• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Three Treatment Options To Consider

May 9, 2025

Microsoft Bans Employees From Using ‘Chinese Propaganda’ Chatbot

May 9, 2025

How Smart Mattresses Improve Sleep Quality For Couples

May 9, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Sunday, May 11
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    Microsoft Bans Employees From Using ‘Chinese Propaganda’ Chatbot

    May 9, 2025

    OpenAI CEO Warns: ‘Not A Huge Amount Of Time’ Until China Overpowers American AI

    May 9, 2025

    Trump Announces First Post-Tariff Trade Deal

    May 8, 2025

    Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

    May 7, 2025

    Tyson Foods Announces It Will Bend The Knee To Trump Admin’s New Rules

    May 7, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Stocks making the biggest moves midday: LULU, S, MDB
Finance

Stocks making the biggest moves midday: LULU, S, MDB

June 2, 2023No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Stocks making the biggest moves midday: LULU, S, MDB
Share
Facebook Twitter LinkedIn Pinterest Email

A boarded up T-Mobile location in New York, after looting occurred the previous night, June 2, 2020.

Dan Magan | CNBC

Check out the companies making headlines in midday trading.

Lululemon — The athleisure apparel company rallied 12% on strong fiscal first-quarter earnings results. The company posted a top- and bottom-line beat and a 24% year-over-year increase in sales. Lululemon also raised its guidance for the full year.

Wireless phone providers, Amazon — Shares of wireless phone service providers struggled after a report from Bloomberg News that Amazon is weighing offering wireless service to Prime members. Amazon later said in a statement it’s not planning to add wireless “at this time.” Shares of AT&T and Verizon fell more than 3% each, while T-Mobile lost 7.2%. Amazon traded 1.8% higher, while Dish Network popped 19%.

MongoDB — Shares of the data developer rocketed 27% after the company forecast strong fiscal first-quarter earnings and boosted its full-year guidance. MongoDB also surpassed Wall Street’s estimates for the recent quarter, with adjusted earnings coming in at 56 cents per share, nearly three times the Refinitiv consensus estimate of 19 cents per share.

SentinelOne — The cybersecurity stock sank more than 36% after SentinelOne’s revenue fell short of expectations. SentinelOne posted revenue of $133.4 million, below a FactSet forecast of $136.6 million. The company cited macroeconomic pressure as a contributor to slowing sales growth in a shareholder letter and cut its full-year revenue guidance.

Broadcom — Shares of the chipmaker added 2.8% in midday trading on the back of better-than-expected quarterly results. Broadcom earned $10.32 per share on revenue of $8.73 billion. Analysts expected a profit of $10.08 per share on revenue of $8.71 billion. Bank of America also reiterated a buy rating on the stock and raised its price target, citing an undervalued artificial intelligence segment.

See also  Stocks making the biggest moves after hours: CRM, OKTA, CRWD, FIVE

Dupont de Nemours — The chemicals products stock added 8% after DuPont reached a settlement with the U.S. Water Systems to rectify PFAS-related claims in drinking water. PFAS stands for per- and polyfluoroalkyl substances. Chemours Co. and Corteva, also involved in the settlement, rose 23% and 3.5%, respectively.

Zscaler — Zscaler shares gained 7% on fiscal third-quarter results that beat Wall Street’s expectations and better-than-expected guidance. Earnings per share came in at 48 cents, 6 cents above a Refinitiv consensus.

Five Below — The value retailer’s shares jumped 6% following a mixed earnings report for the previous quarter. Bank of America reiterated its buy rating on Five Below shares in a Friday note, citing the company’s “recession resilience.”

The Trade Desk — The online ad company saw its shares jump over 3.7% after a Morgan Stanley upgrade to overweight from equal weight. The bank said The Trade Desk is a top pick poised to thrive in a stabilizing market for sales. Its $90 price target represents a more than 20% upside for the stock.

PagerDuty — Shares slumped 17% after the IT cloud company issued second-quarter revenue guidance that missed expectations. PagerDuty sees revenue for the quarter as high as $105.5 million. Analysts polled by StreetAccount expected guidance around $108 million.

Dell — The tech stock climbed more than 3% after the company posted quarterly earnings and revenue that beat Wall Street expectations. Dell posted a profit of $1.31 per share for the latest quarter, beating a Refinitiv estimate of 86 cents. Revenue of $20.92 billion also came in higher than an estimate of $20.27 billion.

See also  Why Indonesia Should be Cautious in Extending its High-Speed Railway

Samsara — The cloud company popped 30% after reporting a smaller-than-expected first-quarter loss and lifting its full-year sales guidance. Samsara reported a loss of 2 cents a share on $204.3 million in revenue. That’s above the expected loss of 5 cents a share and $191.9 million in revenue, according to FactSet.

FibroGen — Shares rose 6.2% following an upgrade to buy from hold by Stifel. The firm said the company is focused on the development of two potentially “first-in-class” drugs.

Ginkgo Bioworks — The biotech stock dropped 6.7% on the back of a downgrade to sell from neutral by Goldman Sachs. Goldman said the company could see slower growth in new programs given the macro environment and cooling spending.

— CNBC’s Yun Li, Hakyung Kim, Brian Evans and Alex Harring contributed reporting.

Biggest LULU Making MDB midday Moves Stocks
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘They Came With Their A Game’: Donald Trump, Scott Bessent Reveal Which Country Could Be Close To Making Trade Deal

April 24, 2025

Ending China’s De Minimis Exception Brings 3 Benefits for Americans

April 17, 2025

The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

April 17, 2025

Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

April 17, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

The Cure Forced Ticketmaster to Refund Portion of Outrageous Fees

March 25, 2023

‘I Didn’t Even Have A Chance’: Famous Actress Reveals The ‘Candid’ Comment Which Got Her Fired

May 21, 2023

Decarbonisation in mining still a long way off

September 7, 2023

Crash at Border Patrol Highway Checkpoint in Texas Seriously Injures Agent, Civilian Motorist

June 30, 2023
Don't Miss

Three Treatment Options To Consider

Lifestyle May 9, 2025

The most common cause of hair loss in men is male androgenetic alopecia (MAA), otherwise…

Microsoft Bans Employees From Using ‘Chinese Propaganda’ Chatbot

May 9, 2025

How Smart Mattresses Improve Sleep Quality For Couples

May 9, 2025

OpenAI CEO Warns: ‘Not A Huge Amount Of Time’ Until China Overpowers American AI

May 9, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,112)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,629)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Lionsgate suspends advertising on X

November 18, 2023

The Hidden Lifeline for Afghans: Remittances

January 8, 2025

Hamas Terrorism ‘Cannot Justify’ Israel’s Bombing of Gaza

October 30, 2023
Popular Posts

Three Treatment Options To Consider

May 9, 2025

Microsoft Bans Employees From Using ‘Chinese Propaganda’ Chatbot

May 9, 2025

How Smart Mattresses Improve Sleep Quality For Couples

May 9, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.