News Formal

Stocks making the biggest moves midday: Coty, Workday, Splunk, Five Below & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Coty gets a boost from its stake in Kylie Jenner's cosmetics start-up. Splunk and TripAdvisor advance on analyst upgrades.

— Shares of TripAdvisor rose 2% after Cowen upgraded the travel service to market perform from underperform. Cowen said the stock's pullback after disappointing third quarter results more adequately values TripAdvisor, although the firm also cut its price target to $30 from $39.

— Cabot Microelectronics shares plummeted more than 18% on the back of disappointing revenue guidance. The company expected fiscal first-quarter revenue to come in flat on a year-over-year basis. That would be below a FactSet estimate of $285.9 million. Cabot's fiscal 2020 EBITDA guidance also missed estimates.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kylie Jenner Sells 51 Percent of Her Makeup Company to CotyThe cosmetic brand purchased the majority of the reality star's company for $600 million.
Source: etnow - 🏆 696. / 51 Read more »

Kylie Jenner Sells Majority Stake in Beauty Business to CotyCoty Inc. is officially buying into KylieJenner’s beauty business.
Source: wwd - 🏆 24. / 68 Read more »