News Formal

Stocks making the biggest moves midday: GameStop, Reddit, Advanced Micro Devices, Robinhood and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 30 min. at publisher
  • 📊 Quality Score:
  • News: 111%
  • Publisher: 72%

Tilray Brands Inc News

Take-Two Interactive Software Inc,Gamestop Corp,Robinhood Markets Inc

These are the stocks posting the largest moves in midday trading.

Check out the companies making headlines in midday trading: GameStop — Shares tumbled 25% after the video game retailer said it plans to sell up to 45 million class A common shares in an at-the-market offering. The sale comes after GameStop shares surged earlier this week in a brief revival of the meme-stock trade. The company on Friday also reported preliminary results that showed a drop in first-quarter sales. GameStop is up only 16% this week.

Globant said to expect adjusted earnings between $1.47 and $1.52 per share and a range of $585 million to $589 million in revenue for the second quarter. Analysts polled by FactSet forecast earnings of $1.57 a share and $590.2 million. Cracker Barrel Old Country Store — Shares of the restaurant chain tumbled 12% on the back of its dividend cut to 25 cents per share from $1.30. The decrease was made to support the company's strategic plan . DXC Technology — The IT stock dove 16%.

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 UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Stocks making the biggest moves premarket: GameStop, Reddit, Take-Two Interactive Software and moreThese are the stocks posting the largest moves in early trading.
Source: CNBC - 🏆 12. / 72 Read more »