Five top five lists with the news and calls moving stocks, powered by The Fly.
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
1. STOCK NEWS:
Snap (SNAP) shares cratered after the company tempered expectations for Q2 revenue and EBITDA and the negative read on digital advertising is dragging down peers like Meta Platforms (FB) and Alphabet (GOOGL) as well [more]
Zoom Video (ZM) shares are higher at midday following last night's Q1 report [more]
Best Buy (BBY) cut its FY23 earnings and revenue view in conjunction with its Q1 report [more]
Ralph Lauren (RL) reported fiscal Q4 results, gave FY23 guidance and increased its quarterly cash dividend 9% [more]
Abercrombie & Fitch (ANF) tumbled after reporting unexpected losses for Q1 and stating that they expect higher costs to remain a headwind through at least year-end [more]
2. WALL STREET CALLS:
Morgan Stanley upgrades Marqeta (MQ) to Overweight, sees attractive entry point [more]
Snowflake (SNOW) upgraded to Buy into Q1 results at Rosenblatt [more]