— The oil giant saw its shares dip 1.6% after the company posted mixed second-quarter results. The company reported earnings of $1.94 a share, excluding items, lower than the $2.01 estimate by analysts, per Refinitiv. Revenues came in at $82.91 billion, above the expected $80.19 billion.– The solar stock dropped nearly 10% to hit a 52-week low after the company posted a revenue miss.
Enphase said its second-quarter revenue reached $711 million, falling short of analyst estimates of $722 million, according to Refinitiv. Deutsche Bank, Wells Fargo and Roth MKM downgraded the stock following the disappointing report.— The alcohol beverage company saw its shares soar more than 18% following a stronger-than-expected quarterly report. Boston Beer posted earnings of $4.72 per share, well above an estimate of $3.38 per share from FactSet. Its revenue also came in above expectations.
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