Stocks Experience Mixed Results in Recent Financial News

One sentence summary – Various stocks have experienced both gains and losses, with Nordstrom, Hawaiian Electric, and Intuit seeing declines, while Affirm, Hasbro, Workday, Gap, Marvell Technology, Ulta Beauty, AMC Entertainment, Shift4 Payments, and Netflix have seen increases.

At a glance

  • Nordstrom’s stock has dropped by 8.6% despite beating earnings and revenue expectations
  • Affirm’s shares have surged by 30% after reporting better-than-expected fiscal fourth-quarter results
  • Hawaiian Electric’s stock has plunged by 16% due to a lawsuit filed by Maui County for wildfire damages
  • Hasbro’s stock has rallied by 4.6% after receiving a price target boost from Stifel
  • Advance Auto Parts’ shares have fallen by 6.1% after being dropped from the S&P 500

The details

In recent financial news, Nordstrom’s stock has seen a significant drop of 8.6%, despite the company beating both earnings and revenue expectations.

Affirm’s shares, on the other hand, have surged by 30% after the company reported better-than-expected fiscal fourth-quarter results.

Hawaiian Electric’s stock has plunged by 16% as Maui County has sued the company for damages related to wildfires.

Hasbro’s stock has rallied by 4.6% after receiving a price target boost from Stifel.

Advance Auto Parts’ shares have fallen by 6.1% after the company was dropped from the S&P 500.

Workday’s stock has gained nearly 4.2% following stronger-than-expected second-quarter results.

Intuit’s shares have added 3.4% and reached a 52-week high after beating earnings expectations.

Gap’s stock has risen by 5.6% despite the company posting mixed quarterly results.

Marvell Technology’s shares have dropped by 7% despite slightly beating earnings expectations.

Ulta Beauty’s shares have fallen by 3% despite the company reporting better-than-expected quarterly results and raising its full-year guidance.

AMC Entertainment’s shares have fallen by 9% after the company converted preferred equity units into common stock.

Shift4 Payments’ stock has climbed by 2.1% following a Morgan Stanley upgrade.

Affirm Holdings’ stock has risen by 10.8% after the company reported better-than-expected quarterly results.

Nordstrom’s shares have fallen nearly 4% despite the company reporting an earnings and revenue beat in the second quarter.

Gap’s shares have risen almost 2% despite the company posting a mixed quarterly report, with revenue missing expectations.

Marvell Tech’s shares have tumbled over 5% despite the company beating Wall Street’s estimates for quarterly results.

Ulta Beauty’s shares have gained over 2% after the company reported better-than-expected second-quarter results and raised its full-year forecast.

Intuit’s shares have fallen over 2% despite the company reporting fiscal fourth-quarter earnings that beat expectations.

Workday’s stock has jumped by 4% after the company beat expectations for the second quarter and raised its fiscal 2024 subscription revenue forecast.

Marvell Technology’s shares have fallen over 3% despite the company beating Wall Street’s expectations for the recent quarter.

Affirm’s stock has risen nearly 7% before the bell after the company reported stronger-than-expected fiscal fourth-quarter results and first-quarter revenue guidance.

Hawaiian Electric’s shares have tumbled by 20% following news that Maui County is suing the utility company for damages over wildfires on the island.

Nordstrom’s stock has lost 3.6% before the bell, despite the company surpassing Wall Street’s quarterly earnings and revenue expectations.

Workday’s shares have risen by 3% in premarket trading after the company reported better-than-expected results for the second quarter.

Intuit’s stock has fallen by 1.2% before the bell, despite the company beating quarterly expectations, due to a mixed outlook.

Ulta Beauty’s stock has risen nearly 1% after the company reported second-quarter results that exceeded analysts’ expectations.

Gap’s shares have gained 1.8% after the company posted mixed quarterly results, with adjusted earnings per share beating expectations but revenue falling short.

AMC Entertainment’s shares have risen nearly 1% ahead of an anticipated stock conversion.

Netflix’s stock has risen by 0.7% after being upgraded to buy from hold by Loop Capital, with an increased price target.

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cnbc.com
– Nordstrom’s stock sank 8.6% despite beating earnings and revenue expectations.
– Affirm’s shares surged 30% after reporting better-than-expected fiscal fourth-quarter results.
– Hawaiian Electric’s stock plunged 16% as Maui County sued the company for damages related to wildfires.
– Hasbro’s stock rallied 4.6% after receiving a price target boost from Stifel.
– Advance Auto Parts’ shares fell 6.1% after being dropped from the S&P 500.
– Workday’s stock gained nearly 4.2% following stronger-than-expected second-quarter results.
– Intuit’s shares added 3.4% and reached a 52-week high after beating earnings expectations.
– Gap’s stock rose 5.6% despite posting mixed quarterly results.
– Marvell Technology’s shares dropped 7% despite slightly beating earnings expectations.
– Ulta Beauty’s shares fell 3% despite reporting better-than-expected quarterly results and raising its full-year guidance.
– AMC Entertainment’s shares fell 9% after converting preferred equity units into common stock.
– Shift4 Payments’ stock climbed 2.1% following a Morgan Stanley upgrade.
cnbc.com
– Affirm Holdings stock rose 10.8% after reporting better-than-expected quarterly results.
– Nordstrom shares fell nearly 4% despite reporting an earnings and revenue beat in the second quarter.
– Gap shares rose almost 2% despite a mixed quarterly report, with revenue missing expectations.
– Marvell Tech shares tumbled over 5% despite beating Wall Street’s estimates for quarterly results.
– Ulta Beauty shares gained over 2% after reporting better-than-expected second-quarter results and raising its full-year forecast.
– Intuit shares fell over 2% despite reporting fiscal fourth-quarter earnings that beat expectations.
– Workday’s stock jumped 4% after beating expectations for the second quarter and raising its fiscal 2024 subscription revenue forecast.
cnbc.com
– Marvell Technology’s shares fell over 3% despite beating Wall Street’s expectations for the recent quarter.
– Affirm’s stock rose nearly 7% before the bell after reporting stronger-than-expected fiscal fourth-quarter results and first-quarter revenue guidance.
– Hawaiian Electric’s shares tumbled 20% following news that Maui County is suing the utility company for damages over wildfires on the island.
– Nordstrom lost 3.6% before the bell, despite surpassing Wall Street’s quarterly earnings and revenue expectations.
– Workday’s shares rose 3% in premarket trading after reporting better-than-expected results for the second quarter.
– Intuit’s stock fell 1.2% before the bell, despite beating quarterly expectations, due to a mixed outlook.
– Ulta Beauty’s stock rose nearly 1% after reporting second-quarter results that exceeded analysts’ expectations.
– Gap shares gained 1.8% after posting mixed quarterly results, with adjusted earnings per share beating expectations but revenue falling short.
– AMC Entertainment shares rose nearly 1% ahead of an anticipated stock conversion.
– Netflix rose 0.7% after being upgraded to buy from hold by Loop Capital, with an increased price target.

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