Check out the companies making headlines in midday trading. Gap — The apparel retailer saw shares surge 30% after it posted fiscal third-quarter results late Thursday that beat Wall Street's estimates due to strong sales at Old Navy and improvements at its namesake banner. Adjusted earnings of 59 cents...
Check out the companies making headlines in midday trading. Sonos — The stock climbed 17% after Sonos CEO Patrick Spence said the company is entering a multiyear product cycle that will include an entry "into a new multi-billion dollar category" in the second half of fiscal 2024. Macy's —...
Check out the companies making headlines before the bell: Monday.com — Shares of the project management company jumped 10% after Monday.com reported a strong quarter and issued a rosy forecast. Monday.com reported third-quarter earnings and revenue of 64 cents per share on revenue of $189.2 million. Analysts polled by...
Check out the companies making headlines in midday trading. Affirm — Affirm shares jumped 17% a day after the fintech company reported fiscal first-quarter revenue that topped expectations. Affirm posted $496.5 million in revenue, more than the $444.5 million consensus estimate, according to FactSet. Virgin Galactic Holdings — Shares...
Check out the companies making headlines in midday trading. Microsoft — Shares jumped 2.5% as investors cheered the Xbox maker's fiscal first-quarter results released Tuesday. Microsoft posted almost 13% year-over-year revenue growth, and its Azure cloud segment saw revenue gain 29% for the quarter. The Windows software maker also...
Check out the companies making headlines before the bell: UnitedHealth — The largest health insurer by revenue rose more than 1% after beating analysts' third-quarter expectations. The company, part of the Dow Jones Industrial Average, posted adjusted earnings of $6.56 per share on revenue of $92.4 billion. Analysts polled...
Check out the companies making headlines in midday trading. Walgreens Boots Alliance — Walgreens Boots Alliance popped nearly 6% in midday trading after sharing that it has made progress in its cost-cutting program. The retail pharmacy giant on Thursday missed fiscal fourth-quarter earnings estimates , reporting an adjusted 67...
An Exxon gas station sign in the Brooklyn borough of New York City, Oct. 6, 2023.Michael M. Santiago | Getty ImagesCheck out the companies making headlines before the bell:Walt Disney — Shares of the media giant rose more than 1% after The Wall Street Journal reported that activist investor...
The Fluor Corporation logo is displayed on a smartphone.Sopa Images | Lightrocket | Getty ImagesCheck out the companies making headlines in midday trading.Fluor — The engineering and construction company gained 2% after UBS upgraded Fluor shares to buy. The Wall Street firm is bullish on Fluor after reaching agreements...
Check out the companies making headlines before the bell:Rivian Automotive — Shares popped 3.3% in the premarket. Evercore ISI upgraded Rivian Automotive to outperform from in line, and raised its price target, saying the electric truck maker could be the next Tesla and BYD.The Sphere is seen during the...