Tag: Marketwatch
Match Group Inc. MTCH, -0.65% on Tuesday said it plans to ask a federal judge in California to issue a temporary restraining order against Alphabet Inc.’s Google GOOGL, +1.67% GOOG, +1.33% to prevent the company from throwing Match off of its Google Play app store on June 1. The filing comes a day after Match […]
Unity Software Inc.’s. stock U, -4.47% plummeted 29.3% in extended trading Tuesday after the software company reported fiscal first-quarter results that were largely in line with Wall Street analysts’ forecasts, but issued poor second-quarter and fiscal year revenue guidance. Unity reported a net loss of $177.6 million, or 60 cents a share, compared with a […]
Shares of RealReal Inc. REAL, -4.34% jumped more than 9% in the extended session Tuesday after the e-commerce retailer of secondhand luxury goods reported quarterly sales that topped expectations, reiterated its guidance for the year, and said it could benefit from inflation hitting new luxury goods. RealReal said it lost $57 million, or 61 cents […]
Shares of Allbirds Inc. BIRD, -8.32% fell fell more than 16% in the extended session Tuesday after the footwear and apparel maker reported wider first-quarter losses and dialed back its 2022 outlook on what it called a “tumult” disrupting its international business. Allbirds said it lost $21.9 million, or 15 cents a share, in the […]
Gold futures finished lower Tuesday, as the U.S. dollar’s surge to its highest in two decades took a bite out of prices for the yellow metal. Gold for June delivery GC00, -0.84% [s:GCM22] shed $17.60, or 0.9%, settling at $1,841 an ounce on Comex, a day after the most-active contract booked its lowest settlement value […]
PetMed Express Inc. PETS, +6.05% says its fiscal fourth-quarter sales suffered from a slow start to the flea-and-tick season, but the company expects that part of the business to bounce back as the warm weather sets in. “[A] cooler March in much of the country delayed the start of the flea-and-tick season, a season which […]
Stocks opened higher Tuesday, attempting to bounce a day after a selloff took the S&P 500 to its lowest close since March 31, 2021. The Dow Jones Industrial Average DJIA, +0.20% jumped 481 points, or 1.5%, after rising more than 500 points in the opening minutes. The S&P 500 SPX, +0.39% jumped 1.9% to 4,066, […]
The SPDR S&P Biotech ETF XBI, -8.21% closed at a five-year low of $64.37 on Monday as U.S. stocks plunged on concerns about continued inflation and the threat of weaker growth. The last time the price for the biotech ETF was down this low was in December 2018. “A combination of clinical and regulatory setbacks, […]
Shares of Playtika Holding Corp. PLTK, -11.80% shed 3.1% in premarket trading Tuesday, after the Israel-based mobile games company reported net income that rose nearly four-fold but revenue that came up shy of expectations, and provided a downbeat full-year outlook. Net income rose to $98.6 million, or 20 cents a share, from $25.7 million, or […]
U.S. stock indexes finished deeper in the red on Monday, with energy and technology stocks leading a swoon ahead of the closing bell. The Dow Jones Industrial Average DJIA, -1.99% lost about 653 points, or 2%, to end near 32,245. Declines were even steeper for the S&P 500 index SPX, -3.20%, which tumbled 3.2% to […]