Articles from StockStory

Shares of financial services company Robinhood (NASDAQHOOD) jumped 6.7% in the afternoon session after Morgan Stanley named the stock a "Top Pick." The firm added, "We see a compelling opportunity... and move to Top Pick."

Shares of communications chips maker Qorvo (NASDAQQRVO) jumped 11.9% in the morning session after activist investor, Starboard Value, disclosed a 7.7% stake in the company. This move is noteworthy given that activist investors often bring about significant changes in targeted companies, focusing on improving asset monetization, expense efficiency, and stock buybacks.

Shares of internet security and content delivery network Cloudflare (NYSENET) jumped 5.3% in the morning session after Citi analysts upgraded the stock's rating from Neutral to Buy and raised the price target from $95 to $145. The new price target implied a potential 20% upside from where shares traded before the upgrade was announced.

Shares of electric vehicle manufacturer Rivian (NASDAQRIVN) jumped 6% in the morning session after the company announced a loan agreement with the U.S. Department of Energy worth $6.6 billion to construct a new manufacturing facility in Georgia. The fund is expected to support the creation of 7,500 new manufacturing jobs and accelerate the production of Rivian's new vehicles (R2 SUV and R3 crossover).

Shares of computer processor maker Intel (NASDAQINTC) jumped 8% in the morning session after Bloomberg reported the company could be a potential acquisition target. Bloomberg cited SemiAccurate, a tech site founded by Charlie Demerjian. SemiAccurate claimed it had "read an email about a company attempting to buy all of Intel.".

Shares of aircraft leasing company FTAI Aviation (NASDAQFTAI) jumped 5.4% in the morning session after the stock continued to recover from the Muddy Waters report. FTAI added in its response to the report, "...believes that the recent report by Muddy Waters is an attempt to profit at the expense of FTAI's shareholders by manipulating the company's stock price. We strongly disagree with the assertions made by this notorious short-seller, several of which are sourced to a single, anonymous individual who is described only as 'a former FTAI executive' and whose agenda is not explained."

Industrial supplier Fastenal (NASDAQFAST) missed Wall Street’s revenue expectations in Q4 CY2024 as sales rose 3.7% year on year to $1.82 billion. Its GAAP profit of $0.46 per share was 3.8% below analysts’ consensus estimates.

Valmont’s 18.1% return over the past six months has outpaced the S&P 500 by 11.5%, and its stock price has climbed to $338.84 per share. This performance may have investors wondering how to approach the situation.

Since July 2024, Warner Music Group has been in a holding pattern, posting a small loss of 4.4% while floating around $30.31. The stock also fell short of the S&P 500’s 6.6% gain during that period.

Marvell Technology has been on fire lately. In the past six months alone, the company’s stock price has rocketed 74.7%, reaching $118.65 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.

What a brutal six months it’s been for OneWater. The stock has dropped 47.1% and now trades at $16.13, rattling many shareholders. This was partly due to its softer quarterly results and might have investors contemplating their next move.

Hillman has been treading water for the past six months, recording a small return of 1.4% while holding steady at $10.03. The stock also fell short of the S&P 500’s 6.6% gain during that period.

Over the past six months, Avery Dennison’s stock price fell to $188.25. Shareholders have lost 15.5% of their capital, which is disappointing considering the S&P 500 has climbed by 6.6%. This was partly driven by its softer quarterly results and might have investors contemplating their next move.

Playa Hotels & Resorts’s 38.4% return over the past six months has outpaced the S&P 500 by 31.8%, and its stock price has climbed to $12.04 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Shareholders of Wabash would probably like to forget the past six months even happened. The stock dropped 31% and now trades at $16.10. This was partly driven by its softer quarterly results and might have investors contemplating their next move.

Nordstrom has been treading water for the past six months, recording a small return of 1.3% while holding steady at $24.13. The stock also fell short of the S&P 500’s 6.6% gain during that period.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the specialized consumer services industry, including Mister Car Wash (NYSEMCW) and its peers.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how ground transportation stocks fared in Q3, starting with ArcBest (NASDAQARCB).

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at footwear retailer stocks, starting with Designer Brands (NYSEDBI).

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Toast (NYSETOST) and the rest of the vertical software stocks fared in Q3.

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Builders FirstSource (NYSEBLDR) and the rest of the home construction materials stocks fared in Q3.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the apparel and accessories industry, including Guess (NYSEGES) and its peers.

What a fantastic six months it’s been for Axon. Shares of the company have skyrocketed 84.2%, hitting $585.45. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.

Looking back on semiconductor manufacturing stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Lam Research (NASDAQLRCX) and its peers.

American Eagle has gotten torched over the last six months - since July 2024, its stock price has dropped 23.5% to $15.68 per share. This was partly driven by its softer quarterly results and might have investors contemplating their next move.

Wrapping up Q3 earnings, we look at the numbers and key takeaways for the consumer electronics stocks, including Peloton (NASDAQPTON) and its peers.

Let’s dig into the relative performance of Yum! Brands (NYSEYUM) and its peers as we unravel the now-completed Q3 traditional fast food earnings season.

