These Stocks Are Moving the Most Today: Apple, Intel, Cal-Maine Foods, A10 Networks, and More

📆 04/10/2023 08:41:00
📰 MarketWatch

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 97%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Apple shares are downgraded at KeyBanc, Intel plans a spinoff of its programmable solutions business, and sales slump at Cal-Maine Foods as egg prices tumble.

Stock futures fell Wednesday as a relentless surge in Treasury yields dragged equities lower. The S&P 500 fell 1.4% on Tuesday to a four-month low.Apple was downgraded to Sector Weight from Overweight at KeyBanc with the analysts saying the stock has been trading at near all-time-high multiples and a historically large premium to the Nasdaq, and that they see soft growth from the iPhone maker’s Americas region. KeyBanc has no price target on Apple shares. The stock was down 1.1% to $170.

Cal-Maine Foods reported fiscal first-quarter earnings that missed analysts’ expectations and said sales slumped about 30% as average egg prices tumbled to $1.59 per dozen from $2.28 a year earlier. Shares of the egg producer fell 12% in premarket trading.

Scrivi un Commento

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Cal-Maine stock drops on earnings missShares of Cal-Maine Foods Inc. CALM dropped 12% in after-hours trade Tuesday, after the egg producer reported fiscal first-quarter results that fell below...
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »

Dow futures tick lower, Cal-Maine foods tanks 11.8% after earnings By Investing.comDow futures tick lower, Cal-Maine foods tanks 11.8% after earnings
Fonte: Investingcom - 🏆 450. / 53 Leggi di più »