Check out the companies making headlines in midday trading: GameStop , AMC Entertainment — The so-called meme stocks retreated significantly after a two-day rally . GameStop declined about 30%, while AMC dropped 20% as the trading frenzy seemed to fade. The sell-off in AMC shares also came after the company announced a debt-for-equity swap. Before […]
Check out the companies making headlines after the bell : Boot Barn — The western apparel and footwear stock slid 7% after issuing light revenue and earnings guidance for the full year. Boot Barn said it expects earnings for the year to range between $4.55 and $4.85 a share, behind a FactSet estimate of $5.16 […]
CNBC’s annual Stock Draft kicked off Thursday on ” Power Lunch ,” with candidates gunning for a variety of investments from bitcoin to AI plays . The annual stock-picking competition pits financial professionals, athletes and celebrities against each other, as each of the 10 teams are asked to pick two names from a list of […]
Beyonce leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on February 13, 2024 in New York City. James Devaney | GC Images | Getty Images Western boots have a new protector in Beyoncé. The country fashion staple’s sales surged more than 20% in the week after the music […]
Listed here are Friday largest calls on Wall Road: Bernstein initiates Howmet Aerospace as outperform Bernstein mentioned it is bullish on shares of the aerospace firm. “We provoke on Howmet Aerospace ( HWM) at Outperform with a goal of $67. We see extra upside for Howmet even after outperformance by the inventory in 2023.” Financial […]
Thrifty consumers are hitting the stores for back-to-school shopping knowing they’re going to spend more due to higher prices, and are picking retailers where they can stretch their dollars. “Consumers continue to face headwinds of rising rates and student loan moratorium expiration, but still healthy balance sheets, rising real wages, and a resilient labor market […]
Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Check out the companies making headlines before the bell Thursday. Walmart – Shares of the retail giant rose more than 1.5% in premarket trading after the company raised its […]
Check out the companies making headlines in extended trading. Take-Two Interactive Software — Shares jumped 8.1% Wednesday during after hours trading. The video game company reported $1.39 billion in adjusted revenue in the fiscal fourth quarter, topping analysts’ estimates of $1.34 billion, according to Refinitiv. Meanwhile, the company’s estimates for bookings in the first-quarter and […]
