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Mckesson

All articles tagged with #mckesson

Palantir's Strong Earnings Propel Stock Surge and Market Attention
business2 years ago

Palantir's Strong Earnings Propel Stock Surge and Market Attention

Palantir shares surged nearly 20% after beating Q1 estimates and anticipating full-year profitability. Novavax stock surged 44% on promising vaccine data and cost-cutting initiatives. Under Armour slipped 5.3% after projecting earnings per share and revenue to be short of Wall Street expectations for the full year. PayPal shares shed 11% despite beating top and bottom lines and lifting guidance for the full year. McKesson rose 7.4% after exceeding Q4 expectations.

Palantir's Profit Surprise Sends Stock Soaring.
business2 years ago

Palantir's Profit Surprise Sends Stock Soaring.

Palantir's Q1 results beat analyst estimates and the company issued guidance for full-year profitability, causing its shares to rise nearly 20%. However, 3D Systems dropped 9.8% after posting disappointing Q1 results and cutting 6% of its workforce. Skyworks Solutions shed more than 9% after issuing weaker-than-expected fiscal Q3 guidance. Under Armour's shares fell nearly 5% despite beating Q4 expectations, as its full-year outlook for revenue and earnings per share fell short of expectations. PayPal's shares fell more than 5% due to weak current-quarter earnings guidance, while McKesson rose 4.6% after posting better-than-expected quarterly results.