Sage Investment Club

Southwest, Peloton, Tesla, Herbalife and more

Southwest Airlines aircrafts are seen at Baltimore/Washington International Thurgood Marshall Airport (BWI) on December 22, 2021 in Baltimore, Maryland.Alex Wong | Getty ImagesCheck out the companies making headlines in midday trading.Southwest — Shares dropped 6% after the company canceled 70% of its scheduled flights and warned that mass disruptions would continue “for the next several days.” Airlines […]

Southwest, Tesla, Peloton and others

Check out the companies making headlines before the bell:China ADRs – Shares of China-based companies that trade in the U.S. rose in the premarket after the easing of Covid restrictions by the Chinese government. Among them: Alibaba (BABA) was higher by 1.5%, JD.com (JD) gained 2.2% and Pinduoduo (PDD) was up 2.1%.Southwest Airlines (LUV) – […]

Mission Produce, Nutanix, Alphabet, Tesla and more

A Tesla service and sales center is shown in Vista, California, June 3, 2022.Mike Blake | ReutersCheck out the companies making headlines in midday trading Friday.Energy — Energy stocks outperformed on the S&P 500 following a rise in oil prices, which jumped Friday on expectations of a drop in Russian crude supply. Shares of Halliburton, […]

Tesla, Nutanix, Meta and more

Check out the companies making headlines before the bell:Tesla (TSLA) – Tesla CEO Elon Musk said he would refrain from selling any more Tesla stock for 18 to 24 months. Musk has sold about $39 billion in stock over the past year, amid his $44 billion deal to buy Twitter. Tesla gained 1.2% in the […]

AMC Entertainment, Tesla, Micron, Under Armour and more

Pedestrians pass in front of an AMC theater in New York.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading.AMC Entertainment — Shares plummeted 7.4% after the company proposed a reverse stock split and announced a new $110 million capital raise in an attempt to minimize its debt load. Shares of its preferred […]

CarMax, Micron, Under Armour and others

Check out the companies making headlines before the bell:CarMax (KMX) – The auto retailer’s stock slumped 12.7% in the premarket after its quarterly profit and revenue fell well short of estimates. CarMax earned 24 cents per share, compared with a consensus estimate of 70 cents, and its comparable used-vehicle sales were down 22.4% versus FactSet’s […]

Under Armour, Micron Technology and more

Shoppers pass an Under Armour store in White Plains, New York.Scott Mlyn | CNBCCheck out the companies making headlines after the bell: Micron Technology — The semiconductor stock slumped about 2% in after-hours trading after earnings and revenue for its fiscal first quarter fell short of Wall Street’s expectations. Micron Technology also said it expects a […]

Rite Aid, Nike, Six Flags and more

Vehicles sit parked outside of a Rite Aid Corp. storeLuke Sharrett | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Rite Aid — Shares of Rite Aid dropped nearly 14% in midday trading after the pharmacy operator reported a quarterly loss, though a smaller-than-expected one, and lowered its full-year financial guidance citing seasonal […]

Rite Aid, Nike, FedEx and others

Check out the companies making headlines before the bell:Rite Aid (RAD) – Rite Aid jumped 8.4% in the premarket after reporting a smaller-than-expected loss and revenue that beat Wall Street forecasts, helped by accelerated sales growth at its retail operations. However, the drugstore operator lowered its full-year guidance due to various issues, including seasonal markdowns.Nike […]