• Home
  • Contact Us
  • Privacy & Policy
Wednesday, May 25, 2022
Finances Advise
No Result
View All Result
  • Home
  • Business
  • Commodities
  • Crypto News
    • Block chain
    • Bitcoin
    • Ethereum
    • Litecoin
  • Finance
    • Financial Advisors
    • Personal Finance
    • Market Insider
  • Forex
  • Investing
  • Stocks
  • ICOs
  • Trading
  • Home
  • Business
  • Commodities
  • Crypto News
    • Block chain
    • Bitcoin
    • Ethereum
    • Litecoin
  • Finance
    • Financial Advisors
    • Personal Finance
    • Market Insider
  • Forex
  • Investing
  • Stocks
  • ICOs
  • Trading
No Result
View All Result
Finances Advise
No Result
View All Result
Home Market Insider

Lands’ End, CrowdStrike, Plug Power & more

by admin
March 29, 2021
in Market Insider
0
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


Take a look at some of the biggest movers in the premarket:

Lands’ End (LE) – The apparel retailer reported quarterly earnings of 60 cents per share, topping the 56 cents a share consensus estimate. Revenue also topped analysts’ forecasts. Lands’ End forecast a smaller-than-expected loss for the current quarter and full-year earnings that exceed consensus. Its shares jumped 6.7% in premarket trading.

Lennar (LEN) – Lennar reported quarterly earnings of $2.04 per share, beating the consensus estimate of $1.71 a share. The homebuilder’s revenue beat estimates as well, helped by low interest rates and solid demand. The company said that demand remains strong despite a recent rise in rates. Lennar added 1% in the premarket.

Coupa Software (COUP) – Coupa earned 17 cents per share for its latest quarter, compared to expectations of an 11 cents per share loss. The provider of financial management software’s revenue came in above forecasts, in spite of what the company calls a difficult macroeconomic environment. Coupa shares rose 2% in premarket trading.

CrowdStrike (CRWD) – CrowdStrike beat estimates by 5 cents a share, with quarterly earnings of 13 cents per share. Revenue came in above estimates as well. The security software company also issued an upbeat outlook. Its shares gained 4.9% in premarket action.

Uber Technologies (UBER) – Uber will grant its U.K. drivers employment status that will entitle them to vacation pay and pension contributions, after the ride-hailing service lost its final appeal of a case involving driver classification. Uber shares fell 1.6% in premarket trading.

Plug Power (PLUG) – Plug Power shares plunged 18.6% in the premarket after it said it will restate its financial results for 2018 and 2019, as well as some recent quarterly filings. The maker of fuel cells said it detected errors in how it accounted for a variety of non-cash items, but added that it did not find any misconduct.

Coherent (COHR) – The laser maker said it had received a revised takeover bid from optical components maker Lumentum (LITE) for $6.9 billion in cash and stock. This is the eighth bid for Coherent in a takeover contest involving Lumentum, II-VI (IIVI) and MKS Instruments (MKSI). Coherent’s stock jumped 3.7% in premarket trading.

Pinduoduo (PDD) – The China-based e-commerce company reported a 146% surge in quarterly revenue that beat analysts’ estimates. Pinduoduo also overtook Alibaba (BABA) as China’s largest e-commerce company, with 788.4 million active users in 2020 compared to Alibaba’s 779 million. Its stock initially surged in the premarket on the news, but then fell 5.8%.

Baidu (BIDU) – Baidu is set to raise about $3.1 billion from the China-based internet search company’s Hong Kong listing, according to people with direct knowledge of the matter who spoke to Reuters. Baidu had previously been expected to raise about $3 billion from the listing. Baidu shares fell 1.9% in the premarket.

Micron Technology (MU) – Micron plans to sell a Utah chip factory that made a type of memory chip called 3D Xpoint, which it jointly developed with Intel (INTC) in 2012. It plans to exit the 3D Xpoint market due to low demand from customers.

Catalent (CTLT) – Catalent plans a major expansion of Covid-19 vaccine production in Europe, according to people familiar with the matter who spoke to The Wall Street Journal. The contract drug manufacturer will double production of Johnson & Johnson’s (JNJ) vaccine by starting a new production line at an Italian plant during the fourth quarter.

FirstEnergy (FE) – First Energy confirmed that the utility had struck a deal with activist investor Carl Icahn, giving him two seats on the board and avoiding a potential proxy fight. The agreement had earlier been reported by The Wall Street Journal. FirstEnergy rose 1.4% in premarket trading.



Source link

Tags: CrowdStrikeLandsPlugPower
  • Trending
  • Comments
  • Latest

A 48-year market vet warns that the Fed will be forced to tighten policy ‘way sooner’ than investors anticipate as inflation continues to soar — triggering a stock market crash of up to 80%

August 28, 2021
27-year-old UG graduate now millionaire proposes to girlfriend on b’day in video

27-year-old UG graduate now millionaire proposes to girlfriend on b’day in video

August 9, 2021

‘It’s begging to be destroyed’: A stock trader who says he made more than $100,000 shorting the market during the 2008 crash just bet against the S&P 500 — and warns there’s a ‘fair chance’ stocks are about to drop 25%

September 11, 2021

Stocks tanked in the first quarter, and new research shows there should be a reversal by the end of June

April 15, 2022

Crypto Billionaire Says He May Shell Out $1 Billion On The 2024 U.S. Election | Bitcoinist.com

0

Uber Hacking: Customers Not at Risk of Financial Crime, Says Minister

0

Black Friday Merchants Look to Extend Moment of Retail Optimism

0

Hotshot Snapchat Founders Face a Dilemma: Lie Low or Live Large?

0

Crypto Billionaire Says He May Shell Out $1 Billion On The 2024 U.S. Election | Bitcoinist.com

May 25, 2022

Wormhole Bridge Expands to Cosmos Ecosystem

May 25, 2022

Large employers face tough hurdles to provide abortion benefits if Roe is overturned

May 25, 2022

Try these gas-saving tips before hitting the road this Memorial Day weekend

May 25, 2022

Recent News

Crypto Billionaire Says He May Shell Out $1 Billion On The 2024 U.S. Election | Bitcoinist.com

May 25, 2022

Wormhole Bridge Expands to Cosmos Ecosystem

May 25, 2022

Categories

  • Bitcoin
  • Block chain
  • Business
  • Commodities
  • Ethereum
  • Financial Advisors
  • Forex
  • Investing
  • Litecoin
  • Market Insider
  • Personal Finance
  • Stocks

Site Navigation

  • Home
  • Contact Us
  • Privacy & Policy

We bring the Best and latest Crypto News

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Business
  • Commodities
  • Crypto News
    • Block chain
    • Bitcoin
    • Ethereum
    • Litecoin
  • Finance
    • Financial Advisors
    • Personal Finance
    • Market Insider
  • Forex
  • Investing
  • Stocks
  • ICOs
  • Trading

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.