Hot Stocks: AMZN, INTC issue soft guidance; AAPL headwinds; BZH rallies on earnings
AMZN and INTC lost ground on guidance included in their quarterly updates. AAPL slipped despite Street-beating results. BZH climbed following its earnings report.
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AMZN and INTC lost ground on guidance included in their quarterly updates. AAPL slipped despite Street-beating results. BZH climbed following its earnings report.
FB rallies on better-than-expected earnings. MCD and PYPL also rose following their quarterly reports. BTU plunged after revealing a loss for its latest fiscal period.
TDOC dropped 40% on earnings news. ALGN also dropped following its quarterly update. PINS and FB led a rally in social media stocks. SU climbed on interest from an activist investor.
ALKS climbed in the wake of its quarterly results. NCR and COF dropped after their respective earnings reports. ARCH added to recent gains to set a fresh high.
Shares of Lululemon slid $19.26, or 4.8 percent, to $385.40 after the yoga-themed retailer announced an ambitious five-year growth plan to double its sales by 2026. Analysts were generally bullish on Lululemon’s growth plan with a few concerned about the stock’s lofty valuation.