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Price Decrease Explanation

IEP, NASDAQ

#Price Decrease Explanation

Bill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges Anew

May 24, 2023
16:51

EST

(Bloomberg) — Bill Ackman said Hindenburg Research has “outed” the way billionaire Carl Icahn runs his publicly traded company and suggested shares have room to fall after tumbling to the lowest levels since 2009. In a lengthy Twitter post Wednesday, Ackman, 57, also called out 87-year-old Icahn’s use of

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NYSE, XPEV

#Financial Data #Price Decrease Explanation

XPeng Stock Drops After Q1 Earnings and Cautious Outlook: The Details

May 24, 2023
08:47

EST

Don’t miss real-time alerts on your stocks – join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better. This article XPeng Stock Drops After Q1 Earnings and Cautious Outlook: The Details originally appeared on Benzinga.com . © 2023 Benzinga.com. Benzinga does not

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NYSE, TM

#Price Decrease Explanation

Toyota Shares Plunge in Final Minute of Tokyo Trading

May 23, 2023
04:33

EST

(Bloomberg) — Toyota Motor Corp. tumbled in the final minute of trading amid a downturn in the broader Japanese stock market on Tuesday. The stock closed 4.8% lower, its biggest decline since March 2022, shaving about $11 billion from the carmaker’s market value. The benchmark Topix closed 0.7% lower,

No Comments

NYSE, ZIM

#Dividends #Financial Data #Price Decrease Explanation

ZIM Stock Tumbles After Q1 Earnings and Dividend Halt: The Details

May 22, 2023
12:55

EST

Don’t miss real-time alerts on your stocks – join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better. This article ZIM Stock Tumbles After Q1 Earnings and Dividend Halt: The Details originally appeared on Benzinga.com . © 2023 Benzinga.com. Benzinga does not

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DIS, NYSE

#Price Decrease Explanation

Disney stock slumps on Wall Street downgrade citing ‘near-term uncertainties’

May 19, 2023
12:00

EST

Disney (DIS) stock fell about 2% Friday on the heels of a fresh Wall Street downgrade. Macquarie analyst Tim Nollen downgraded shares to Neutral from Outperform, citing declining linear networks, direct-to-consumer hurdles, and a slowing parks business. “We see near-term uncertainties weighing on earnings, valuation, and sentiment,” Nollen wrote in

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FL, NYSE

#Negative Financials #Price Decrease Explanation

Foot Locker Stock Plunges On Weak Q1 Earnings: Here’s Why

May 19, 2023
09:20

EST

Specialty athletic retailer Foot Locker Inc (NYSE: FL) reported first-quarter FY23 sales decline of 11.4% year-on-year to $1.93 billion, missing the analyst consensus estimate of $1.99 billion. Adjusted EPS of $0.70 missed the analyst consensus of $0.81. Comparable store sales decreased by 9.1% versus last year. The gross margin contracted 400 basis points, driven

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BUD, NYSE, TAP

#Negative Financials #Price Decrease Explanation

AB InBev stock drops as analysts look for ‘stabilization’ in Bud Light sales declines

May 17, 2023
14:17

EST

Shares of Bud Light parent company Anheuser-Busch InBev (BUD) are down 7.6% since the company reported earnings May 4 as the Dylan Mulvaney controversy continues to weigh on the beer giant’s sales. Bud Light sales during the week of May 6 declined 23.6% compared to the same time period

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NYSE, SE

#Negative Financials #Price Decrease Explanation

UPDATE 1-Singapore’s Sea quarterly profit misses estimates, shares down

May 16, 2023
07:09

EST

(Recasts paragraph 1, adds adjusted profit to paragraph 6) May 16 (Reuters) – Sea Ltd missed first-quarter profit estimates on Tuesday as it set aside more money for loans that could go sour in its digital finance services business, sending the Singapore-based company’s shares down about 10% in premarket

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KRE, MCB, NASDAQ, NYSE, PACW, WAL, ZION

#Price Decrease Explanation

PacWest stock plunges 23% after losing 9.5% of deposits last week

May 11, 2023
16:02

EST

Regional bank stocks fell again Thursday after troubled California lender PacWest (PACW) disclosed it lost 9.5% of deposits last week on a wave of new pessimism surrounding the industry. The Beverly Hills, Calif.-based institution first came under investor scrutiny following the March 10 failure of Silicon Valley Bank. PacWest

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NASDAQ, PTON

#Price Decrease Explanation

Peloton stock tumbles after company recalls more than 2 million bikes

May 11, 2023
11:25

EST

Peloton (PTON) stock slid on Thursday after the company recalled more than 2 million bikes for repairs. In a joint statement with the U.S. Consumer Product Safety Commission (CPSC) Thursday, Peloton announced a “voluntary recall” of the Peloton original bike sold from January 2018 to May 2023. “The seat

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