News Formal

Stocks making the biggest moves premarket: Match Group, CVS, SolarEdge and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Paycom's shares sank 8.6% in premarket trading after the company forecasted third-quarter revenue guidance that fell short of analysts' expectations.

for its fiscal third quarter. The company reported $1 in adjusted earnings per share on $9.17 billion of revenue. Analysts surveyed by Refinitiv were looking for 95 cents on earnings per share but $9.29 billion of revenue. The miss came even as same store sales boomed in China.

— CNBC's Tanaya Macheel, Alex Harring, Yun Li, Jesse Pound, Samantha Subin, Brian Evans, and Michelle Fox Theobald contributed reporting.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Match Group stock rallies 14% after company swings to profit, revenue rises 4%Shares of Match Group Inc. jumped more than 14% in the after-hours session Tuesday after the online dating company behind Tinder and other brands swung to a...
Source: MarketWatch - 🏆 3. / 97 Read more »

AMD shares rise as chipmaker tops expectations, Starbucks shares fall and other stocks on the moveAMD, Match Group, Starbucks and Electronic Arts are on the move.
Source: MarketWatch - 🏆 3. / 97 Read more »