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.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(2198)

Tesla Bounces Back, Meta Gains on AI, General Mills Suffers Downgrade

Tesla Bounces Back, Meta Gains on AI, General Mills Suffers Downgrade

On this episode of Stock Movers: - Tesla shares are higher in the premarket on Monday as retail investors buy into the stock. As of last week, individual investors have been net buyers of Tesla share...

24 Mars 20254min

SAP Dethrones Novo, RWE Gains on Elliott Interest, Thales Rises

SAP Dethrones Novo, RWE Gains on Elliott Interest, Thales Rises

On this episode of Stock Movers: - SAP claimed the title of Europe’s most valuable public company, replacing Danish weight-loss drug maker Novo Nordisk. Shares of SAP, which have been powered by growi...

24 Mars 20254min

Boeing, FedEx, Nike

Boeing, FedEx, Nike

On this episode of Stock Movers:- Boeing won a contract to design and build the US’s next-generation stealth fighter jet, beating out rival Lockheed Martin for the multibillion dollar program aimed at...

21 Mars 20255min

Nike, FedEx, Luminar

Nike, FedEx, Luminar

On this episode of Stock Movers: - Nike’s turnaround effort is hitting snags as the company tries to clear out old inventory while feeling the effects of a growing trade war.Shares fell in trading Fri...

21 Mars 20254min

IAG, FedEx, Nike

IAG, FedEx, Nike

On this episode of Stock Movers: - International Consolidated Airlines Group shares fall as much as 4.3% after British Airways hub Heathrow Airport was forced to close all day Friday after a nearby fi...

21 Mars 20255min

FedEx, Nike, Micron

FedEx, Nike, Micron

On this episode of Stock Movers: - FedEx shares slipped after lowering its full-year guidance for the third consecutive quarter due to inflation and uncertain demand for shipments. The company cited ...

21 Mars 20253min

IAG, Douglas, Wetherspoon

IAG, Douglas, Wetherspoon

On this episode of Stock Movers: - London’s Heathrow airport will close all day Friday after a nearby fire caused a major power outage, throwing one of the world’s busiest airports and the travel plan...

21 Mars 20254min

Accenture, Darden, QXO

Accenture, Darden, QXO

On this episode of Stock Movers: - Accenture shares tumbled after the consultancy said its US government work has slowed amid Elon Musk’s cost-cutting push. The company, with nearly 800,000 employees ...

20 Mars 20254min

Populärt inom Politik & nyheter

aftonbladet-krim
p3-krim
aftonbladet-daily
politiken
motiv
rss-krimstad
flashback-forever
svenska-fall
spar
rss-sanning-konsekvens
rss-krimreportrarna
rss-vad-fan-hande
kungligt
rss-aftonbladet-krim
rss-frandfors-horna
rss-flodet
blenda-2
olyckan-inifran
svd-ledarredaktionen
krimmagasinet