Automobiles sit parked outdoors of a Ceremony Support Corp. retailer
Luke Sharrett | Bloomberg | Getty Photographs
Take a look at the businesses making headlines in noon buying and selling.
Ceremony Support — Shares of Ceremony Support dropped practically 14% in noon buying and selling after the pharmacy operator reported a quarterly loss, although a smaller-than-expected one, and lowered its full-year monetary steering citing seasonal markdowns amongst different points.
associated investing information
Nike — Nike shares jumped greater than 13% after the corporate simply topped earnings and income estimates for its most up-to-date quarter. The athletic attire and footwear maker’s outcomes gave a lift to different athleisure shares. Beneath Armour gained greater than 6%, Skechers rose 5% and Lululemon added 3.8%.
FedEx — The supply large noticed shares rise greater than 4% as traders cheered one other spherical of “aggressive” cost-cutting measures. The corporate additionally beat earnings expectations, however income fell from the identical interval final yr.
Six Flags — Shares of the amusement park operator had been up practically 12% following information that activist shareholder Land & Buildings Funding Administration has accrued a 3% stake within the firm.
BlackBerry — BlackBerry shares tumbled by about 9% after the corporate reported a quarterly loss. Income beat estimates however the efficiency of its cyber enterprise fell in need of StreetAccount estimates, coming in at $106 million versus estimates of $111.8 million.
Carnival — Shares jumped greater than 4% after Carnival posted a smaller-than-expected loss in its newest quarter, although income was worse than anticipated. CEO Josh Weinstein mentioned robust momentum in reserving volumes has continued in December, “which bodes effectively for 2023 general.”
Cintas — Cintas shares obtained a greater than 2% enhance after the uniform maker beat earnings and income estimates for its most up-to-date quarter, in accordance with FactSet. It additionally raised its full-year earnings outlook for 2023.
— CNBC’s Sarah Min contributed reporting