Tag Archives: Jumps

Target stock jumps 12%, CEO says retailer will get back to growth mode

Target stock jumps 12%, CEO says retailer will get back to growth mode

Target (TGT) is aiming to hit more bull’s-eyes in 2024 after a series of challenges last year. “We’ll be talking about our roadmap for growth, getting Target back to being a growth company, from a comparable sales standpoint, from a traffic standpoint, and from a [market] share standpoint,” Target chairman and CEO Brian Cornell told Yahoo Finance ahead of a closely watched investor day in New York City on Tuesday. Cornell says Target will spend 2024 opening new stores, remodeling existing… Source link

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Digital World Acquisition jumps on Trump’s Iowa Win

Digital World Acquisition jumps on Trump’s Iowa Win

Shares of Digital World Acquisition (DWAC) surged on Tuesday following former US President Donald Trump’s winning of the Iowa caucus, with 20 delegates from the state set to vote for Trump at the Republican National convention. The company is known for financially backing Trump’s social media platform, Truth Social, to go public. Yahoo Finance anchors Josh Lipton and Madison Mills break down the latest developments for the company and what Trump’s win could mean going forward. For more expert… Source link

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Meta stock jumps after hours on Q4 revenue beat, share buyback plans

Meta stock jumps after hours on Q4 revenue beat, share buyback plans

Yahoo Finance’s Seana Smith reports on how Meta stock is trading after hours following the Facebook parent company’s Q4 earnings results. Video Transcript SEANA SMITH: All right, Dan, sorry to cut you off here. We just want to jump in with Meta earnings because they are out. So let’s get to the numbers here. Taking a look at the stock reaction, look at that, up just about 12% here. Revenue coming in stronger than expected, 32.17 billion. The estimate on the Street was for 31.65 billion…. Source link

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Messi-tied clothing stock jumps more than 200% after IPO

Messi-tied clothing stock jumps more than 200% after IPO

Argentinian soccer legend Lionel Messi’s clothing brand The Messi Store made its U.S. market debut on Friday, with the stock jumping more than 200%. MGO Global Inc. (MGOL), the operator of The Messi Store, Argentinian soccer star Lionel Messi’s clothing brand, sold just 1.5 million shares to the public, though trading was halted multiple times during the morning session as investors flocked to Messi’s brand. The company opened trading on Friday in a $7.5 million initial public offering… Source link

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Messi-tied clothing stock jumps more than 200% after IPO

Messi-tied clothing stock jumps more than 200% after IPO

Argentinian soccer legend Lionel Messi’s clothing brand The Messi Store made its U.S. market debut on Friday, with the stock jumping more than 200% before falling back below its initial price by the market close. MGO Global Inc. (MGOL), the operator of The Messi Store, Argentinian soccer star Lionel Messi’s clothing brand, sold just 1.5 million shares to the public, though trading was halted multiple times during the morning session as investors flocked to Messi’s brand. The company opened… Source link

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Netflix stock jumps 4% as Goldman Sachs boosts estimates amid weakening dollar

Netflix stock jumps 4% as Goldman Sachs boosts estimates amid weakening dollar

Netflix (NFLX) stock rose nearly 4% on Tuesday after Goldman Sachs boosted its estimates for the streaming giant amid a weakening U.S. dollar, extending a recent winning streak for shares of the streaming giant. “In just the last quarter, the FX landscape has changed dramatically with the [U.S. dollar] performance having a stark reversal in the last three months,” Goldman Sachs analyst Eric Sheridan wrote in a new note to clients. Sheridan notes the dollar index is down about 7% since… Source link

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Wall Street jumps after BofA results, UK reversal

Wall Street jumps after BofA results, UK reversal

By Chuck Mikolajczak (Reuters) – U.S. stocks rallied on Monday after Britain reversed course on an economic plan, while Bank of America was the latest financial company to post solid quarterly results, which boosted optimism about the corporate earnings season. Britain named Jeremy Hunt finance minister, and he immediately dispelled many of Prime Minister Liz Truss’ fiscal measures, which had unnerved markets in recent weeks. “The UK completely backing off this plan and presumably, they kind of… Source link

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Netflix’s $200M ‘The Gray Man’ jumps in debut weekend, more than 88M hours viewed

Netflix’s $200M ‘The Gray Man’ jumps in debut weekend, more than 88M hours viewed

It looks like Netflix’s (NFLX) $200 million bet on “The Gray Man” might have paid off. The action-packed film starring Ryan Gosling, Chris Evans, and Ana De Armas made its debut on the platform on Friday and quickly climbed its way to the top of the streamer’s competitive top 10 list, despite lackluster reviews. According to the company’s latest global viewing report, subscribers watched more than 88 million hours of the movie within its first three days on the platform (July 22 – July 24). For… Source link

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