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 Nyheter

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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

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