Pfizer (PFE) ended last week on a sour note, announcing after the market closed on Friday that it will cut $9 billion from its sales outlook. And yet, the stock is up more than 5% so far in Monday morning’s trading session. The full-year EPS has been adjusted to $1.45 to $1.65 on revenue [...]
By Leslie N. Masonson, MBA Virco Mfg. Corp (VIRC) is a Nasdaq-listed firm headquartered and incorporated in Torrance, California in 1950 with 800 employees. The company’s main business produces, designs and sells its wide array of furniture in the United States, including specialty chairs and stools, rockers, stacked chairs and ergonomic seats. Moreover, it [...]
Shares of Dollar General (DG) have fallen more than 11% in the last month, but things started to turn around this Friday morning. The company reported that CEO Todd Vasos would return to the helm and shares jumped 10%. This is the biggest single-day jump since May of 2022. This came after the previous [...]
Shares of Domino’s Pizza (DPZ) are up nearly 3% in Thursday morning’s trading session after the company reported massive profit growth that exceeded analyst expectations for the third quarter. Earnings per share came in at $4.18 compared to just $3.31 that analysts were looking for. However, revenue of $1.03 billion was a step backward [...]
Rivian Automotive (RIVN) got an upgrade Tuesday from UBS analyst Joseph Spak. He moved his position on the stock from hold to buy, and yet he lowered his price target from $26 to $24. This came after the company raised a whopping $1.5 billion on October 5 - something that caught investors and Wall [...]
Beverage and snack giant PepsiCo Inc. (PEP) is trading marginally higher in Tuesday morning’s session after the company reported third-quarter earnings that beat the analyst consensus. The company grew revenue from $21.971 billion to $23.453 billion while surpassing the FactSet consensus of $23.413 billion. The bottom line grew too, though. Net income climbed to [...]
Shares of Arm Holdings PLC (ARM) are up 3% in Monday morning’s trading session after news hit that the bulls love this stock. In fact, some analysts see as much as a 57% upside potential in the stock. The company, which specializes in chip design, is trading only 6% above its IPO price. That [...]
By Leslie N. Masonson, MBA LuxUrban Hotels Inc. (LUXH) is a Nasdaq-listed firm headquartered in Miami, Florida, with a short lifespan, as it came to market as an IPO on August 12, 2022. LuxUrban caught my eye on October 4 while I was checking out the Stock Viewer, as it was the top-ranked stock [...]
Shares of Levi Strauss (LEVI) are trading lower in Friday's pre-market trading session after the clothing manufacturer delivered lackluster third-quarter earnings coupled with an unoptimistic full-year outlook. The company saw weakened consumer spending for the quarter which led to a 1% drop in sales to $1.51 billion. This fell short of the Wall Street [...]
Shares of ConAgra (CAG) are down a few percentage points in pre-market trading this Thursday morning after the food brands company reported a mixed bag for its fiscal first-quarter earnings. The parent company of brands like Slim Jim, Hunt’s Duncan Hines, and more reported a profit of $319.7 million, or 67 cents a share. [...]
