Check out the companies making headlines before the bell. PVH — Shares of the Calvin Klein and Tommy Hilfiger parent tanked more than 21% on weak revenue guidance for the first quarter and full year. The retailer surpassed quarterly estimates on the top and bottom lines, but warned of a tougher macroeconomic setup and particular weakness in Europe. Humana , UnitedHealth — Health insurance managed care stocks declined after the the Center for Medicare and Medicaid Services announced rates for the 2025 calendar year will increase 3.7%, as previously proposed. Some investors had anticipated a larger hike. Humana shed 9.6%, while CVS Health tanked 5.3%. UnitedHealth Group declined 4%. Estee Lauder — Shares gained more than 2% after a Citi upgrade to buy from neutral. The Wall Street bank said Estee Lauder is approaching a turning point, as channel inventories and its financials normalize. Blackstone — Blackstone slipped 1% after UBS downgraded the alternative asset manager to neutral, saying the stock could come under pressure from a slow recovery in the real estate market. Trump Media and Technology — Shares of the holding company for Truth Social fell more than 2%. That decline extended a drop of more than 21% on Monday, after the company disclosed that it generated less than $5 million of revenue in 2023. Figs — The medical scrubs maker slumpe …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines before the bell. PVH — Shares of the Calvin Klein and Tommy Hilfiger parent tanked more than 21% on weak revenue guidance for the first quarter and full year. The retailer surpassed quarterly estimates on the top and bottom lines, but warned of a tougher macroeconomic setup and particular weakness in Europe. Humana , UnitedHealth — Health insurance managed care stocks declined after the the Center for Medicare and Medicaid Services announced rates for the 2025 calendar year will increase 3.7%, as previously proposed. Some investors had anticipated a larger hike. Humana shed 9.6%, while CVS Health tanked 5.3%. UnitedHealth Group declined 4%. Estee Lauder — Shares gained more than 2% after a Citi upgrade to buy from neutral. The Wall Street bank said Estee Lauder is approaching a turning point, as channel inventories and its financials normalize. Blackstone — Blackstone slipped 1% after UBS downgraded the alternative asset manager to neutral, saying the stock could come under pressure from a slow recovery in the real estate market. Trump Media and Technology — Shares of the holding company for Truth Social fell more than 2%. That decline extended a drop of more than 21% on Monday, after the company disclosed that it generated less than $5 million of revenue in 2023. Figs — The medical scrubs maker slumpe …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
