What does CYRK mean in NASDAQ Symbols?
This page is about the meanings of the acronym/abbreviation/shorthand CYRK in the Business field in general and in the NASDAQ Symbols terminology in particular.
Translation
Find a translation for Cyrk, Inc. in other languages:
Select another language:
- - Select -
- 简体中文 (Chinese - Simplified)
- 繁體中文 (Chinese - Traditional)
- Español (Spanish)
- Esperanto (Esperanto)
- 日本語 (Japanese)
- Português (Portuguese)
- Deutsch (German)
- العربية (Arabic)
- Français (French)
- Русский (Russian)
- ಕನ್ನಡ (Kannada)
- 한국어 (Korean)
- עברית (Hebrew)
- Gaeilge (Irish)
- Українська (Ukrainian)
- اردو (Urdu)
- Magyar (Hungarian)
- मानक हिन्दी (Hindi)
- Indonesia (Indonesian)
- Italiano (Italian)
- தமிழ் (Tamil)
- Türkçe (Turkish)
- తెలుగు (Telugu)
- ภาษาไทย (Thai)
- Tiếng Việt (Vietnamese)
- Čeština (Czech)
- Polski (Polish)
- Bahasa Indonesia (Indonesian)
- Românește (Romanian)
- Nederlands (Dutch)
- Ελληνικά (Greek)
- Latinum (Latin)
- Svenska (Swedish)
- Dansk (Danish)
- Suomi (Finnish)
- فارسی (Persian)
- ייִדיש (Yiddish)
- հայերեն (Armenian)
- Norsk (Norwegian)
- English (English)
Definition
What does CYRK mean?
- Cyrk
- Cyrk was once one of the largest promotions companies in the world with over 2000 employees worldwide. The company's stock was listed on NASDAQ under the ticker symbol CYRK. From its earliest days as a public company and headquartered in Massachusetts, CYRK struggled with three significant gating factors in its public company business model: 1) customer concentration consisting primarily of Fortune 50 "Power Brands" 2) client disclosure restrictions imposed by the Power Brands which hindered CYRK's ability to provide quarterly forward looking guidance strongly demanded by Wall St. analysts and market makers and 3) volatility associated with the meteoric success of its consumer loyalty promotions totaling hundreds of millions of dollars over relatively short periods of time only to be followed in subsequent reporting periods by a resulting contraction in its sales base once the "Power Brands" marketing needs waned as consumers became engaged and increasingly loyal. The bulk of CYRK's revenues were generated from the sale of custom promotional products employed as consumer rewards in points-based consumer loyalty promotions. CYRK had three very successful public offerings between early 1993 and late 1994 underwritten by Montgomery Securities, all of which were oversubscribed.
Embed
Citation
Use the citation below to add this abbreviation to your bibliography:
Style:MLAChicagoAPA
"CYRK." Abbreviations.com. STANDS4 LLC, 2024. Web. 5 May 2024. <https://www.abbreviations.com/term/6610>.
Discuss this CYRK abbreviation with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In