Stock Movers

On this episode of Stock Movers:

- Moderna (MRNA) shares rise after the company agreed to pay $950 million to settle litigation related to the delivery technology behind its Covid shot, removing a looming financial risk for the struggling vaccine maker. The company has settled all litigation worldwide with Arbutus Biopharma Corp. and Genevant Sciences GmbH over its existing and future vaccines, with no future royalties owed.

- Abercrombie & Finch (ANF) drops after the apparel retailer’s forecast for first quarter net sales growth and profits trailed the consensus estimates. Fourth quarter comparable sales performance also missed expectations, with Hollister growth failing to reach expectations. 

- Brown-Forman (BF) shares gains ahead of the bell after the alcohol beverage company reported earnings per share for the third quarter that beat the average analyst estimate. Net sales were also slightly better. Management reiterated its annual guidance, though stated that the operating environment for fiscal 2026 continues to be “challenging” and visibility is low due to “macroeconomic and geopolitical volatility.

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On this episode of Stock Movers:

- Abercrombie & Finch (ANF) drops after the apparel retailer’s forecast for first quarter net sales growth and profits trailed the consensus estimates. Fourth quarter comparable sales performance also missed expectations, with Hollister growth failing to reach expectations. 

- Tesla (TSLA) shares gain as Bank of America Global Research analyst Alexander Perry reinstated coverage of the electric vehicle company with a recommendation of buy “as we view it as the current leader in consumer autonomy.”

- United Airlines (UAL) shares are mixed. Sentiment received a boost after the New York Times reported that Tehran had made indirect contact with the US to negotiate an end to the conflict. Then Iran denied the report that's been driving market sentiment.

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- GitLab(GTLB) shares are down  after the software company’s forecast for 2027 adjusted EPS fell short of the average analyst estimate.

- Abercrombie & Fitch (ANF) shares are down after the apparel retailer’s forecast for first quarter net sales growth and profits trailed the consensus estimates. Fourth quarter comparable sales performance also missed expectations, with Hollister growth failing to reach expectations. 

- Ross Stores (ROST) shares jump after the off-price apparel and home accessories retailer reported comparable sales growth for the fourth quarter of 9%, easily beating the consensus growth estimate of 4.9%. Momentum has continued, with management stating it is “very encouraged by the strong start to the Spring season.” 

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- The Kospi Index fell for the third day, dropping 12.1% in Seoul. The index dropped to the lowest closing level since Feb. 6.
- Adidas (ADS GY) shares tumbled to a three-year low after the sportswear maker’s earnings forecast disappointed investors hoping for bigger profits from the German brand.The company expects an operating profit of around $2.7 billion this year, it said Wednesday, well shy of analysts’ estimates.
- Gitlab (GTLB) shares drop after the software company’s forecast for 2027 adjusted EPS fell short of the average analyst estimate.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Repsol rose as much as 5.4% the most in a year. The stock has advanced 64% in the past 52 weeks, compared with a 24% increase for the company's Bloomberg peers.
- Rheinmetall shares gain as much as 3.5% amidst broader gains for European defence stocks.
- Vistry shares tumbled the most in 17 months after the UK homebuilder warned of sluggish profit growth this year and announced the retirement of Chief Executive Officer Greg Fitzgerald.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Repsol rose as much as 5.4% the most in a year. The stock has advanced 64% in the past 52 weeks, compared with a 24% increase for the company's Bloomberg peers.
- Maersk is adding an emergency freight increase on shipments to and from a number of Middle East countries due to the ongoing conflict, according to a statement.
- Adidas shares fall as much as 7.6% to a three-year low after the German sportswear maker’s 2026 operating profit forecast missed analysts estimates.

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Today’s biggest winners and losers in the stock market.

On this episode of Stock Movers:

-CrowdStrike (CRWD) shares slipped in extended trading after the security software company reported fourth-quarter results that were in line with expectations. It also gave forecasts for both the first quarter and the full year.

-Best Buy (BBY) shares advanced after reporting profit for the holiday-shopping season that was better than expected. Its revenue forecast for this year also met Wall Street estimates, giving investors confidence that the electronics chain won’t take a step backward. Adjusted earnings per share last quarter were $2.61, topping the average analyst estimate by 15 cents. Comparable sales trailed Wall Street projections. The company also boosted its dividend. Shares of the retailer rose as much as 7%. The stock had fallen 8% this year, compared with the S&P 500 Index being little changed.

- Target (TGT) forecast better-than-expected profit for the full year, indicating the big-box retailer’s turnaround plans are starting to generate results. Adjusted earnings per share are projected in a range of $7.50 to $8.50 in the current fiscal year, the company said in a statement on Tuesday. The midpoint is above the average of estimates compiled by Bloomberg. It was one of the few stocks to close higher today in a broader market selloff.

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Today’s biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Best Buy (BBY) shares advanced after reporting profit for the holiday-shopping season that was better than expected. Its revenue forecast for this year also met Wall Street estimates, giving investors confidence that the electronics chain won’t take a step backward. Adjusted earnings per share last quarter were $2.61, topping the average analyst estimate by 15 cents. Comparable sales trailed Wall Street projections. The company also boosted its dividend. Shares of the retailer rose as much as 7%. The stock had fallen 8% this year, compared with the S&P 500 Index being little changed.

- Akamai (AKAM) climbed after Streaming Media Blog said the software company has notified customers of coming interim surcharges and pricing adjustments for contract renewals. This was welcome news for traders who were concerned about rising costs for the company. 

- Newmont (NEM) saw its shares slipped today in line with a broader market selloff. Several metal and mining related stocks also slumped, into Freeport-McMoRan and Nucor.

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On this episode of Stock Movers:

- Palantir (PLTR) shares rise. The company's stock jumped as President Donald Trump ratcheted up threats against Iran, and is continuing to rise amid military strikes by the US and Israel on the country.

- Best Buy (BBY) shares gain after the company reported profit for the holiday-shopping season that was better than expected, with adjusted earnings per share of $2.61. The company's revenue forecast for this year met Wall Street estimates, and it boosted its dividend, giving investors confidence.

- Cigna (CI) shares fall after the health insurer said David M. Cordani will retire as chief executive officer and be replaced by chief operating officer Brian Evanko. 

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Best Buy (BBY) surged after reporting profit for the holiday-shopping season that was better than feared. Its revenue forecast for this year also met expectations, giving investors confidence that the electronics chain won’t take a step backward.

- Target (TGT) shares rise after the retailer reported adjusted EPS for the fourth quarter that soared above the consensus estimate. Management said sales and traffic trends accelerated in the last two months of the period, and that it saw “a healthy, positive sales increase” in February. 

- Pinterest (PINS) shares are jumping after the company announced a $1 billion strategic investment from Elliott Investment Management. It also authorized a new $3.5 billion share repurchase program for its Class A common stock.

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