $80MM+ track record in mobile home park investments.
Tax-Smart Investing: Bonus depreciation offers tax advantages.
ON OUR RADAR
CNBC: Trump to host CEOs including Uber, Dell, Goldman to unveil “Trump” savings accounts for newborns.
WSJ: Steel tariffs squeeze canned foods aisle as 50% duty on tin-plate may raise prices 9–15%.
AP: Canada to hit NATO 2% GDP defense spending early, reduce reliance on U.S. military.
Reuters: Automakers panic as China’s rare-earth export restrictions threaten production by July.
Axios: Consumer inflation expectations fell in May as Trump’s China trade truce eased tariff fears, per NY Fed survey.
FRIDAY’S POLL RESULTS
Are you bullish or bearish on Planet Labs (PL) over the next 12 months?
▇▇▇▇▇▇ 🐂 Bullish
▇▇▇▇▇▇ 🐻 Bearish
And, in response, you said:
🐂 Bullish —
“Just waiting for an entrance.”
Reply