Previous close | 2.0900 |
Open | N/A |
Bid | 3.5000 |
Ask | 3.7000 |
Strike | 23.00 |
Expiry date | 2024-05-17 |
Day's range | 2.0900 - 2.0900 |
Contract range | N/A |
Volume | |
Open interest | 10 |
GameStop said it is selling up to 45 million shares of common stock, Doximity’s revenue topped estimates, and DXC reported a decline in revenue from a year ago.
DXC's Q4 earnings decline year over year primarily due to lower revenues and a higher tax rate, which more than offset the benefits of a lower share count.
The latest attempt comes as a sale bid failed last year and exits of top executives and a slowdown due to high interest rates hampered efforts to pivot away from its declining legacy business of IT outsourcing services to cloud-based solutions. "DXC has been in a transition for multiple years and despite the best efforts of multiple leaders, one has to ask the question as to if this business can be fixed," analysts at RBC Capital Markets wrote in a client note. "New management is undertaking yet again another restructuring to streamline the business, which suggests that FY25 will be another transition year."