Check out the companies making the biggest moves midday: Petco Health — The retailer slumped 22% after losing 4 cents per share in the fiscal first quarter, twice the loss of 2 cents that analysts had estimated, based on FactSet data. Revenue of $1.49 billion missed the Street’s $1.50 billion consensus, while same-store sales dropped…
These are the stocks posting the largest moves midday. [title_words_as_hashtags
Check out the companies making headlines in after-hours trading: Five Below — Shares of the discount retailer added 2.5% on the back of strong first-quarter financial results and second-quarter guidance. Five Below reported adjusted earnings of 86 cents per share on $971 million in revenue, while analysts polled by LSEG called for 82 cents per…
Check out the companies making headlines after hours: Hewlett Packard Enterprise — Shares rose 3% after the information technology company beat analysts’ expectations on the top and bottom lines. Hewlett Packard Enterprise reported second-quarter adjusted earnings of 38 cents per share on revenue of $7.63 billion. Analysts polled by LSEG had expected earnings of 32…
Check out the companies making headlines in midday trading: Tesla — Shares of the electric vehicle company dropped 3% after sales in May declined in several European markets. Reuters reported that Tesla suffered weaker sales in Sweden, France, Spain, Denmark and the Netherlands, but improved in Norway, boosted by the revamped Model Y. Advertising stocks…
Chinese smartphone company Xiaomi in the last week reported record net profit for a second-straight quarter, bolstering several analysts’ conviction on the Hong Kong-listed stock. In absolute dollar terms, Xiaomi’s earnings are still a fraction of Apple’s . But the Chinese company has a larger smartphone market share in China , and has built an…
Check out the companies making headlines in midday trading. Costco — The wholesaler gained more than 3% on fiscal third-quarter results that surpassed analyst estimates, while sales jumped 8% from the same period a year ago. Ulta Beauty — Shares of the beauty retailer skyrocketed nearly 13% to hit a 52-week high after the company…
Check out the companies making headlines before the bell: UiPath — Shares surged 12% after the automation software company posted first-quarter operating income and revenue figures that exceeded FactSet estimates. UiPath also raised its full-year revenue guidance and sees its current-quarter revenue coming in between $345 million and $350 million, while analysts polled by FactSet…
Check out the companies making headlines in after-hours trading: Nvidia — The artificial intelligence chipmaker’s shares jumped 5% after Nvidia reported better-than-expected quarterly results , as its data center business recorded year-over-year growth of 73%. Nvidia reported first-quarter adjusted earnings per share of 96 cents on revenue of $44.06 billion, higher than analysts’ estimates for…
Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped…
