“First Solar Plummets: Citi Slaps ‘Sell’ Rating as Analysts Foresee Grim Future Ahead!”
First Solar Inc., the “undisputed leader in domestically made modules for utility scale solar in the U.S.,” is facing a “challenging” long-term outlook, according to Citi Research analyst Vikram Bagri. He downgraded his rating on the stock to sell from neutral, causing First Solar shares to recede more than 2% in pre-market trading. Bagri expects […]
“Sportsman’s Warehouse Plummets Amid Loss Warning and Shakeup: Interim CEO Steps Up!”
Sportsman’s Warehouse Holdings Inc. has seen its stock price fall by 16.5% in premarket trades after the outdoor specialty retailer detailed concerns that it would fall short of analyst expectations in its coming quarter. The company also announced a change in management, with chairman Joseph P. Schneider being appointed as interim CEO after Jon Barker […]
SiriusPoint Soars 10% After-Hours: Third Point Interest Fuels Stock Boost Frenzy
SiriusPoint Inc., an insurance company, has recently attracted the attention of Third Point LLC, a hedge fund led by investor Daniel Loeb. Loeb has disclosed a 9.3% stake in SiriusPoint and is considering a potential purchase of the company. This announcement caused SiriusPoint’s shares to rise significantly, with after-hours gains of up to 2% and […]
“Microsoft Soars: Wedbush Analyst Ups Price, Cites Thriving Cloud Deals & Skyrocketing Momentum!”
Shares of Microsoft Corporation (MSFT) slightly increased by 0.2% in premarket trading on Wednesday, after renowned Wedbush analyst Dan Ives raised his price target to $315 from $290. This followed his research, which demonstrated overall positive cloud deal flow and momentum for the Redmond, Washington-based software giant. Ives maintained the outperform rating he has held […]
“WD-40 Stock Tumbles: Earnings Triumph Overshadowed by Gloomy Forecast – Don’t Miss the Details!”
WD-40 Co. shares fell in the extended session on Thursday, dropping by as much as 4%, despite reporting fiscal second-quarter results that surpassed Wall Street estimates. The decline followed the cleaning and maintenance products company’s earnings forecast for the year, which Wall Street had not anticipated. WD-40’s shares had remained practically flat, closing the regular […]