Neighbourhood-oriented social network Nextdoor went public today via a merger with a Special Purpose Acquisition Company (SPAC), trading under the symbol "KIND." Shares opened at $11.74 and were trading near $15 at midday.
Nextdoor (KIND) stock summary
| Company stock name | Nextdoor Holdings Inc |
| Stock ticker symbol | KIND |
| Exchange | NYSE |
| 52-week stock price range | $1.32 – $2.80 |
| Where to buy Nextdoor stock | Buy on CIBC Investor's Edge |
Can I buy Nextdoor stock in Canada?
Yes, you can buy Nextdoor stock in Canada. You simply need to open a brokerage account with an online trading platform that supports stocks on the NYSE exchange. Platforms like Interactive Brokers will allow you to directly buy Nextdoor stock from within Canada.How to buy Nextdoor stock
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Choose a stock trading platform.
Compare trading platforms. Choose a trading app with competitive pricing, access to trading tools and a user-friendly interface. (Check out our guide to the best trading apps in Canada.) -
Open a trading account.
To open a trading account, you'll need to provide personal information (like your email, phone number and banking details), verify your identity and complete the sign-up process. -
Fund your account.
Deposit funds into your trading account by linking your bank account via an Electronic Funds Transfer (EFT), wire transfer, cheque deposit or by whatever means the platform supports. Make sure you deposit enough to cover the stock price + any trading fees. -
Search for the stock—KIND.
Look up the stock using its name (Nextdoor Holdings Inc) or ticker symbol (KIND). Review its current price, recent performance and other relevant data before placing your order. -
Complete your purchase of Nextdoor stock.
Choose the number of KIND stocks you want to purchase, place your order, confirm the details and then submit. Once executed, the shares will appear in your trading account.
Our top picks for where to buy Nextdoor stock
Nextdoor stock chart (NYSE: KIND)
This chart tracks Nextdoor stock price performance over time.Nextdoor stock price
We'll update this guide as more Nextdoor stock information becomes available.
Is Nextdoor stock a buy or sell right now?
The technical analysis gauge above shows real-time buy or sell ratings and analysis for Nextdoor stock based on your selected timeframe. It uses three widely followed indicators—moving averages, oscillators and pivots—but this does not represent investment advice or a guarantee of success. Finder may not concur with these signals and accepts no responsibility for the performance of your stocks.
Can I buy Nextdoor stock on the TSX?
No, you cannot buy Nextdoor stock on the TSX because Nextdoor stock is not listed on the TSX. Instead, Nextdoor stock is listed on the NYSE under the symbol "KIND."
That said, if you're wondering how to invest in Nextdoor stock in Canada, you still have the option to do so by opening a trading account with a Canadian brokerage that gives you access to NYSE, like Interactive Brokers.
Nextdoor stock dividends
Nextdoor is not expected to pay a dividend over the next 12 months. We'll continue to monitor Nextdoor's stock information and update this guide if that changes.
Nextdoor stock performance metrics
Here are some common key metrics for Nextdoor stock that analysts often use to help gauge a stock's value—P/E ratio, PEG ratio and EBITDA.
How volatile is Nextdoor stock?
Over the last 12 months, Nextdoor's stocks price has ranged from $1.32 to as high as $2.80. Nextdoor's beta measurement of stock volatility is 1.19. For comparison, the market () average beta is 1. This would suggest that Nextdoor's stocks are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Some analysists use "beta" to gauge a stock's volatility. Beta is a popular way to measure a stocks volatility in relation to the market. Here is a breakdown of Nextdoor's beta stock volatility rating.
Nextdoor Holdings Inc company and revenue performance
| Market Capitalization | $719.3 million |
|---|---|
| Gross profit (TTM) | $207 million |
| Profit margin | -36.95% |
| Revenue (TTM) | $248.3 million |
| Return on assets (TTM) | -9.79% |
| Return on equity (TTM) | -18.77% |
| Earnings per share (TTM) | -$0.24 |
| 50-day moving stock price average | $1.67 |
| 200-day moving stock price average | $2.01 |
Nextdoor company profile
Nextdoor Holdings, Inc. operates a neighborhood network that connects neighbors, businesses, and public agencies in the United States and internationally. The company provides local news, events, relevant discussions, and exchange goods and services, as well as discovers and supports local businesses.
It also offers a suite of advertising solutions designed to deliver value for businesses of various sizes. The company is headquartered in San Francisco, California.
Compare trading platforms to buy Nextdoor stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Do I have to pay tax on gains from Nextdoor stock sales in Canada?
Yes, you'll need to pay taxes in Canada on investment income, which includes any profit from selling Nextdoor stock. The CRA taxes investment income from stocks in Canada based on three main factors:
- Investment income. Investment income includes money earned from interest, dividends or capital gains, which may affect how much you have to pay in taxes on stock sales in Canada.
- Investor type. Your investment income will be taxed differently depending on whether you're a regular investor or a day trader (which means you buy and trade stocks on a daily basis as your primary form of income).
- Tax bracket. The higher your tax bracket, the more you'll pay on income from stock sales. Your tax bracket depends on your gross income (minus deductions).
You can learn more about the tax implications of selling stocks in Canada here.
Frequently asked questions about Nextdoor stock
Sources
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