Investing.com -- This week has seen significant activity in the markets, with several notable names making headlines for a variety of reasons. Here are Investing.com’s top stocks of the week:
The retailer reported Q3 earnings of $1.85 per share, $0.45 worse than the analyst estimate of $2.30 per share, while revenue for the quarter came in at $25.67 billion, below the consensus estimate of $25.87 billion.) mkt share gains coming largely from higher income consumers, TGT seems to be the one most at risk of losing additional share,” Citi stated.
The gains started on Monday after a report emerged that the company plans to submit a proposal to maintain its listing on the Nasdaq Stock Market. The rise was then boosted after SMCI announced that the Audit Committee of its Board of Directors had engaged BDO USA, P.C. as its independent auditor, effective immediately. The company also sought an extension from Nasdaq for its delayed financial filings.
At the time of writing, it is up around 31.6% in the last week of trading. It is up 12% so far on Friday.On Wednesday, MicroStrategy announced it completed the offering of its 0% convertible senior notes due 2029, with the aggregate principal amount of the notes sold in the offering being $3 billion.
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