After-Hours Stock Movers 05/16: United Airlines Gains on Travel Outlook; Global-e Online Plunges Following Results (more...)
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- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Shoals Technologies Group (SHLS) PT Lowered to $20 at Roth Capital
May 17, 2022 12:18 PM EDTRoth Capital analyst Philip Shen lowered the price target on Shoals Technologies Group (NASDAQ: SHLS) to $20.00 (from $37.00) while maintaining a Buy rating following earnings.
The analyst commented, "SHLS delivered a substantial Q1'22 margin beat and sees margin strength through 2022. Moreover, while the company... More
United Airlines (UAL) Gains on Stronger Demand, Despite Rising Fuel Costs
May 17, 2022 7:47 AM EDTUnited Airlines (NASDAQ: UAL) shares gained 5% in pre-open trading Tuesday after providing a better-than-expected guidance update to investors after the close.
The Chicago-based airline said it now sees total revenue per available seat mile up 23%-25% from 2019, versus its prior forecast of up 17% as customers return to flying.
United... More
