Check out the companies making headlines before the bell. Under Armour — Shares dropped 5.3% on news that founder Kevin Plank is returning as chief executive to the sportswear company. Plank's return is a clear signal that UAA's strategy is not working, Evercore ISI said, downgrading shares to underperform from...
Check out the companies making headlines in midday trading. Crypto stocks — Stocks whose performance is tied to the price of bitcoin rose as the cryptocurrency pushed to another record for the third day in a row. Crypto exchange Coinbase gained roughly 3% and bitcoin proxy MicroStrategy surged nearly...
Check out the companies making headlines in after-hours trading. Broadcom — Shares dipped 3% after the semiconductor company posted full-year revenue guidance that was in line with analysts' expectations, per LSEG. For the fiscal first quarter, Broadcom reported adjusted earnings of $10.99 per share, while analysts while analysts polled...
Check out the companies making headlines before the bell. Foot Locker — Shares tumbled about 9.7% after the sneaker retailer posted a holiday-quarter loss and provided weak guidance for the current year. Struggling to meet its financial goals, Foot Locker's finance chief said the company is expecting its profitability...
Check out the companies making headlines before the bell. New York Community Bancorp — Shares fell more than 20% after the regional bank disclosed on Thursday evening that it had found issues with its "internal controls." NYCB also announced a CEO change, effective immediately. Goodrx — Shares added 5.4%...
Check out the companies making headlines in midday trading. Hormel Foods — Shares popped 13.3% after the food processing company beat fiscal first-quarter earnings and revenue expectations. It posted earnings of 41 cents per share, excluding items, on revenue of $3 billion. Analysts polled by FactSet had called for...
Check out the companies making headlines in after-hours trading. DoorDash – Shares dropped nearly 8% after the food delivery reported mixed fourth-quarter results. Although revenue rose 27% to $2.3 billion, outpacing LSEG estimates, the loss of 39 cents per share was wider than expected. DoorDash, which has seen its...
Check out the companies making headlines before the bell. Disney — Shares jumped 7.8% after the entertainment giant announced a 50% increase to its dividend and higher-than-expected fiscal first-quarter earnings at $1.22 per share, compared to the consensus forecast from LSEG of 99 cents. Also lifting the stock was...
Check out the companies making headlines before the bell. Spotify — The streaming stock popped 7.4% after Spotify reported an increase in Premium subscribers — which reached 236 million in the fourth quarter — that beat analysts' expectations as estimated by the FactSet consensus. Palantir — Shares of the...
Check out the companies making headlines before the bell. Qualcomm — The semiconductor stock shed 2% following a downgrade from Citi to neutral from buy . While Qualcomm beat both earnings and revenue estimates for the fourth quarter , Citi analyst Christopher Danely was disappointed by the company's lower-than-expected...