VanEck Short Muni ETF logo

VanEck Short Muni ETF (SMB)

Market Closed
5 Dec, 20:00
BATS BATS
$
17. 32
-0
-0.03%
$
286.17M Market Cap
0.12% Div Yield
59,702 Volume
$ 17.32
Previous Close
Day Range
17.3 17.34
Year Range
16.7 17.48
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Veeva Systems: SMB Sector Is Growing Momentum

Veeva Systems: SMB Sector Is Growing Momentum

I rate Veeva Systems Inc. as a buy due to the recent 0.5% interest rate cut from the FED, boosting demand from recovering SMB biotech firms. Veeva's Q2 FY2025 results exceeded expectations, with revenue reaching $676 million and subscription revenue hitting $561 million, ensuring stable free cash flow. Improved FY2025 guidance, with revenue and non-GAAP operating earnings projections slightly raised, is positively influencing market sentiment.

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