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[ad_1] An employee arranges Apple iPhones as customer shop at an Apple store.Mike Segar | ReutersCheck out the companies making headlines in midday trading.Apple — The big technology stock shed 5% following a rare downgrade by Bank of America. The bank downgraded shares of the iPhone maker to neutral and
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[ad_1] Check out the companies making headlines before the bell:Best Buy (BBY) – Best Buy gained 2.6% in the premarket after the electronic retailer beat Street forecasts on the top and bottom lines for its latest quarter, while comparable store sales declined less than expected.Big Lots (BIG) – The discount
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[ad_1] Electronic Arts (EA) signage is displayed on the back of a chair at the company's campus in Burnaby, British Columbia, Canada.Ben Nelms | Bloomberg | Getty ImagesElectronic Arts (EA) signage is displayed on the back of a chair at the company's campus in Burnaby, British Columbia, Canada.Ben Nelms |
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[ad_1] Check out the companies making the biggest moves midday:Peloton — Shares of Peloton plunged over 17% after the company reported quarterly results Thursday showing a wider than anticipated loss and declining revenue. The company also did not give an outlook for its next fiscal year.Salesforce — Shares of the
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[ad_1] Check out the companies making headlines before the bell:Dollar Tree (DLTR) – The discount retailer's stock slid 6.6% in the premarket after cutting its full-year earnings forecast, due to the impact of pricing-related investments at its Family Dollar stores. Dollar Tree reported better than expected profit for its latest quarter,
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[ad_1] A man walks in front of a Peloton store in Manhattan on May 05, 2021 in New York.John Smith | Corbis News | Getty ImagesCheck out the companies making headlines in midday trading.Bed Bath & Beyond – Shares of Bed Bath & Beyond surged 14% on a Wall Street
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[ad_1] Niraj Shah, CEO, WayfairAshlee Espinal | CNBCCheck out the companies making headlines in midday trading.Foot Locker — The retail stock surged more than 20% after it appointed former Ulta Beauty head Mary Dillon as its chief executive officer, replacing Richard Johnson. Foot Locker also reported a smaller-than-expected drop in
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[ad_1] Exercise equipment and apparel for sale at the Peloton showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glanzman | Bloomberg | Getty ImagesCheck out the companies making the biggest moves midday:Peloton — Shares of Peloton jumped 6% after the company told employees it was cutting about 780
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[ad_1] In an earnings call this week, Yum Brands CEO David Gibbs expressed the confusion many people are feeling as they try to figure out what's going on with the U.S. economy right now:"This is truly one of the most complex environments we've ever seen in our industry to operate
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[ad_1] JetBlue Airways passengers in a crowded terminal on April 7, 2022 in the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida.Robert Nickelsberg | Getty Images News | Getty ImagesIt wasn't long ago that Amazon, Shopify and Peloton doubled their workforces to manage through the pandemic surge, while Morgan Stanley
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