Check out the companies making the biggest moves midday: GameStop — The meme stock plunged more than 28% after the video game retailer posted an abysmal earnings report . Net sales of $881.8 million for the first quarter marked a 29% decline from a year prior. The company also said it would sell additional stock. Meme stock trader “Roaring Kitty” was set to kick off his livestream at noon ET , which could move the stock even more. Vail Resorts — Shares tumbled 12% following disappointing quarterly results. After Thursday’s close, the ski resort owner said it earned $9.54 per share on $1.28 billion in revenue, falling short of the LSEG consensus estimate of $9.97 per share in profits on $1.30 billion in revenue. Oddity Tech — Shares soared 23% after the beauty and wellness company’s board approved a $150 million share buyback program of the company’s Class A ordinary shares. The company also boosted its second-quarter earnings outlook. Semtech — The stock plummeted 18% after the semiconductor manufacturer announced its CEO Paul Pickle had left the company. Dr. Hong Q. Hou, who is a current member of Semtech’s board of directors, was named his successor. Semtech said the decision followed “differences between the Board and Mr. Pickle on how the CEO and the Board should work together in the best int …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making the biggest moves midday: GameStop — The meme stock plunged more than 28% after the video game retailer posted an abysmal earnings report . Net sales of $881.8 million for the first quarter marked a 29% decline from a year prior. The company also said it would sell additional stock. Meme stock trader “Roaring Kitty” was set to kick off his livestream at noon ET , which could move the stock even more. Vail Resorts — Shares tumbled 12% following disappointing quarterly results. After Thursday’s close, the ski resort owner said it earned $9.54 per share on $1.28 billion in revenue, falling short of the LSEG consensus estimate of $9.97 per share in profits on $1.30 billion in revenue. Oddity Tech — Shares soared 23% after the beauty and wellness company’s board approved a $150 million share buyback program of the company’s Class A ordinary shares. The company also boosted its second-quarter earnings outlook. Semtech — The stock plummeted 18% after the semiconductor manufacturer announced its CEO Paul Pickle had left the company. Dr. Hong Q. Hou, who is a current member of Semtech’s board of directors, was named his successor. Semtech said the decision followed “differences between the Board and Mr. Pickle on how the CEO and the Board should work together in the best int …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
