Situs Slot Gacor Slot Gacor Gampang Menang Situs Slot Gacor https://gms.dpe.go.th/mobile/public/admin/ckfinder/plugins/fileeditor/situs-judi-slot-terbaik-dan-terpercaya-no-1/ http://portalsewa.mais.gov.my/img/icons/largest/slot-online-gacor-terbaru/ https://new.c.mi.com/th/post/340006/SBOBET__Agen_Judi_Bola_Online_SBOBET88_Resmi_Indon https://new.c.mi.com/th/post/338489/SBOBET__Agen_Bola_Resmi_Layanan_Taruhan_Online_Ter https://new.c.mi.com/th/post/338479/Agen_SBOBET_Indonesia_Terpercaya__Link_Daftar_SBOB https://new.c.mi.com/th/post/338474/Situs_Judi_Bola_Online_Sbobet_dan_Agen_Bola_Terper https://new.c.mi.com/th/post/737547/SBOBET__AGEN_SBOBET_INDONESIA_LOGIN_MOBILE_ONLINE_ https://new.c.mi.com/th/post/735520/SBOBET__Link_Bandar_Sbobet88_Indonesia_Terpercaya_ https://new.c.mi.com/th/post/738763/DAFTAR_SBOBET_88_BOLA_TERMURAH_DAN_TERLENGKAP_BERS https://new.c.mi.com/th/post/735126/SBOBET_MOBILE__Daftar_Judi_Bola_Online__SBOBET88_C https://new.c.mi.com/th/post/737542/SBOBET__Daftar_Judi_Bola_Online__SBOBET88_Casino__ https://new.c.mi.com/th/post/733494/Agen_SBOBET_Indonesia_Terpercaya__Link_Daftar_SBOB
Business

Ross Stores, Carvana, Coinbase, Rent the Runway and more




Pedestrians pass in front of a GAP store in New York.

Scott Mill | CNBC

Check out the companies making headlines in the midday trade.

Ross Stores — Ross Stores jumped 1[ads1]0% after a quarterly beat on earnings and revenue. The company was also named by Credit Suisse as its top pick in the off-price retail sector. Analyst Michael Binetti raised his price target to $123 from $99. On Thursday, Ross Stores reported third-quarter earnings per share of $1.00, topping the Refinitiv estimate of 81 cents.

related investment news

Ross Stores, Carvana, Coinbase, Rent the Runway and more

CNBC Pro
BMO downgrades Target, citing persistent inventory challenges going forward

Foot Locker — Shares jumped 7% after Foot Locker reported beating expectations in its latest quarterly report and raised its full-year forecast.

caravan — Carvana fell 6% after an internal memo obtained by CNBC’s Scott Wapner said the company plans to lay off about 1,500 employees, or 8% of its workforce.

Rent the runway — Shares in Rent the Runway fell 12% after Morgan Stanley downgraded shares of the online clothing retailer to equal weight from overweight. The firm said Rent the Runway is proving to be a “more volatile” business than originally expected, pointing to a challenging path to profitability going forward.

farfetch — The stock fell 17% after Farfetch missed top- and bottom-line expectations in the latest quarter, according to FactSet consensus estimates.

Palo Alto Networks — The technology stock jumped nearly 8% after Palo Alto reported a hit to its top and bottom lines in the latest quarter, according to consensus estimates from Refinitiv. Palo Alto raised guidance slightly.

Coin base — Shares fell more than 8% after Bank of America downgraded Coinbase to neutral from buy, saying the FTX debacle raises “contagion risk” for the crypto exchange platform, even if it’s not another FTX.

Space — The retail stock jumped more than 4% after Gap reported a sales pace in its latest quarter, though it offered a cautious outlook ahead of the holiday season.

Buckle — The retailer saw its stock rise 4% after the company posted earnings. Buckle reported earnings of $1.24 per share in the third quarter, while consensus estimates called for earnings of $1.19 per share, according to FactSet.

DraftKings — DraftKings’ stock rose nearly 2% after Piper Sandler initiated coverage of the sports betting company with an overweight rating, saying shares could rise 40% from here.

RH — Shares fell more than 5% after Wedbush downgraded RH to neutral from outperform, saying there is evidence of a price correction in the luxury strategy.

Diamondback energy — The shares in the energy shares fell as a group on the back of falling oil prices. Diamondback Energy was down more than 4%, Marathon Oil was down more than 3%, Halliburton was 2% lower.

Williams-Sonoma — Shares fell nearly 7% after Williams-Sonoma declined to confirm or update its guidance through fiscal 2024. The kitchenware and other home furnishings seller beat expectations on the top and bottom lines in the latest quarter, according to consensus estimates from Refinitiv.

— CNBC’s Michelle Fox, Yun Li and Samantha Subin contributed reporting.



Source link

Back to top button