Advertisement
New Zealand markets open in 7 hours 55 minutes
  • NZX 50

    11,767.40
    +68.89 (+0.59%)
     
  • NZD/USD

    0.6132
    +0.0000 (+0.01%)
     
  • ALL ORDS

    8,015.80
    +72.20 (+0.91%)
     
  • OIL

    80.99
    +0.66 (+0.82%)
     
  • GOLD

    2,339.10
    +10.10 (+0.43%)
     

Company News for May 17, 2024

  • Walmart Inc.’s WMT shares jumped 7% after reporting first-quarter 2024 adjusted earnings of 60 cents per share, beating the Zacks Consensus Estimate of 52 cents.

  • Shares of GameStop Corp. GME plummeted 30% for the second session running after a two-day rally of meme stocks.

  • Deere & Company’s DE shares tanked 4.8% despite reporting an earnings beat after the company reduced its annual profit forecast for the second time.

  • PepsiCo, Inc.’s PEP shares jumped 2% on consumer staples becoming the biggest winning sector of the day.

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

Walmart Inc. (WMT) : Free Stock Analysis Report

Deere & Company (DE) : Free Stock Analysis Report

PepsiCo, Inc. (PEP) : Free Stock Analysis Report

GameStop Corp. (GME) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research