Pathward Financial Stock Forum

Upgrades
• $Allegiance (ABTX.US)$ : Raymond James Upgrades to Outperform from Market Perform - PT $43
• $Bunge (BG.US)$: JPMorgan Upgrades to Overweight from Neutral - PT $106 (from $130)
• $Cerence (CRNC.US)$ : RBC Capital Upgrades to Sector Perform from Underperform - PT $27 (from $28)
• $First Mid Bancshares (FMBH.US)$ : Raymond James Upgrades to Outperform from Market Perform - PT $45
• $Lamar Advertising Co (LAMR.US)$ : Citigroup Up...

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story stocks' without revenue, let alone profit. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses.
So if you're like me, you might be more interested in profitable, growing companies, like  $Meta Platforms (FB.US)$ $Pathward Financial (CASH.US)$ . While t...

$Meta Platforms (FB.US)$ , which is undergoing metamorphosis into  Meta Platforms Inc, reportedly dished out $60 million to acquire trademark assets from $Pathward Financial (CASH.US)$
What Happened: On Monday, Meta Financial Group, a holding company for a regional bank, said in a U.S. Securities and Exchange Commission filing that it had entered into an agreement with Beige Key LLC, a Delaware limited liability company.
The bank said that Beige Key had agreed to acquire all worldwide rights to its company names. No details were spelled out in the filing as to the identity of Beige.
"Beige Key is affiliated with us and we have acquired these trademark assets," reported Reuters, citing a Meta Platform’s spokesperson. A spokesperson for MetaBank also confirmed the involvement of the Facebook parent to Reuters.
Why It Matters: The agreement between Meta Platforms and Meta Financial is a testament to how valuable the Meta name has become for the social media giant, noted Reuters.
After Facebook’s rebranding was announced, interest in metaverse shot up with several cryptocurrencies linked to virtual spaces shooting up. Recently, record “land” sales have been noted in the metaverse.
On Monday, Loup Ventures analyst Gene Munster said metaverse was among the two new product categories that could fuel the growth of $Apple (AAPL.US)$ going forward.

$Meta Platforms (FB.US)$ Owner Pays $60 Million For 'Meta' Name Rights, Meta Platforms made a key stride in its rebrand from Facebook this month, acquiring the exclusive rights to the name “Meta” from a South Dakota bank in a $60 million transaction. $Pathward Financial (CASH.US)$ and its subsidiary MetaBank will have one year to remove Meta from its name and all branding.

$Pathward Financial (CASH.US)$ got free share hope it keeps growing