Stocks making the biggest moves midday: Ulta Beauty, Netflix, American Express, Ibotta and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 21 min. at publisher
  • 📊 Quality Score:
  • News: 79%
  • Publisher: 72%

Regwall-Marketmovers News

Ibotta Inc,Trump Media & Technology Group Corp,Super Micro Computer Inc

These are the stocks posting the largest moves in midday trading.

Check out the companies making headlines in midday trading. Ulta Beauty – Ulta Beauty shares fell 3% after Jefferies downgraded the beauty retailer to a hold from a buy rating, citing rising competition. Netflix — The streaming giant sank more than 7% after saying it will stop reporting subscriber growth in its quarterly earnings starting next year. Shares were headed for their worst day since July. Shopify — Shares advanced 1.

8 billion versus the consensus estimate of $15.79 billion. American Express said U.S. consumer spending increased 8% from a year earlier. Super Micro Computer — The server and data storage company slipped more than 17%. Earlier in the day, Super Micro Computer said fiscal third-quarter results will be out April 30, but offered no guidance ahead of the report. Ibotta — Shares of the technology company fell nearly 6% a day after Ibotta's initial public offering.

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
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Stocks making the biggest moves midday: Intel, Spotify, Ulta Beauty and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

New concern about the beauty industry undeservedly knocks a portfolio stock. We're buying the dipNegative comments from Ulta spread selling to other companies in the beauty space.
Source: CNBC - 🏆 12. / 72 Read more »