News Formal

Stocks making the biggest moves midday: Walmart, Nike, Dell, Tapestry and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 29 min. at publisher
  • 📊 Quality Score:
  • News: 107%
  • Publisher: 72%

Regwall-Marketmovers Notizia

Ulta Beauty Inc,Alibaba Group Holding Ltd,Alibaba Group Holding Ltd

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

Check out the companies making headlines in midday trading. Walmart — Shares of the discount retailer jumped 7% on strong earnings. Walmart topped Wall Street's quarterly estimates and lifted its full-year outlook as consumers show ongoing resilience. For the year, the company expects sales to rise between 3.75% and 4.75%, and adjusted earnings to come in between $2.35 and $2.43 per share.

Cisco also announced that it is laying off 7% of its workforce and implementing a restructuring plan that will result in $1 billion in pretax charges. Tapestry — The luxury retail company rose 3% after posting a top- and bottom-line beat. Tapestry adjusted earnings per share of 92 cents, versus analysts' estimates of 99 cents per share, per LSEG. Revenue of $1.59 billion also came in higher than the consensus forecast of $1.57 billion.

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:

 /  🏆 12. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

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

Stocks making the biggest moves after hours: Cisco, Ulta, Nike and moreThese are the stocks posting the largest moves in extended trading.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Stocks making the biggest moves premarket: Ulta Beauty, Walmart, Cisco Systems and moreThese are the stocks posting the largest moves in premarket trading.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »