Shares of Target Corp. TGT, +3.95% tumbled 14.0% in premarket trading Wednesday, after the discount broadline retailer reported fiscal third-quarter profit that was well below expectations even as revenue beat, Read more
Tag: downbeat
Roku stock plunges as downbeat earnings forecast assumes ad budgets could ‘degrade’
Roku Inc. shares plummeted 16% in after-hours trading Wednesday after the streaming company topped expectations with its latest results but gave a weaker-than-anticipated outlook for the holiday quarter as economic Read more
Roku stock plunges as downbeat earnings forecast assumes ad budgets could ‘degrade’
Roku Inc. shares plummeted 19% in after-hours trading Wednesday after the streaming company topped expectations with its latest results but gave a weaker-than-anticipated outlook for the holiday quarter as economic Read more
Skechers stock sinks after earnings miss, downbeat outlook
Skechers USA Inc. shares dropped more than 10% in late trading Tuesday after the maker of sneakers missed profit expectations for its latest quarter and delivered an outlook that came Read more
RealReal blames the ‘Great Resignation Part Two’ for mixed results, downbeat outlook
Shares of RealReal Inc. fell Wednesday, after the luxury goods reseller blamed a sales labor shortfall and a shift in demand to lower-priced items for its mixed second-quarter results and Read more
Palantir stock skids as exec says downbeat forecast is ‘all the more disappointing’ given opportunities ahead
Executives at Palantir Technologies Inc. offered a lower-than-expected revenue forecast Monday as they predicted that the timing of some large government contracts will be pushed out. Palantir PLTR, -13.41% executives Read more
Coursera stock walloped after earnings in latest downbeat signal for online education
Shares of Coursera Inc. tumbled more than 26% in after-hours trading Wednesday after the company, which operates a platform for online courses, delivered a lower-than-expected revenue forecast for the year. Read more
Analysts see no lift for downbeat cannabis stocks from Chuck Schumer’s bill
An ambitious and long-awaited cannabis bill from Senate Majority Leader Chuck Schumer is unlikely to pass and will not likely stoke interest in U.S. cannabis stocks, analysts say. While the Read more
Apple stock target cut on downbeat hardware revenue outlook
The price target on Apple Inc.’s stock was lowered Tuesday at KeyBanc Capital to below the average target on Wall Street, amid signs suggesting fiscal third-quarter hardware revenue will fall Read more
Redfin stock dives after downgrade by long-time bull, downbeat home-buying deals data
Shares of Redfin Corp. took a dive Monday, after Wedbush backed away from its long-time bullish stance, just as the online real estate services company revealed data showing that home Read more