Share Price Movement/Disruptions – Jahanagahi
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Markets

Affirm stock soars as company tops revenue expectations ‘despite volatile market conditions’

Shares of Affirm Holdings Inc. emerged in after-hours trading Thursday after the buy-now pay-later company delivered a revenue beat and an upbeat volume forecast in the face of “volatile market conditions.” The company posted a fiscal third-quarter net loss of $54.7 million, or 19 cents a share, compared with a loss of $287 million, or […]

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Business

Beyond Meat’s stock slides 20% on weak sales, heads lower than IPO price for first time

Beyond Meat Inc.’s not-so-good 2022 took an ugly turn for the worse Wednesday with quarterly results that lacked sizzle. The maker of plant-based meat products BYND, -13.83% reported a net loss of $100.5 million, or $1.58 a share, compared with a net loss of $27.3 million, or 43 cents a share, in the same quarter […]

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Markets

Unity Software loses $5 billion in market cap after Apple’s changes lead to ‘self-inflicted wound’

Unity Software Inc. executives thought they had found a way to avoid fallout from changes in Apple Inc.’s mobile operating system. It turns out they were wrong, and Wall Street punished Unity U, -35.25% stock for it Wednesday. Shares shed more than a third of their value, worth roughly $5 billion in market capitalization, and […]

Categories
Markets

Stocks Climb on Inflation Data

Stocks swung between gains and losses Wednesday after fresh data showed inflation eased slightly in April but not as much as economists expected. The S&P 500 rose 0.7% in morning trading. The index snapped a three-day losing streak Tuesday, hitting pause on a stretch of pressure that came as investors braced for the Federal Reserve […]