Advertisement
New Zealand markets open in 6 hours 20 minutes
  • NZX 50

    11,741.88
    -43.60 (-0.37%)
     
  • NZD/USD

    0.6222
    +0.0078 (+1.26%)
     
  • ALL ORDS

    7,963.10
    -42.80 (-0.53%)
     
  • OIL

    77.94
    +0.04 (+0.05%)
     
  • GOLD

    2,346.10
    +19.50 (+0.84%)
     

Company News for Jun 9, 2023

  • GameStop Corp.‘s (GME) shares plunged 17.9% after the company fired its CEO CEO Matt Furlong and named Ryan Cohen as executive chairman.

  • Oxford Industries Inc.’s (OXM) shares tumbled 5.8% after the company reduced its guidance for 2023 owing to muted consumer demand.

  • Shares of Semtech Corp. (SMTC) surged 4.9% after posting first-quarter fiscal 2024 adjusted earnings per share of $0.02, in contrast to the Zacks Consensus Estimate of a loss per share of $0.07.

  • Shares of Signet Jewelers Ltd. (SIG) plummeted 10.7% after the company’s guidance for sales and earnings failed to meet investors’ expectations.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

GameStop Corp. (GME) : Free Stock Analysis Report

Semtech Corporation (SMTC) : Free Stock Analysis Report

Signet Jewelers Limited (SIG) : Free Stock Analysis Report

Oxford Industries, Inc. (OXM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research