Shares of Mcdonald’s Corp. (MCD) have started the road to recovery Monday morning after losing roughly 7% over the past few days. The stock is up more than 1% today as many saw the dip as a buying opportunity. The fast food chain is under fire amidst concerns that its popular Quarter Pounder burgers [...]
Shares of Spirit Airlines (SAVE) are up more than 36% over the past few days as another merger rumor is making headlines. This time, its competitor Frontier Airlines is trying to bring the budget airliner into its ecosystem. This comes as Spirit Airlines is on the brink of bankruptcy, meaning any sort of merger [...]
Shares of Starbucks (SBUX) were down roughly 4% yesterday during after-hours trading, but they’ve leveled off this morning since the market opened and are relatively flat on the day. This all comes after the company reported quarterly earnings that left much to be desired. A profit of 80 cents per share was a massive [...]
Nike Inc. (NKE) is down roughly 6% Wednesday morning after the company’s earnings day Tuesday left much to be desired in the eyes of investors. The company is still struggling to regain its footing, and after withdrawing its full-year guidance, it’s clear that the road ahead will continue to be rocky. Here’s how the [...]
Tupperware Brands (TUP) lost almost all of its value overnight after the company announced it would be filing for bankruptcy. The stock sat at $1.19 per share but has plummeted 57% to just $0.5 per share this morning. Exchanges like Robinhood have halted trading on the stock since. It’s been a tumultuous stretch for [...]
Shares of Ulta Beauty Inc. (ULTA) fell as much as 10% last week after a downtrodden earnings update for the second quarter. This puts it down nearly 13% through 2024 thus far. However, the stock is now only down 3% in the past week after recovering since Thursday. Shares are up more than 2% [...]
Lululemon Athletica, inc. (LULU) may not have had the second-quarter performance it was hoping for, but the market hasn’t responded with panic yet, and LULU investors shouldn’t either. The company acknowledged where it’s falling short and has a plan to turn things around. Revenue climbed to $2.37 billion, a 7% improvement from this time [...]
After multiple quarters of stagnant or backward revenue growth, Peloton Interactive Inc. (PTON) finally saw sales climb higher year over year - no matter how marginally. Revenue for the fiscal fourth quarter came in at $644 million, a modest 0.2% bump YoY and well ahead of the $628 million analysts were looking for. This [...]
Lowe’s (LOW) reported second-quarter earnings today that sent mixed messages - while the home improvement store beat earnings expectations, sales were down. The company is expecting to fall short of its original guidance for the full year now, which has sent shares slightly down in Tuesday morning trading. Here’s how the company finished Q2: [...]
Starbucks (SBUX) let CEO Laxman Narasimhan go barely a year into the job, replacing him with previous Chipotle Mexican Grill CEO Brian Niccol. After the stock lost as much as 20% through 2024, this was the turnaround investors had been desperate for. The stock gained 23% on the news. The news sent Chipotle shares [...]
