News Formal

Stocks making the biggest moves midday: Dollar General, Affirm, Best Buy and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 22 min. at publisher
  • 📊 Quality Score:
  • News: 82%
  • Publisher: 72%

Regwall-Marketmovers News

Victoria's Secret & Co,Affirm Holdings Inc,Dollar General Corp

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

Check out the companies making headlines in midday trading. Dollar General – The discount retailer's shares tumbled nearly 30% after the company slashed its sales and profit guidance for the full year. Dollar General CEO Todd Vasos said the softer sales trends are partially attributable to a core customer who feels "financially constrained." The retailer also reported disappointing results for the fiscal second quarter.

Pure Storage – Shares of the data storage company plunged 13%. Pure Storage issued third-quarter operating income guidance that was below analysts' estimates. For the current period, Pure Storage expects operating income to come in at $140 million, while analysts polled by FactSet estimated $148.1 million. Nvidia – Shares slid more than 3% despite the chip giant beating the Street's expectations for the fiscal second quarter .

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 after hours: Nvidia, Salesforce, CrowdStrike, Affirm and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »