Cheetah Net shares are plummeting Tuesday on heavy trading volume and the stock was halted on a circuit breaker to the downside in early trading. According to data from Benzinga Pro, more than 10.3 million shares have already been traded in the session, compared to the stock's 100-day average of 1.311 million shares.
MGO Global reported total revenues climbed 1385% to $670,264 from $45,147 due primarily to the timing of the launch of the company's Stand Flagpole line of products, which did not occur until mid-March 2023. The company reported losses of 1 cent per share, compared to losses of 8 cents per share from the same quarter last year.
Viasat shares are falling after the company reported its fourth-quarter financial results after the bell on Tuesday. Here's a look at the details from the quarter.
Urban Outfitters reports quarterly earnings of 69 cents per share, beating the analyst consensus estimate of 52 cents by 32.69%. Quarterly sales clocked in at $1.2 billion, beating the analyst consensus estimate of $1.175 billion by 2.12% and representing a 7.75% increase over sales of $1.114 billion from the same period last year.