Stocks making the biggest moves midday: Salesforce, Kohl's, HP, Best Buy and more

Check out the companies making the biggest moves midday: Salesforce — The cloud software vendor tumbled 20.5% after reporting weaker-than-expected revenue and issuing guidance that fell short of Wall Street's expectations. Its fiscal first-quarter revenue was $9.13 billion, versus the $9.17 billion expected from analysts polled by LSEG. It was the first time since 2006 that Salesforce missed on revenue.

Analysts polled by FactSet expected full-year adjusted earnings per share guidance of $5.50. The company also lowered its revenue guidance for the year, which fell short of expectations. C3.ai — Shares added 18% after the tech company reported an adjusted loss of 11 cents per share for its fiscal fourth quarter, less than the 30 cent loss expected from analysts polled by StreetAccount. Revenue came in at $86.6 million, topping the $84.4 million consensus estimate.

Ireland Ireland Latest News, Ireland Ireland 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 premarket: Salesforce, Kohl's, Foot Locker and American Eagle OutfittersThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »

Status of the stocks: Record-low number of stocks on overfishing list in 2023Ongoing positive trends continued into last year
Source: NOAA - 🏆 160. / 63 Read more »

Top Wall Street analysts prefer these three stocks for the long haulTipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Walmart and Monday.com.
Source: CNBC - 🏆 12. / 72 Read more »