Shares of Priceline sunk 6 percent after the company
reported weak guidance for its third quarter.
Not exact matches
Priceline shares tanked by 8 percent Wednesday after the company
reported a bookings miss for its second quarter and
weak guidance for the current quarter.
Ebay's stock dropped after the company
reported second quarter earnings in line with analysts» expectations, but offered
weaker guidance for the third quarter.
Investors made it clear that Advanced Micro Devices, Inc. (NASDAQ: AMD)'s third - quarter earnings
report and fourth - quarter
guidance was
weak and disappointing.
On Thursday, analysts from Merrill Lynch and JPMorgan Chase both expressed concern about Apple's iPhone sales after Apple supplier Taiwan Semiconductor (NYSE: TSM)
reported worse - than - expected
guidance, saying, «
Weak demand from our mobile sector will negatively impact our business despite strength in cryptocurrency mining.»
Fitbit
reported earnings and revenue Monday that topped analysts» expectations, but its shares plunged after
weaker - than - expected
guidance for the current quarter.
Stocks in the red include Fitbit, as the wearables maker issued a
weaker - than - expected current quarter
guidance; Spotify as the streaming service missed on earnings but
reported subscription numbers that were below expectations; and Tesla, with shares dropping despite an earnings and revenue beat, as cash burn hit $ 1 billion last quarter and CEO Elon Musk criticized analysts, and took questions from a YouTuber in a bizarre earnings call.
There
reports share with parents the strong skills and
weak skills of their wards, thus giving a direction for
guidance.
In recent quarterly earnings periods, full - price retailers such as department stores and specialty retailers have been the companies to
report weaker sales, revised annual
guidance figures and planned store closures...