Published on 2 Apr 2024 on Zacks via Yahoo Finance
Nextdoor Holdings, Inc. (KIND) Declines More Than Market: Some Information for Investors
The latest trading session saw Nextdoor Holdings, Inc. (KIND) ending at $2.20, denoting a -1.79% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.72%. Meanwhile, the Dow lost 1%, and the Nasdaq, a tech-heavy index, lost 0.95%.
Coming into today, shares of the company had lost 5.49% in the past month. In that same time, the Computer and Technology sector gained 2.34%, while the S&P 500 gained 2.16%.
The investment community will be paying close attention to the earnings performance of Nextdoor Holdings, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be -$0.09, reflecting no change from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $50.9 million, reflecting a 2.26% rise from the equivalent quarter last year.