Shares of homebuilding company Toll Brothers (NYSE:TOL) fell 7.8% in the afternoon session after the company reported weak fourth-quarter results. Its revenue missed significantly, and its EPS fell short of Wall Street's estimates as margins shrunk. Also, its backlog value fell by 2% relative to the previous year, suggesting some moderation in future sales, and the company called out that "affordability constraints and growing inventories in certain markets are pressuring sales." Overall, this w
Why Wingstop (WING) Stock Is Trading Lower Today
Shares of fast-food chain Wingstop (NASDAQ:WING) fell 13.9% in the afternoon session after the company reported underwhelming fourth-quarter earnings: its same-store sales, revenue, and full-year revenue guidance fell short of Wall Street's estimates. Domestic same-store sales, which drive the bulk of revenues, grew 10.1%, a sharp deceleration from 21.2% growth in the prior year. On the other hand, Wingstop blew past analysts' EPS and EBITDA expectations, but management guided for low-to-mid sin
Why Gibraltar (ROCK) Stock Is Up Today
Shares of renewable energy and infrastructure solutions provider Gibraltar Industries (NASDAQ:ROCK) jumped 19.4% in the morning session after the company reported impressive fourth-quarter results and provided optimistic full-year revenue, EPS, and EBITDA guidance, which beat analysts' expectations. Despite an 8.1% decline in sales, earnings outperformed significantly during the quarter, as margins improved in the Agtech and Infrastructure segments. Notably, the underwhelming sales growth was du
Intel stock pulls back from record rally as analysts note barriers to potential deals with TSMC, Broadcom
Intel stock fell Wednesday, ending a massive upswing that saw the stock notch its biggest five-day gain in its history as a publicly traded company.
Why SolarEdge (SEDG) Stock Is Up Today
Shares of solar power systems company SolarEdge (NASDAQ:SEDG) jumped 35.2% in the pre-market session after the company reported impressive fourth-quarter results, which blew past analysts' revenue expectations. In addition, it posted positive free cash flow and guided for more of the same in 2025 (both Q1 and full year). On the other hand, its EBITDA and EPS fell short of Wall Street's estimates. Still, the company emphasized its 'turnaround story,' likely giving investors more reasons to stay p
Flowserve (FLS) Stock Trades Down, Here Is Why
Shares of flow control equipment manufacturer Flowserve (NYSE:FLS) fell 9.8% in the pre-market session after the company reported disappointing fourth-quarter results: Its EPS missed significantly, and its revenue fell short of Wall Street's estimates. On the other hand, Flowserve blew past analysts' backlog expectations this quarter. Still, this was a weaker quarter.
Why Penumbra (PEN) Stock Is Trading Up Today
Shares of medical device company Penumbra (NYSE:PEN) jumped 13.6% in the afternoon session after the company reported impressive fourth-quarter 2024 results, which blew past analysts' constant currency revenue, EBITDA, and earnings expectations. Sales grew by 10.8% compared to the previous year due to strong performance in its U.S. thrombectomy business, which surged 27.3%. This strength helped offset a 16.5% decline in international sales, largely due to weaker performance in China. However, de
Bitcoin Could Drop to $86K as Demand, Network Activity Falter: CryptoQuant
Bitcoin entered the final stretch of its weekly cycle and could bottom soon, a well-followed trader said.
Ecopetrol Boosts Its Bet on Colombia’s Oil-Rich Eastern Plains
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Elon Musk’s ‘DOGE dividend’ — experts say crypto could be an option
If Musk offers tax refunds in crypto, “it would be an extreme headache and ripe for potential fraud,” one expert said.