FedEx plunges by over 15% on below-consensus Q1 and Q2 guidance; Freight/logistics names fall in sympathy Check out this evening's top movers from around Wall Street, compiled by The Fly.
HIGHER AFTER EARNINGS
- Bowlero Corp. (BOWL) up 4.5%
ALSO HIGHER
- Applied Optoelectronics (AAOI) up 34% after announcing sale of China assets
DOWN AFTER EARNINGS
- FedEx (FDX) down 15.9% after below-consensus Q1 and Q2 earnings guidance, withdrawn FY23 outlook; UPS (UPS) down 5.7%, Landstar System (LSTR) down 5.6%, XPO Logistics (XPO) down 4.0%, JB Hunt (JBHT) down 3.5%, C.H. Robinson (CHRW) down 2.1 in sympathy
ALSO LOWER
- Core & Main, Inc. (CNM) down 3.4% after offering stock for holders
- Roblox Corporation (RBLX) down 1.6% after August metrics
Symbols:
BOWL AAOI FDX UPS LSTR XPO JBHT CHRW CNM RBLX Keywords: fly intel, wall street, afterhours, movers, top stories, stocks