— Shares of the videoconferencing company rose more than 4% after Guggenheim initiated its coverage on the software company with a "buy" rating. Guggenheim set its price target on Zoom at $90, which implies a 28.7% upside from Thursday's close of $69.92. The firm said Zoom's business model is "a combination of low initial price and very rapid adoption.
"— Shares of the struggling retailer rose nearly 3% after reporting better-than-expected third-quarter earnings. The company reported earnings of 53 cents per share, topping estimates of 5 cents, according to Refinitiv. Revenue came in at $4.00 billion, above the forecast $3.96 billion. The company warned earlier this month that it was anticipating dismal results. The retailer said it is making "progress" on the Old Navy spin-off.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Stocks making the biggest moves premarket: Foot Locker, Nordstrom, Gap, Zoom Video & moreFoot Locker and Nordstrom gain on strong earnings while Zoom Video gets initiated with an 'outperform' rating.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »
Stocks making the biggest moves after hours: Nordstrom, Williams-Sonoma, Pure Storage and moreStocks making the biggest moves after hours: Nordstrom, Williams-Sonoma, Pure Storage & more
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »
Stocks making the biggest moves midday: TD Ameritrade, L Brands, Anaplan, La-Z-Boy & moreCheck out the companies making headlines in midday trading:
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »
Stocks making the biggest moves premarket: TD Ameritrade, KLA, Sonos, Macy's, RH & moreSonos reported higher-than-expected Q4 revenue and sales earlier today. This comes after the company announced its acquisition of voice assistant startup Snips yesterday.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »
Fund investors continue retreat from U.S. stocksInvestors pulled approximately $3.4 billion out of mutual funds and exchange tra...
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »
Stocks close lower on doubts about trade dealU.S. stocks closed lower Wednesday after reports that a trade deal with China might not be finalized this year. The Dow Jones Industrial Average was about...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »