LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Stocks making the biggest moves midday: Affirm, Warner Bros Discovery, Stitch Fix, Campbell Soup and more

Garry Wills by Garry Wills
June 7, 2023
in Business Finance
Stocks making the biggest moves midday: Affirm, Warner Bros Discovery, Stitch Fix, Campbell Soup and more
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Gabby Jones | Bloomberg | Getty Images

Check out the companies making the biggest moves midday:

Affirm — Shares of the payments company surged 6% after Affirm and Amazon announced a new compatibility feature. Affirm’s Adaptive Checkout, which offers customers pay-over-time plans, will now be a payment option through merchants offering Amazon Pay.

Stitch Fix — The stock soared about 32% after the online personalized styling service company reported a narrower-than-expected loss for the fiscal third quarter. Stitch Fix posted a loss of 19 cents per share, compared to the 30-cent loss per share anticipated by analysts, according to Refinitiv. Revenue also beat expectations.

Warner Bros Discovery — Shares popped 5% following the announcement that CNN CEO Chris Licht is leaving the company after a tumultuous reign of just over a year.

Dave & Buster’s — Shares of the entertainment giant jumped 18% a day after Dave & Buster’s posted a beat on earnings. The company reported first-quarter earnings of $1.45 per share, while analysts polled by Refinitiv called for $1.24 per share. Revenue fell short of expectations, however, coming in at $597 million, versus the $602 million estimated by Wall Street.

GameStop — The meme stock added 3.6% ahead of its quarterly results following Wednesday’s close. Analysts polled by FactSet are forecasting a quarterly loss of 15 cents per share.

Petrobras — Shares gained 2% after Morgan Stanley upgraded the Brazilian oil giant to overweight from equal weight. The Wall Street firm said Petrobras could deliver a larger dividend to investors this year than it has historically.

Tesla — Shares added 1.5% after the electric vehicle maker posted an update on its website that showed new Model 3 and Model Y cars are eligible for a $7,500 tax credit from the Inflation Reduction Act.

Yext — Shares of the online marketing firm soared more than 38% in midday trading thanks to an earnings beat. On Tuesday, the company reported an adjusted 8 cents per share on $99.5 million in revenue, while analysts forecasted 5 cents and $98.5 million, according to FactSet.

Super Micro Computer — The chip stock added 2% after Rosenblatt initiated coverage with a buy rating and $300 price target, which implies nearly 29% upside from Tuesday’s close. The Wall Street firm called Super Micro Computer a top artificial intelligence beneficiary.

Campbell Soup — Shares fell more than 7% after the company reaffirmed its full-year guidance of $2.95 to $3.00 for adjusted earnings per share, below the $3.01 expected from analysts polled by StreetAccount. However, its fiscal third-quarter earnings topped estimates, while revenue was in line.

Mobileye Global — The autonomous vehicle technology stock added about 4% after Canaccord Genuity initiated coverage with a buy rating. The Wall Street firm called Mobileye a sustainable play that will also improve supply chains.

Coinbase — The crypto exchange gained 2.7%, after losing 12% in the previous session. The Securities and Exchange Commission sued Coinbase on Tuesday, alleging the company was operating as an unregistered exchange and broker. Ark Invest’s Cathie Wood snapped up shares after the news on Tuesday.

—CNBC’s Jesse Pound, Brian Evans and Darla Mercado contributed reporting.

You might also like

Jamie Dimon issues rare CEO criticism of Trump’s immigration policy: ‘I don’t like what I’m seeing’

Trump signals he has a favorite for Fed chair: ‘Down to maybe one, in my mind’

Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise



Source link

Share30Tweet19
Previous Post

Christine and the Queens, Paranoia, Angels and True Love: breathtaking

Next Post

Gold futures settle at lowest in more than a week

Garry Wills

Garry Wills

Recommended For You

Jamie Dimon issues rare CEO criticism of Trump’s immigration policy: ‘I don’t like what I’m seeing’
Business Finance

Jamie Dimon issues rare CEO criticism of Trump’s immigration policy: ‘I don’t like what I’m seeing’

January 21, 2026
Trump signals he has a favorite for Fed chair: ‘Down to maybe one, in my mind’
Business Finance

Trump signals he has a favorite for Fed chair: ‘Down to maybe one, in my mind’

January 21, 2026
Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
Business Finance

Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise

January 21, 2026
Jamie Dimon says U.S. should impose Trump’s credit card rate cap in Vermont and Massachusetts
Business Finance

Jamie Dimon says U.S. should impose Trump’s credit card rate cap in Vermont and Massachusetts

January 21, 2026
Next Post
Gold futures settle at lowest in more than a week

Gold futures settle at lowest in more than a week

Related News

Hyundai’s 641 HP electric sports car is here, but it will be limited [Images]

Hyundai’s 641 HP electric sports car is here, but it will be limited [Images]

November 20, 2025
DeFi driving zkSync growth as 1inch deploys on Ethereum layer-2 scaling platform

DeFi driving zkSync growth as 1inch deploys on Ethereum layer-2 scaling platform

April 20, 2023
Next government must end ‘hostile environment’ against refugees, argue Greens

Next government must end ‘hostile environment’ against refugees, argue Greens

June 11, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • jutawantoto
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?