Wynn Resorts currently trades at $82.40 per share and has shown little upside over the past six months, posting a small loss of 3%. The stock also fell short of the S&P 500’s 6.6% gain during that period.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Smith & Wesson (NASDAQSWBI) and the best and worst performers in the leisure products industry.

Shares of discount retail company Ollie’s Bargain Outlet (NASDAQOLLI) jumped 8% in the afternoon session after JP Morgan added the company to its Focus List as it sees an "upside opportunity." The firm added, "4Q Upside Opportunity Despite Disruption: Based on our latest fieldwork, we see potential for incremental upside to our +3.0% 4Q comp estimate relative to mgmt's implied 2.5%-3.5% guidance."

Shares of iPhone and iPad maker Apple (NASDAQAAPL) fell 3.2% in the afternoon session after data from research firm Canalys revealed the company (AAPL) is losing dominance in China. The data revealed that iPhone shipments in China fell 17% to 42.9 million units in 2024, pushing Apple down to third place in market share. The decline was partly blamed on the lack of artificial intelligence features in new iPhones. This weak print is significant for Apple since China accounted for roughly 17% of its total sales in fiscal year 2024.

Shares of cloud computing provider DigitalOcean (NYSEDOCN) jumped 5.2% in the morning session after Morgan Stanley upgraded the stock's rating from Neutral to Buy and assigned a price target of $41. Citing the reason for the upgrade, the firm called out Digital Ocean's underappreciated AI opportunity.

Shares of aircraft leasing company FTAI Aviation (NASDAQFTAI) jumped 8.2% in the pre-market session after the company responded to Muddy Waters's short report, saying that it "...believes that the recent report by Muddy Waters is an attempt to profit at the expense of FTAI's shareholders by manipulating the company's stock price. We strongly disagree with the assertions made by this notorious short-seller, several of which are sourced to a single, anonymous individual who is described only as 'a former FTAI executive' and whose agenda is not explained."

Steel wire manufacturer Insteel (NYSEIIIN) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 6.6% year on year to $129.7 million. Its GAAP profit of $0.06 per share was 72.7% below analysts’ consensus estimates.

Over the past six months, Arrow Electronics’s shares (currently trading at $113.01) have posted a disappointing 10.8% loss, well below the S&P 500’s 5.3% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

What a time it’s been for iHeartMedia. In the past six months alone, the company’s stock price has increased by a massive 52.9%, reaching $2.14 per share. This performance may have investors wondering how to approach the situation.

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at hvac and water systems stocks, starting with CSW (NASDAQCSWI).

Over the past six months, Amazon has been a great trade, beating the S&P 500 by 11.1%. Its stock price has climbed to $224.58, representing a healthy 16.4% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Shareholders of Dollar Tree would probably like to forget the past six months even happened. The stock dropped 32.7% and now trades at $70.56. This may have investors wondering how to approach the situation.

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Himax (NASDAQHIMX) and its peers.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how defense contractors stocks fared in Q3, starting with RTX (NYSERTX).

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Perdoceo Education (NASDAQPRDO) and the best and worst performers in the education services industry.

Since July 2024, Stitch Fix has been in a holding pattern, posting a small return of 2.2% while floating around $5.11. This is close to the S&P 500’s 5.2% gain during that period.

Over the past six months, Cummins has been a great trade, beating the S&P 500 by 16.4%. Its stock price has climbed to $364.40, representing a healthy 21.7% increase. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the software development industry, including Bandwidth (NASDAQBAND) and its peers.

Wrapping up Q3 earnings, we look at the numbers and key takeaways for the education services stocks, including Bright Horizons (NYSEBFAM) and its peers.

International Paper’s 22.3% return over the past six months has outpaced the S&P 500 by 17%, and its stock price has climbed to $55.66 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Broadcom currently trades at $232.27 and has been a dream stock for shareholders. It’s returned 656% since January 2020, blowing past the S&P 500’s 79.7% gain. The company has also beaten the index over the past six months as its stock price is up 37.1% thanks to its solid quarterly results.

Energizer’s 15.2% return over the past six months has outpaced the S&P 500 by 10%, and its stock price has climbed to $34.95 per share. This run-up might have investors contemplating their next move.

Alphabet trades at $195.83 and has moved in lockstep with the market. Its shares have returned 6.5% over the last six months while the S&P 500 has gained 5.3%.

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the leisure products industry, including Polaris (NYSEPII) and its peers.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how analog semiconductors stocks fared in Q3, starting with NXP Semiconductors (NASDAQNXPI).

TransDigm currently trades at $1,268 per share and has shown little upside over the past six months, posting a small loss of 1%. The stock also fell short of the S&P 500’s 5.2% gain during that period.

Wrapping up Q3 earnings, we look at the numbers and key takeaways for the traditional fast food stocks, including Arcos Dorados (NYSEARCO) and its peers.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the electrical systems industry, including Sanmina (NASDAQSANM) and its peers.

