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Lam Research (LRCX) Dips More Than Broader Markets: What You Should Know
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Zacks Industry Outlook Highlights: DHI, Lennar, TRI, Beazer Homes and Taylor Morrison
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Food safety revenue came in 1% higher on a year over year basis.
Neogen Corporation is close to 30% up year to date in the stock market.
Neogen Corp. (NASDAQ: NEOG) said on Tuesday that its earnings and revenue were lower than analysts’ estimates in the fiscal second quarter. The company attributed its dovish performance in Q2 somewhat to the ongoing COVID-19 crisis that has so far infected more than 18 million people in the United States and caused over 327 thousand deaths.
Neogen Corp slid over 7% in premarket trading on Tuesday but regained the entire intraday loss on market open. On a year-to-date basis, the stock is now just under 30% up after a 50% recovery since mid-March. Learn more about why do prices rise and fall in the stock market.
4 Market-Beating Mining Stocks That Might Lose Steam in 2021 Zacks.com 12/22/2020
With 2020 nearing its end, one can look back at a tumultuous year dictated by a catastrophe in the form of COVID-19 pandemic, which has been wreaking havoc and impacting nearly every facet of life. The unprecedented crisis crippled the global economy. While the same brought some industries to a standstill, others thrived. The mining sector was among the few that were severely impacted at the beginning of the year due to weak demand and disrupted operations. However, the sector has weathered the phase and regained its lost footing on the back of improving commodity prices, solid demand from top-consumer China and resumption of operations.
NIKE (NKE) Up on Q2 Earnings & Revenue Beat, Upbeat FY21 View Zacks.com 12/21/2020
Shares of
NIKE Inc. NKE rose more than 5% after the close of the trading session on Dec 18 on better-than-expected second-quarter fiscal 2021 results, wherein both top and bottom lines improved year over year. Results gained from robust growth in the digital business despite soft retail traffic and wholesale revenues. The company also noted that its holiday season went well with record online sales during the Black Friday week. Moving on, it remains poised to gain from consumers’ increasing preference for digital, athletic wear, and health and wellness.
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