Why Oxford Industries Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Portfolio Pulse from Lisa Levin
Oxford Industries shares fell 9.1% after reporting strong Q1 results but weak Q2 forecasts. Other stocks with significant movements include BAOS, MIMO, MGRX, ACON, CVNA, ADD, SNTG, SEV, CRGO, RBT, REVG, PRSO, MDGS, DBI, EXPI, FDMT, RCEL, EVO, IGT, WHD, PRPO, FLGC, HCP, SMAR, GME, APRN, HYZN, RENT, PUYI, SMX, CNVS, PTE, SCWX, FFIE, SLDP, SIG, HSDT, RNAZ, QS, and ZUMZ.
June 08, 2023 | 5:06 pm
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NEGATIVE IMPACT
Oxford Industries shares fell 9.1% after reporting strong Q1 results but weak Q2 forecasts.
Oxford Industries reported better-than-expected Q1 results, but the weak forecast for the current quarter is likely to negatively impact the stock price in the short term as investors may be concerned about the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100