AbbVie (ABBV) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-09-26 06:50
In the latest market close, AbbVie (ABBV) reached $191.26, with a -1.16% movement compared to the previous day. The stock's performance was behind the S&P 500's daily loss of 0.19%. Meanwhile, the Dow experienced a drop of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.04%.Coming into today, shares of the drugmaker had lost 1.23% in the past month. In that same time, the Medical sector lost 1.58%, while the S&P 500 gained 1.95%.The investment community will be paying close attention to the e ...
Why the Market Dipped But Palantir Technologies Inc. (PLTR) Gained Today
ZACKS· 2024-09-26 06:50
In the latest market close, Palantir Technologies Inc. (PLTR) reached $37.12, with a +0.6% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.19%. Meanwhile, the Dow lost 0.7%, and the Nasdaq, a tech-heavy index, added 0.04%.The the stock of company has risen by 19.65% in the past month, leading the Business Services sector's gain of 4.37% and the S&P 500's gain of 1.95%.The investment community will be closely monitoring the performance of Palantir ...
Royal Caribbean (RCL) Declines More Than Market: Some Information for Investors
ZACKS· 2024-09-26 06:50
Royal Caribbean (RCL) closed the latest trading day at $177.41, indicating a -1.24% change from the previous session's end. This change lagged the S&P 500's daily loss of 0.19%. Meanwhile, the Dow experienced a drop of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.04%.The cruise operator's stock has climbed by 6.28% in the past month, exceeding the Consumer Discretionary sector's gain of 3.53% and the S&P 500's gain of 1.95%.Analysts and investors alike will be keeping a close eye on the pe ...
ASML (ASML) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-09-26 06:50
In the latest trading session, ASML (ASML) closed at $818.18, marking a +0.51% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the Dow saw a downswing of 0.7%, while the tech-heavy Nasdaq appreciated by 0.04%.Coming into today, shares of the equipment supplier to semiconductor makers had lost 8.53% in the past month. In that same time, the Computer and Technology sector gained 0.73%, while the S&P 500 gained 1.95%.The investment community wi ...
Lightspeed Commerce Responds to Media Reports
Prnewswire· 2024-09-26 06:50
MONTREAL, Sept. 25, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed" or the "Company"), today issued the following statement:While it is the long-standing policy of Lightspeed not to comment on market rumors, the Company notes the recent media reports concerning a potential transaction involving the Company.Lightspeed periodically undertakes, and is currently conducting, a strategic review of its business and operations with a view to realizing its full potential. In this ...
Why Masimo Stock Crushed the Market Today
The Motley Fool· 2024-09-26 06:45
The company seems to be effecting a smooth transition in its leadership.Medical tech company Masimo (MASI 6.01%) had some significant C-suite news to report on Wednesday, and investors clearly welcomed this. They collectively pushed the company's stock up by 6% across the day, which made the shares stand out as the S&P 500 index sagged marginally during that trading session.Interim CEO namedMasimo announced that its CEO Joe Kiani informed the board of directors that he has stepped down from his post. He was ...
Micron Q4: HBM Growth Continues In 2025, Upgrade To Strong Buy
Seeking Alpha· 2024-09-26 06:32
Analyst’s Disclosure: I/we have a beneficial long position in the shares of MU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any inv ...
Here's What Key Metrics Tell Us About H. B. Fuller (FUL) Q3 Earnings
ZACKS· 2024-09-26 06:31
For the quarter ended August 2024, H. B. Fuller (FUL) reported revenue of $917.93 million, up 1.9% over the same period last year. EPS came in at $1.13, compared to $1.06 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $958.61 million, representing a surprise of -4.24%. The company delivered an EPS surprise of -8.87%, with the consensus EPS estimate being $1.24.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...
Jefferies (JEF) Q3 Earnings and Revenues Miss Estimates
ZACKS· 2024-09-26 06:31
Jefferies (JEF) came out with quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.25%. A quarter ago, it was expected that this investment banking and capital markets company would post earnings of $0.63 per share when it actually produced earnings of $0.67, delivering a surprise of 6.35%.Over the l ...
Why Cipher Mining Stock Rocketed 12% Higher on Wednesday
The Motley Fool· 2024-09-26 06:30
News of a facility acquisition inspired several analysts to wax positive about the company.Two new and glowing analyst takes on the future of Cipher Mining (CIFR 12.21%) were the news items that pushed the company's stock well higher on Wednesday. The Bitcoin miner's share price ballooned by more than 12% during the session, a far better performance than the S&P 500 index's 0.2% slump on the day.Acquisition news fuels optimismThe pair of fresh takes came on the back of news that Cipher Mining had closed its ...