Abercrombie & Fitch Slides, Wix Rises, Moderna Rallies

Abercrombie & Fitch Slides, Wix Rises, Moderna Rallies

Today’s biggest winners and losers in the stock market.

On this episode of Stock Movers:

-Abercrombie & Fitch (ANF) shares fell as much as 9.4%, the most intraday since Jan. 12, after the apparel retailer’s forecast for first quarter net sales growth and profits trailed the consensus estimates. Fourth quarter comparable sales performance also missed expectations, with Hollister growth failing to reach expectations.

-Wix (WIX) shares rose as analysts pointed to signs of positive momentum, especially at its AI-powered platform Base44. However, they also noted that the results were mixed and flag that investments being made by the company will weigh on margins.

- Moderna (MRNA) agreed to pay $950 million to settle litigation related to the delivery technology behind its Covid shot, removing a looming financial risk for the struggling vaccine maker. The company has settled all litigation worldwide with Arbutus Biopharma Corp. and Genevant Sciences GmbH over its existing and future vaccines, with no future royalties owed. Investors cheered Moderna’s decision to put the case behind it and a lower settlement than feared. The company’s shares rose in Wednesday trading.

See omnystudio.com/listener for privacy information.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(2201)

Ralph Lauren CEO Sells Shares, Oxford Downgraded, Argan Beats

Ralph Lauren CEO Sells Shares, Oxford Downgraded, Argan Beats

On this episode of Stock Movers: - Ralph Lauren Corp's (RL) shares slid after President and CEO Patrice Louvet reported a series of insider stock transactions to the US Securities and Exchange Commiss...

28 Mar 20253min

Lululemon Plunges, Nippon Steel Slumps, US Steel Gains

Lululemon Plunges, Nippon Steel Slumps, US Steel Gains

On this episode of Stock Movers: - Lululemon Athletica Inc. shares dropped after the yogawear brand delivered a disappointing outlook for the year and voiced concerns about consumer spending in the US...

28 Mar 20256min

Outlook Sends Lulu Lower, US Steel Rises on Deal Hopes, Rocket Lab Surges

Outlook Sends Lulu Lower, US Steel Rises on Deal Hopes, Rocket Lab Surges

On this episode of Stock Movers: - Lululemon (LULU) declined this morning after the yogawear brand delivered a disappointing outlook for the year and voiced concerns about consumer spending in the US....

28 Mar 20254min

US Steel Surges on Deal Revival, Meta and Apple Drop on Incoming Fine

US Steel Surges on Deal Revival, Meta and Apple Drop on Incoming Fine

On this episode of Stock Movers: - Apple (APPL) shares are lower this morning in anticipation of minimal fines set to be imposed by the EU Monday on Apple and Meta under its Digital Markets Act. It se...

28 Mar 20253min

Banking Stocks, Barclays Fuels Ferrari, Sportswear Sinks

Banking Stocks, Barclays Fuels Ferrari, Sportswear Sinks

On this episode of Stock Movers:- The rally in European banking stocks shows few signs of cooling down after another stellar quarter. The Stoxx 600 Banks Index has surged 25% this year, its best three...

28 Mar 20255min

GM, Ford & Stellantis Slump on Tariffs, Gamestop Sinks on Bitcoin Plan

GM, Ford & Stellantis Slump on Tariffs, Gamestop Sinks on Bitcoin Plan

On this episode of Stock Movers:- General Motors (GM), Ford (F), and Stellantis (STLAM IM) are among big auto companies on the move after President Donald Trump signed a proclamation to implement a 25...

27 Mar 20255min

Ford Drops on Auto Tariffs, 23andMe Shares Surge and Gamestop Drops

Ford Drops on Auto Tariffs, 23andMe Shares Surge and Gamestop Drops

On this episode of Stock Movers:- Ford (F) is lower today following President Trump's announcement on auto tariffs. Trump signed a proclamation to implement a 25% tariff on auto imports, aiming to bri...

27 Mar 20253min

AMD Slips after Downgrade, Jefferies Earnings Miss, GM Drops on Auto Tariffs

AMD Slips after Downgrade, Jefferies Earnings Miss, GM Drops on Auto Tariffs

On this episode of Stock Movers: - Advanced Micro Devices (AMD) shares fell this morning in premarket after the chipmaker was downgraded to hold from buy at Jefferies, with analysts citing limited tra...

27 Mar 20253min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
forklart
aftenpodden-usa
popradet
stopp-verden
fotballpodden-2
nokon-ma-ga
det-store-bildet
dine-penger-pengeradet
rss-gukild-johaug
hanna-de-heldige
rss-espen-lee-usensurert
lydartikler-fra-aftenposten
rss-ness
aftenbla-bla
rss-dannet-uten-piano
e24-podden
rss-utenrikskomiteen-med-bogen-og-grasvik
rss-gilbrantsuvatne