MarketWise Shares Fell Last Week With Eyes Now on Buyback and Dividend
MarketWise Inc. shares are trading weaker as June starts, and investors are looking again at the old question: can the company keep up its dividend and buyback plan as it works to turn around subscriber growth and puts more money into rebuilding the base? The stock finished Friday at $17.24, slipping 0.29% on the day. The session saw a range from $17.15 to $17.96. Over the shortened week, it lost about 4.2% from its May 22 close of $17.99. U.S. exchanges were shut Monday for Memorial Day.