11/19/2023 0 Comments Shift technologies lock up period![]() ![]() However, there are some common areas of focus during any service provider assessment. When it comes to selecting a cloud provider, the requirements you have and evaluation criteria you use will be unique to your organisation. How to pick a cloud service provider? Use these 8 key areas for consideration. Ideally, therefore, you should choose your providers after you have identified your cloud migration candidates but in parallel with analysing and preparing these workloads for migration. It’s also worth noting, when migrating applications and workloads to the cloud, the specific environments you choose and the services offered by your cloud service provider will determine the configurations needed, the work you need to do and the help you can get from the provider in doing it. This is the quickest way to move from long list to short list.Īrmed with clarity on technical, service, security, data governance and service management requirements, you can more effectively interrogate your select group of potential providers. This sounds pretty obvious, but clarifying your specific requirements and minimum expectations, in advance of assessing providers ensures you are comparing them all against your checklist, instead of comparing one against the other. Timing – When to select a cloud provider?īefore you can effectively select a suitable provider you need to understand your specific business needs. We’ve distilled the key factors into a definitive list of 8 consideration areas. So how do you select the right cloud provider from so many? The answer is a defined selection and procurement process appropriately weighted towards your unique set of needs. From market giants like Microsoft, Amazon and Google through to smaller niche players offering bespoke services. However, the available market is vast, with a myriad of providers offering an even larger number of services. He writes for InvestorPlace’s Today’s Market team, which centers on the latest news involving popular stocks.How to select the right cloud service providerĪs more and more IT systems are externalised, making sure you pick the right cloud providers has become critical to long-term success. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines.Įddie Pan specializes in institutional investments and insider activity. On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Based on a float of 23.25 million shares, short interest as a percentage of float would tally in at a low 1.1%. Barron’s reports that 266,260 shares were sold short as of Dec. Meanwhile, HKD shareholders calling for a short squeeze may have to wait a bit longer. “AMTD serves as a super connector and digital accelerator for Asia-based entrepreneurs and corporates by connecting them to resources and technologies and providing them with access to our unique AMTD SpiderNet ecosystem.” In addition, the platform is a part of AMTD’s SpiderNet Ecosystem, which encompasses industry organizations, Asia’s tycoon families, capital support, academic institutions, and industry leaders. Its platform services include finance, media, marketing, and investments. ![]() So, what exactly does the company do? The company characterizes itself as a one-stop digital solutions platform that serves areas in Asia. Since then, all of the losses have been recovered. 12, the day after the lockup, HKD fell lower by 16% to $11.17. Based on the press release, it appears that the insiders did not, and will not, sell their shares until August 2024. However, a lockup expiration does not mean that insiders will sell rather it means that insiders can sell. These shares would be priced at $7.80 a piece with a total value of $124.8 million. Nasdaq had previously reported that 16 million shares could hit the market following a lockup expiration on Jan. ![]() HKD Stock: Executives Promise (Again) Not to Sell Stock Before August 2024 Today, the market capitalization is around $2 billion. A low float of 23.25 million shares may have contributed to the significant volatility. Shares of the company surged as much as 21,000% higher to a market capitalization of $310 billion. HKD held its initial public offering (IPO) in July 2021. This comes after the digital solutions company reaffirmed in a press release that executives, including AMTD Group (NYSE:AMTD) Chairman Calvin Choi, would not sell any shares of HKD stock on the open market before August 2024. Shares of AMTD Digital (NYSE:HKD) surged higher by as much as 23% during intraday trading before closing higher by 10%. ![]()
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