Appfolio Inc
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Information Technology : Software | Small Cap Blend
Company profile

AppFolio, Inc. is a provider of cloud business management solutions for the real estate industry. The Company’s solutions enable its customers to digitally transform their businesses, automate and streamline critical business operations. AppFolio solutions are designed to meet that need in the real estate industry and assist an increasingly interconnected and growing ecosystem of users, including property managers, property owners, real estate investment managers, rental prospects, residents, and service providers, with critical transactions across the real estate lifecycle, including screening potential tenants, sending and receiving payments and providing insurance-related risk mitigation services. Its solutions include AppFolio’s platform, AppFolio Property Manager and AppFolio Property Manager Plus. It also offers a variety of value-added services, including electronic payment services, tenant screening services and insurance.

Closing Price
$116.44
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
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Day's Low
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Volume
(Light)
Volume:
58,853

10-day average volume:
149,893
58,853

Citi analyst doesn't see cause for concern for U.S. banks despite Credit Suisse woes

8:07 am ET October 3, 2022 (MarketWatch)
Print

Citi analyst Keith Horowitz said late Sunday the bank doesn't see cause for concern about financial contagion of U.S. banks from Credit Suisse , amid social media speculation about the health of the major Swiss lender. "We understand the nature of the concerns, but the current situation is night and day from 2007 as the balance sheets are fundamentally different in terms of capital and liquidity, and we struggle to see something systemic," Horowitz said. He noted that credit default swap spreads of U.S. banks have widened over the last few weeks, but that U.S. bank stocks "are very attractive here." Shares of JPMorgan Chase rose 0.7% in premarket trades. Goldman Sachs Group Inc. traded flat. The Financial Select Sector SPDR ETF is down 22.3% in 2022, compared to a drop of 24.8% by the S&P 500 .

-Steve Gelsi

	

(END) Dow Jones Newswires

October 03, 2022 08:07 ET (12:07 GMT)

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