Stock Groups

Beyond Meat, Snap, Zoom -Breaking

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© Reuters

Sam Boughedda

Investing.com — The rise yesterday was short-lived, as U.S. equity markets fell Tuesday. These are the midday Movers for May 24, 2013.

  • Snap Inc The stock of (NYSE:) has fallen 40% since Monday’s profit warning by the social media company. While it faces headwinds like inflation and uncertainty, the company stated that it expects its revenue and EBITDA to be below the lower end of the guidance. Other social media stocks, such as Meta (NASDAQ :), Twitter (NYSE 🙂 or Pinterest (NYSE :), have also been affected by the news.
  • Zoom Video(NASDAQ:) was up 6% Tuesday after the close of Monday. This beat earnings estimates.
  • Insulin delivery system device maker Insulet(NASDAQ): The stock rose by 6% after midday reports that it was under discussion to acquire By DexCom (NASDAQ:). Dexcom has fallen 9.7%
  • Best Buy The stock market jumped on Tuesday morning, but it is down 0.2% now that the company has reported a. The company lowered its profits and sales projections for the year while sales in the first quarter exceeded expectations, and earnings were below forecasts.
  • Americas Car-Mart (NASDAQ:) Reports after Monday’s close, surpassing revenue and earnings estimates. On revenue of 351.85 million, the company reported a profit per share of $4.01 and a loss of $4.01. Investing.com polled analysts and predicted earnings per share at $3.10 for revenue of $297.23 millions. CRMT stock is up 20%
  • Beyond MeatAfter launching a campaign featuring Kim Kardashian and naming her its first chief taste advisor, (NASDAQ:), the stock rose at the beginning of the session. Beyond Meat shares fell 7.5% in the past.

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