Investing.com -- JP Morgan downgraded Bumble (NASDAQ:BMBL) Inc to Underweight from Neutral, citing expectations for accelerating revenue and user declines, and maintained its $5 price target, which implies over 10% downside from current levels.Bumble shares have surged more than 50% since the company’s restructuring update but argued the rally was driven by profit upgrades tied to cost cu ...
By Juveria Tabassum (Reuters) -Dollar General raised its annual targets after beating estimates for quarterly profit and same-store sales and said more consumers across income groups came in to shop at its stores amid tariff-related uncertainty and still-high inflation. The forecast lift took the company’s shares up 14% on Tuesday and came in sharp contrast to other retailers cutting financial t ...
Investing.com -- Shares of Gilat Satellite Networks Ltd (NASDAQ:GILT). (NASDAQ:GILT, TASE: GILT) climbed 6.8% as the company announced a significant $40 million contract for its SkyEdge IV platform, expected to be fulfilled over the next 24 months. The contract underscores the market’s confidence in Gilat’s advanced satellite networking technology and its strategic move towards a virtualized, ...
Tuesday’s market has seen notable movements in various stocks, with significant intra-day changes being driven by recent news and other factors. Mega-cap and large-cap categories have particularly stood out, with stocks like Credo Technology Group Holding Ltd (NASDAQ:CRDO) and Dollar General Corp (NYSE:DG) making impressive gains.Mega-Cap Movers:No mega-cap stocks provided.Large-Cap Stock Move ...