Walmart, Moderna, Advance Auto Parts lead midday stock movers

Earnings
โดย CNBC·US·Read original
Summary · why it matters

Several companies made notable moves in midday trading, led by Walmart, which tumbled 9% after its same-store sales grew 2.6%, short of the 3.5% expected by analysts polled by FactSet, and its earnings per share guidance for the fiscal third quarter and full year fell short of expectations. Deere jumped almost 9% after its fiscal third quarter trounced estimates, earning $5.10 per share on revenue of $11 billion versus LSEG consensus of $4.70 per share and $10.73 billion, and it lifted the lower end of its full-year net income guidance to $4.75 billion to $5 billion. Moderna plunged 25% one day after soaring 177% on promising late-stage trial results for a skin cancer vaccine developed with Merck. Advance Auto Parts slid 25% after posting revenue of $2 billion, short of the $2.04 billion expected by analysts polled by LSEG, and a same-store sales decline of 0.5% against an estimated gain of 1.4%. CrowdStrike dropped 4% after Axios reported that chief technology officer Elia Zaitsev is leaving to start an AI-focused cyber venture fund called Cognition.

Impact on stocks 18

Biotech & Genomic Medicine · 2 stocks
Moderna Inc
MRNA
▼ NegativeTechnologyrelevance

Stock plunges after prior surge on trial results

Consumer Staples · 2 stocks
Walmart Inc.
WMT
▼ NegativeDemandrelevance

Same-store sales miss and guidance shortfall

Artificial Intelligence · 2 stocks
Consumer Discretionary · 1 stocks
Climate Adaptation & Water · 1 stocks
Cybersecurity & Digital Trust · 1 stocks
Semiconductors · 1 stocks
Energy · 1 stocks
Electrification & Mobility · 1 stocks