Trading Concept
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Trading Concept
No Result
View All Result
Home Trading News

Stocks making the biggest moves in the premarket: Best Buy, Zoom Video, Urban Outfitters and more

by
November 23, 2021
in Trading News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Take a look at some of the biggest movers in the premarket:

Best Buy (BBY) – The electronics retailer’s shares tumbled 10.4% in the premarket, after it forecast holiday season comparable sales largely below Wall Street forecasts as it faces possible product shortages. Best Buy reported a quarterly beat on the top and bottom lines, however, with a profit of $2.08 per share coming in 17 cents a share above estimates.

RELATED POSTS

Nvidia and 5 Other Stocks at High Risk for Short Selling

Stock Market Rally Signals It’s No Bear Run; Tesla CEO Elon Musk Not Liable For ‘Funding Secured’ Tweets

Zoom Video (ZM) – Zoom beat estimates by 2 cents a share, with quarterly profit of $1.11 per share. Revenue also topped Street forecasts and Zoom raised its full-year guidance. The return of many workers to offices is slowing sales growth, however, and the stock tumbled 9.6% in premarket trading.

Urban Outfitters (URBN) – Urban Outfitters earned 89 cents per share for its latest quarter, 5 cents a share above estimates. Revenue came in very slightly above analysts’ projections. The apparel retailer’s stock is getting hit hard, however, as a shift to more online sales increases costs for the company, and the stock slumped 11.5% in premarket action.

Dick’s Sporting Goods (DKS) – The sporting goods retailer earned $3.19 per share for the third quarter, well above the $1.97 a share consensus estimate. Revenue also beat forecasts, and a comparable-store sales increase of 12.2% was substantially better than the 1.9% consensus estimate from StreetAccount. The stock added 1% in premarket action.

Abercrombie & Fitch (ANF) – The apparel retailer beat estimates by 20 cents a share, with adjusted earnings of 86 cents per share. Revenue also topped forecasts. Abercrombie’s profit margin dropped by 30 basis points. Its shares fell 3.8% in the premarket.

Dollar Tree (DLTR) – Dollar Tree matched estimates with quarterly profit of 96 cents per share. The discount retailer’s revenue came in slightly above estimates. Dollar Tree’s freight costs during the quarter were significantly higher than expected, and its stock fell 1.4% in premarket trading.

Medtronic (MDT) – Medtronic reported a mixed quarter, with revenue falling below Street forecasts. The medical device maker’s profit beat forecasts by 3 cents a share, with earnings of $1.32 per share. Medtronic also lowered its full-year outlook, citing the Covid-19 resurgence and health-care staffing challenges.

J.M. Smucker (SJM) – The food producer reported quarterly earnings of $2.43 per share, beating the $2.05 a share consensus estimate. Revenue also beat forecasts and Smucker raised its full-year forecast amid strong consumer demand for its flagship brand as well as Jif, Folgers and Milk-Bone. Smucker rose 1.2% in the premarket.

Xpeng (XPEV) – Xpeng jumped 3% in the premarket after the China-based electric vehicle maker reported a wider-than-expected quarterly loss, but also saw revenue come in well above estimates while issuing an upbeat current-quarter outlook.

Agilent Technologies (A) – Agilent came in 3 cents a share ahead of Street forecasts, with quarterly earnings of $1.21 per share. The life sciences company’s revenue was in line with estimates. Agilent saw particular strength during the quarter from its diagnostics and genomic unit. The company also issued an outlook that falls partially below analysts’ estimates, however, prompting a 4.2% premarket drop in the shares.

ShareTweetPin

Related Posts

Nvidia and 5 Other Stocks at High Risk for Short Selling

by
February 4, 2023
0

Nvidia and 5 Other Stocks at High Risk for Short Selling | Barron's Stocks have rallied in recent months, with...

Stock Market Rally Signals It’s No Bear Run; Tesla CEO Elon Musk Not Liable For ‘Funding Secured’ Tweets

by
February 4, 2023
0

Post Content

Some Medicare beneficiaries are surprised with premium surcharges, which can triple premiums. Here’s how to appeal and avoid them

by
February 4, 2023
0

S&P 500 4,136.48 -43.28(-1.04%)   Dow 30 33,926.01 -127.93(-0.38%)   Nasdaq 12,006.96 -193.86(-1.59%)   Russell 2000 1,985.53 -15.69(-0.78%)   Crude...

COVID Feb 3, 2023: Update on Cases, Hospitalizations and Deaths

by
February 4, 2023
0

by Calculated Risk on 2/03/2023 09:24:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. On...

J.P. Morgan Pounds the Table on These 2 Reliable Dividend Stocks

by
February 4, 2023
0

S&P 500 4,136.48 -43.28(-1.04%)   Dow 30 33,926.01 -127.93(-0.38%)   Nasdaq 12,006.96 -193.86(-1.59%)   Russell 2000 1,985.53 -15.69(-0.78%)   Crude...

Next Post

U.S. to release oil from reserves in coordination with other countries to lower gas prices

Dick's Sporting Goods crushes earnings and raises full-year outlook

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • WHO says Covid vaccine booster programs will prolong pandemic

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Spin or Split? AT&T Has a Big Decision to Make on Discovery Stake.

    0 shares
    Share 0 Tweet 0
  • Here’s how Carl Icahn is positioning for a possible recession in America

    0 shares
    Share 0 Tweet 0
  • Some lawmakers and their families are betting thousands of dollars on crypto

    0 shares
    Share 0 Tweet 0
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by tradingconcept.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.tradingconcept.net