Stock Movers

Chewy Slumps, Costco Climbs, Crowdstrike Mixed


Listen Later

Today's biggest winners and losers in the stock market, a look at the notable movers for the week:
On this episode of Stock Movers:

- Chewy (CHWY) shares are down as much as 8.8% on Tuesday, hitting their lowest intraday level since May 2024, after the online pet retailer presented at the JPMorgan Technology, Media & Communications Conference. The company provided some cautious commentary during the event, saying that it’s seeing a more “stretched” consumer now than it did at the beginning of the year.

- Costco Wholesale (COST) remains well-positioned to gain market share on its strong value and steady demand for essentials, though higher fuel prices may pressure near-term margins, Oppenheimer said Tuesday in a report. Oppenheimer expects fiscal Q3 earnings of $4.75 a share, trailing the Wall Street consensus of $4.98, as higher fuel costs and a heavier e-commerce and pharmacy mix may outweigh a benefit from inventory accounting. Results are due May 28.

-Crowdstrike (CRWD) shares are edging higher on Tuesday, hitting a new all-time high as buyers lean into fresh bullish analyst commentary.

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Stock MoversBy iHeartPodcasts

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

19 ratings


More shows like Stock Movers

View all
Bloomberg Intelligence by Bloomberg

Bloomberg Intelligence

405 Listeners

Bloomberg Surveillance by Bloomberg

Bloomberg Surveillance

1,170 Listeners

Masters in Business by Bloomberg

Masters in Business

2,189 Listeners

Odd Lots by Bloomberg

Odd Lots

1,982 Listeners

Bloomberg Businessweek by Bloomberg

Bloomberg Businessweek

420 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,038 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,306 Listeners

Here's Why by Bloomberg

Here's Why

62 Listeners

Wall Street Week by Bloomberg

Wall Street Week

59 Listeners

The Big Take by Bloomberg

The Big Take

154 Listeners

Bloomberg Daybreak: US Edition by Bloomberg

Bloomberg Daybreak: US Edition

83 Listeners

The Markets by Goldman Sachs

The Markets

75 Listeners

Bloomberg News Now by Bloomberg

Bloomberg News Now

75 Listeners

Bloomberg Daybreak: Asia Edition by Bloomberg

Bloomberg Daybreak: Asia Edition

8 Listeners

Bloomberg Daybreak: Europe Edition by Bloomberg

Bloomberg Daybreak: Europe Edition

12 Listeners