Check out the companies making headlines before the bell. Under Armour — Shares dropped 5.3% on news that founder Kevin Plank is returning as chief executive to the sportswear company. Plank’s return is a clear signal that UAA’s strategy is not working, Evercore ISI said, downgrading shares to underperform from in line. Robinhood — The financial services platform said Thursday that its equity trading volumes in February rose by 41% from a year ago, leading shares to climb nearly 12%. Dollar General — The discount retailer popped 5.8% on the back of a stronger-than-expected earnings report for the fourth quarter. Dollar General posted $1.83 in earnings per share on $9.86 billion in revenue, while analysts polled by LSEG anticipated $1.75 per share in earnings and $9.78 billion in revenue. United States Steel — Shares dipped 5.8%, adding to its Wednesday plunge, after reports that President Joe Biden plans to express “serious concern” over U.S. Steel’s proposed acquisition by Japanese company Nippon Steel Corp. Fisker — Shares fell to as little as 19 cents a share after the Wall Street Journal reported that the electric vehicle developer, which has long struggled to grow its sales, has hired restructuring advisers to assist with a potential bankruptcy filing, according to individuals familiar with the matter. SentinelOne — The AI-powered cybersecurit …
Article Attribution | Read More at Article Source
[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines before the bell. Under Armour — Shares dropped 5.3% on news that founder Kevin Plank is returning as chief executive to the sportswear company. Plank’s return is a clear signal that UAA’s strategy is not working, Evercore ISI said, downgrading shares to underperform from in line. Robinhood — The financial services platform said Thursday that its equity trading volumes in February rose by 41% from a year ago, leading shares to climb nearly 12%. Dollar General — The discount retailer popped 5.8% on the back of a stronger-than-expected earnings report for the fourth quarter. Dollar General posted $1.83 in earnings per share on $9.86 billion in revenue, while analysts polled by LSEG anticipated $1.75 per share in earnings and $9.78 billion in revenue. United States Steel — Shares dipped 5.8%, adding to its Wednesday plunge, after reports that President Joe Biden plans to express “serious concern” over U.S. Steel’s proposed acquisition by Japanese company Nippon Steel Corp. Fisker — Shares fell to as little as 19 cents a share after the Wall Street Journal reported that the electric vehicle developer, which has long struggled to grow its sales, has hired restructuring advisers to assist with a potential bankruptcy filing, according to individuals familiar with the matter. SentinelOne — The AI-powered cybersecurit …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
