These are the stocks posting the largest moves midday.
— FedEx shares rose 1.2% after the company reported adjusted quarterly profit of $5.01 per share, beating a Refinitiv estimate of $4.85. Its revenue also outpaced expectations. Gains were kept in check, however, as the company warned the U.S.-China trade dispute and the end of its Amazon.
com contract would hurt its numbers moving forward.— Shares of Care.com, a service that helps connect people with care services like babysitters and elder care, fell 17.3% after the company announced Tuesday its chief financial officer, Michael Echenberg, would resign from the company. Echenberg will leave the company Aug. 30.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Micron stock surges after hours as earnings top lowered expectationsMicron Technology Inc. shares rise in the extended session Tuesday, after the memory-chip maker’s results topped lowered expectations for the quarter:
Read more »
Micron investors may be too hopeful that the end of the downturn is nearMicron Technology investors risk getting ahead of themselves with too much optimism about the rest of the year
Read more »
Chip-maker shares lead early stock-market gains after Micron resultsU.S. stocks claw back some of the previous day’s loss in early trade Wednesday as semiconductor shares scored a bounce from Micron Technologies’s...
Read more »
Dow pops 100 points higher at open as chip-maker stocks score a bounce on Micron resultsU.S. stock indexes opened solidly higher Wednesday morning as equity markets attempted to rebound from the previous day's losses, as investors drew optimism...
Read more »
Micron says some Huawei shipments resumed, shares riseMicron Technology Inc said it had resumed some microchip shipments to Huawei Tec...
Read more »
Micron pops on earnings and revenue beatMicron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.
Read more »