Intel’s stock price has taken a beating over the past six months, shedding 42.3% of its value and falling to $19.81 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Graphic Packaging Holding (NYSEGPK) and the best and worst performers in the industrial packaging industry.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Olo (NYSEOLO) and the best and worst performers in the vertical software industry.

Since July 2024, Mohawk Industries has been in a holding pattern, posting a small loss of 2% while floating around $130.06. The stock also fell short of the S&P 500’s 5.3% gain during that period.

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at apparel and accessories stocks, starting with PVH (NYSEPVH).

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Global Business Travel (NYSEGBTG) and its peers.

Industrial supplier Fastenal (NASDAQFAST) will be reporting earnings tomorrow before market hours. Here’s what to look for.

Casino gaming technology company Everi (NYSEEVRI) is expected to be announcing earnings results tomorrow before market open. Here’s what to expect.

Shares of fresh produce company Calavo Growers (NASDAQCVGW) fell 9.4% in the morning session after the company reported underwhelming fourth quarter results. EBITDA missed significantly and its gross margin fell short of Wall Street's estimates. The company blamed both higher fruit costs as well as higher compensation expenses. On the other hand, revenue came in ahead of expectations, though sales declined in absolute terms relative to the previous year. Overall, this quarter could have been better.

Shares of work management software maker Asana (NYSEASAN) jumped 9% in the morning session as the major indices soared (Nasdaq +1.9%, S&P 500 +1.6%) after the Bureau of Labor Statistics reported that core CPI (Consumer Price Index - a measure of inflation which strips out volatile food and energy prices) for December 2024 came in better than expected, rising 3.2% year over year, compared to the consensus estimate for a 3.3% increase. This means that PPI and CPI both came in slightly below expectations. It is important because the results take additional rate hikes off the table, which some investors and market participants were beginning to whisper about. 

Shares of social network Snapchat (NYSESNAP) jumped 7.8% in the morning session after the major indices soared (Nasdaq +1.9%, S&P 500 +1.6%) after the Bureau of Labor Statistics reported that core CPI (Consumer Price Index - a measure of inflation which strips out volatile food and energy prices) for December 2024 came in better than expected, rising 3.2% year over year, compared to the consensus estimate for a 3.3% increase. This means that PPI and CPI both came in slightly below expectations. It is important because the results take additional rate hikes off the table, which some investors and market participants were beginning to whisper about. 

Shares of online community and discussion platform Reddit (NYSERDDT) jumped 7.8% in the morning session after the major indices soared (Nasdaq +1.9%, S&P 500 +1.6%) after the Bureau of Labor Statistics reported that core CPI (Consumer Price Index - a measure of inflation which strips out volatile food and energy prices) for December 2024 came in better than expected, rising 3.2% year over year, compared to the consensus estimate for a 3.3% increase. This means that PPI and CPI both came in slightly below expectations. It is important because the results take additional rate hikes off the table, which some investors and market participants were beginning to whisper about. 

Shares of laser company nLIGHT (NASDAQLASR) fell 17.1% in the afternoon session after the company reported underwhelming preliminary fourth quarter results, with sales expected to fall below the previous guidance range. Precisely, LASR expects Q4 2024 revenues of $46 million to $48 million (vs. previous estimates of $49 million to $54 million). The company blamed the weakness on "continued weakness in our industrial markets, execution challenges in our microfabrication business, and the timing of the delivery of a limited number of defense products." Consequently, profit indicators, including gross margin and adjusted EBITDA, are also expected to fall significantly below previous estimates. Overall, the results aren't encouraging and indicate challenging times ahead.

Shares of real estate firm JLL (NYSEJLL) jumped 7.5% in the afternoon session after the company secured over $1.2 billion in construction financing for four hyperscale data center campuses in Northern Virginia on behalf of The BlackChamber Group. Management added "We are seeing incredible demand for data centers with the consistent appetite from Cloud, AI and Enterprise tenants and this in turn has created a larger focus from various capital sources."

Shares of aircraft leasing company FTAI Aviation (NASDAQFTAI) fell 7.4% in the afternoon session after Muddy Waters, a research firm known for short reports and bets that stocks are overvalued, published a report on FTAI. Muddy Waters claims that FTAI Aviation has been recording one-time engine sales as Maintenance Repair & Overhaul (MRO) revenue in its Aerospace Products (AP) segment. This has led to a growth story in FTAI's AP revenue, which Muddy Waters believes is lower quality than investors give the company credit for. The research firm estimates that the majority of FTAI Aviation's adjusted EBITDA in the Aerospace Products segment comes from gains on sales, which is less recurring in nature.

Woodward currently trades at $183.61 per share and has shown little upside over the past six months, posting a middling return of 2.6%. This is close to the S&P 500’s 3.8% gain during that period.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at DXP (NASDAQDXPE) and the best and worst performers in the maintenance and repair distributors industry.

Datadog has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 8.3% to $140.11 per share while the index has gained 3.8%.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Bel Fuse (NASDAQBELFA) and the best and worst performers in the electronic components industry.

Array’s stock price has taken a beating over the past six months, shedding 39.4% of its value and falling to $6.75 per share. This was partly driven by its softer quarterly results and might have investors contemplating their next move.