Check out the companies making headlines in midday trading. GameStop — GameStop shed 15% after the video game retailer reported lower fourth-quarter revenue from a year ago. The company also said it axed an unspecified number of roles to trim costs. Merck — Merck jumped 5% after the U.S. Food and Drug Administration on Tuesday … Read more
Check out the companies making headlines in premarket trading. Robinhood — Shares of the brokerage firm jumped more than 6% after unveiling its Robinhood Gold Card, a credit card where cash back can be deposited into a brokerage account. Concentrix — Shares slipped nearly 4% on the back of disappointing fiscal second-quarter earnings guidance. The … Read more
Check out the companies making headlines before the bell: Dollar Tree — Shares dropped 7% after the discount retailer posted disappointing quarterly results and announced the closure of several stores. Dollar Tree posted an adjusted profit of $2.55 per share. That said, it wasn’t clear if that number was comparable to a StreetAccount estimate of … Read more
Check out the companies making headlines in midday trading. Crypto stocks — Stocks whose performance is tied to the price of bitcoin rose as the cryptocurrency pushed to another record for the third day in a row. Crypto exchange Coinbase gained roughly 3% and bitcoin proxy MicroStrategy surged nearly 10%. In the crypto mining sector, … Read more