News Formal

Stocks making the biggest moves midday: Micron, FedEx, Slack, General Mills, Paychex

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

United States News News

United States United States Latest News,United States United States Headlines

These are the stocks posting the largest moves midday.

— FedEx shares rose 1.2% after the company reported adjusted quarterly profit of $5.01 per share, beating a Refinitiv estimate of $4.85. Its revenue also outpaced expectations. Gains were kept in check, however, as the company warned the U.S.-China trade dispute and the end of its Amazon.

com contract would hurt its numbers moving forward.— Shares of Care.com, a service that helps connect people with care services like babysitters and elder care, fell 17.3% after the company announced Tuesday its chief financial officer, Michael Echenberg, would resign from the company. Echenberg will leave the company Aug. 30.

 

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

The Najarian brothers are con men. They don’t belong on a serious business network

You misspelled bitcoin

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 US

United States United States Latest News, United States United States Headlines

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

Micron stock surges after hours as earnings top lowered expectationsMicron Technology Inc. shares rise in the extended session Tuesday, after the memory-chip maker’s results topped lowered expectations for the quarter:
Source: MarketWatch - 🏆 3. / 97 Read more »

Chip-maker shares lead early stock-market gains after Micron resultsU.S. stocks claw back some of the previous day’s loss in early trade Wednesday as semiconductor shares scored a bounce from Micron Technologies’s... Lies.. Damn Lies from Mnuchin! Dead Cat Jump for the Stocks! Key word “WAS”
Source: MarketWatch - 🏆 3. / 97 Read more »

Dow pops 100 points higher at open as chip-maker stocks score a bounce on Micron resultsU.S. stock indexes opened solidly higher Wednesday morning as equity markets attempted to rebound from the previous day's losses, as investors drew optimism...
Source: MarketWatch - 🏆 3. / 97 Read more »

Micron pops on earnings and revenue beatMicron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019. This is who
Source: CNBC - 🏆 12. / 72 Read more »