Index Investing News
Saturday, May 24, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Stocks making the biggest moves midday: AFRM, WBD, SFIX, CPB

by Index Investing News
June 8, 2023
in Markets
Reading Time: 3 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


Gabby Jones | Bloomberg | Getty Images

Check out the companies making the biggest moves midday.

Affirm — Shares of the payments company gained 2.4% after Affirm and Amazon announced a new compatibility feature. Affirm’s Adaptive Checkout, which offers customers pay-over-time plans, will now be a payment option through merchants offering Amazon Pay.

Stitch Fix — The stock soared 27.99% after the online personalized styling service company reported a narrower-than-expected loss for the fiscal third quarter. Stitch Fix posted a loss of 19 cents per share, compared with the 30-cent loss per share anticipated by analysts, according to Refinitiv. Revenue also beat expectations.

Warner Bros. Discovery — Shares popped 8.43% following the announcement CNN CEO Chris Licht is leaving the company after a tumultuous reign of just over a year.

Dave & Buster’s — Shares of the entertainment giant jumped 18.29% a day after Dave & Buster’s posted a beat on earnings. The company reported first-quarter earnings of $1.45 per share, while analysts polled by Refinitiv called for $1.24 per share. Revenue fell short of expectations, however, coming in at $597 million, versus the $602 million estimated by Wall Street.

GameStop — The meme stock added 5.75% ahead of its quarterly results following Wednesday’s close. Analysts polled by FactSet are forecasting a quarterly loss of 15 cents per share.

Petrobras — Shares gained 2.92% after Morgan Stanley upgraded the Brazilian oil giant to overweight from equal weight. The Wall Street firm said Petrobras could deliver a larger dividend to investors this year than it has historically.

Tesla — Shares added 1.47% after the electric vehicle maker posted an update on its website that showed new Model 3 and Model Y cars are eligible for a $7,500 tax credit from the Inflation Reduction Act.

Yext — Shares of the online marketing firm soared 38.44% in midday trading due to an earnings beat. On Tuesday, the company reported an adjusted 8 cents per share on $99.5 million in revenue, while analysts forecast 5 cents and $98.5 million, according to FactSet.

Super Micro Computer — The chip stock added 2.84% after Rosenblatt initiated coverage with a buy rating and $300 price target, which implies nearly 29% upside from Tuesday’s close. The Wall Street firm called Super Micro Computer a top artificial intelligence beneficiary.

Campbell Soup — Shares fell 8.91% after the company reaffirmed its full-year guidance of $2.95 to $3.00 for adjusted earnings per share, below the $3.01 expected from analysts polled by StreetAccount. However, its fiscal third-quarter earnings topped estimates, while revenue was in line.

Mobileye Global — The autonomous vehicle technology stock added 2.84% after Canaccord Genuity initiated coverage with a buy rating. The Wall Street firm called Mobileye a sustainable play that will also improve supply chains.

Coinbase — The crypto exchange gained 3.2%, after losing 12% in the previous session. The U.S. Securities and Exchange Commission sued Coinbase on Tuesday, alleging the company was operating as an unregistered exchange and broker. Ark Invest’s Cathie Wood snapped up shares after the news Tuesday.

— CNBC’s Jesse Pound, Brian Evans and Darla Mercado contributed reporting.



Source link

Tags: AFRMBiggestCPBMakingmiddaymovesSFIXStocksWBD
ShareTweetShareShare
Previous Post

Tech sell-off drags US stocks lower

Next Post

HBO’s ‘Taylor Mac’s 24-Decade History of Popular Music’ Doc Trailer

Related Posts

ValueAct takes a stake in Rocket Cos. How the activist might assist raise shares

ValueAct takes a stake in Rocket Cos. How the activist might assist raise shares

by Index Investing News
May 24, 2025
0

FILE PHOTO: A banner celebrating Rocket Firms Inc., the mother or father firm of U.S. mortgage lender Quicken Loans, IPO...

Costco (COST) all set to report Q3 2025 earnings. Right here’s what to anticipate

Costco (COST) all set to report Q3 2025 earnings. Right here’s what to anticipate

by Index Investing News
May 23, 2025
0

Costco Wholesale Company (NASDAQ: COST) has delivered a formidable efficiency within the first half of FY25, aided by robust membership...

Goal Company (TGT): A take a look at how the retailer is navigating a troublesome atmosphere

Goal Company (TGT): A take a look at how the retailer is navigating a troublesome atmosphere

by Index Investing News
May 24, 2025
0

Shares of Goal Company (NYSE: TGT) stayed pink on Friday. The inventory has dropped 23% over the previous three months....

The Massive Lovely Bitcoin Breakout

The Massive Lovely Bitcoin Breakout

by Index Investing News
May 23, 2025
0

Bitcoin (BTC) broke $111,000 yesterday, an all-time excessive. Supply: coingecko.com And since everybody is aware of I’m a crypto bull,...

Goolsbee says Fed has to attend longer earlier than transferring charges as a result of commerce coverage uncertainty

Goolsbee says Fed has to attend longer earlier than transferring charges as a result of commerce coverage uncertainty

by Index Investing News
May 24, 2025
0

Chicago Federal Reserve President Austan Goolsbee stated Friday that President Donald Trump's newest tariff threats have difficult coverage and certain...

Next Post
HBO’s ‘Taylor Mac’s 24-Decade History of Popular Music’ Doc Trailer

HBO's 'Taylor Mac's 24-Decade History of Popular Music' Doc Trailer

I make an extra £10k a year with my easy side hustle – anyone can do it & it brings joy to so many people

I make an extra £10k a year with my easy side hustle - anyone can do it & it brings joy to so many people

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Home Building is Exploding, But Will it Solve Our Inventory Crisis?

Home Building is Exploding, But Will it Solve Our Inventory Crisis?

September 8, 2023
Chelsea´s drop in kind welcomed by Hasenhuttl: ´It´s good to see the large groups wrestle typically´

Chelsea´s drop in kind welcomed by Hasenhuttl: ´It´s good to see the large groups wrestle typically´

April 8, 2022
ServiceNow Inventory: Very Excessive High quality However Very Excessive Expectations (NYSE:NOW)

ServiceNow Inventory: Very Excessive High quality However Very Excessive Expectations (NYSE:NOW)

April 14, 2025
China says EU probe into Chinese electric vehicle exports, subsidies is protectionist

China says EU probe into Chinese electric vehicle exports, subsidies is protectionist

September 14, 2023
‘Real Time With Bill Maher’ Sets Return With Writers – Deadline

‘Real Time With Bill Maher’ Sets Return With Writers – Deadline

September 27, 2023
Bitcoin Will Be ‘Nugatory’ In 10 Years, Finance Nobel Prize Winner Says

Bitcoin Will Be ‘Nugatory’ In 10 Years, Finance Nobel Prize Winner Says

February 3, 2025
Salesforce: Huge Rally And More Likely To Come (NYSE:CRM)

Salesforce: Huge Rally And More Likely To Come (NYSE:CRM)

June 27, 2023
David Stockman On The Syrian Fiasco… A Case Of The “Empire First” Folly In Spades – FREEDOMBUNKER

David Stockman On The Syrian Fiasco… A Case Of The “Empire First” Folly In Spades – FREEDOMBUNKER

December 28, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In