News Formal

Stocks making the biggest moves midday: Brinker International, Victoria's Secret, Flutter Entertainment and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 19 min. at publisher
  • 📊 Quality Score:
  • News: 71%
  • Publisher: 72%

Regwall-Marketmovers News

Nu Holdings Ltd,Brinker International Inc,Victoria's Secret & Co

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

Check out the companies making headlines in midday trading. Brinker International – The stock plummeted around 12% after the Chili's parent issued a weaker-than-expected profit forecast for the full year and reported disappointing fiscal fourth-quarter earnings . The company posted adjusted earnings of $1.61 per share, below the StreetAccount consensus estimate of $1.72 per share. Brinker also expects earnings per share between $4.35 and $4.

5% lower after Bloomberg News reported , citing people familiar with knowledge of the discussions, that the Department of Justice is considering breaking up the megacap tech company. If the DOJ moves forward with the plan, the company's Android operating system and Chrome browser could be targeted for divestment. Arm Holdings – The British chip designer's U.S.-listed shares popped 4.3% after Intel sold its 1.18-million stake.

 

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 ZA

South Africa South Africa Latest News, South Africa South Africa 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: Coursera, WW International, DexCom, Deckers and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Citi remains bullish on US stocks but cuts international equity riskCiti remains bullish on US stocks but cuts international equity risk
Source: Investingcom - 🏆 450. / 53 Read more »

Stocks making the biggest moves premarket: Kellanova, Alphabet, Flutter and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Alphabet, Flutter, Nu Holdings and moreEarnings results were driving several big moves in after hours trading on Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Starbucks, Chipotle, Home Depot, Tencent and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »