BP, V.F. Corporation, Amkor Technology And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Portfolio Pulse from Lisa Levin
Several stocks are recording losses in today's pre-market trading session. PetMed Express, Lattice Semiconductor, Amkor Technology, V.F. Corporation, Coherus BioSciences, POSCO Holdings, BP, and Western Digital Corporation all saw declines. The reasons for these drops include weaker-than-expected sales, downbeat earnings, and poor financial results.
October 31, 2023 | 9:44 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Amkor Technology shares declined 16.8% after reporting a YoY decrease in Q3 EPS results and issuing Q4 revenue guidance below estimates.
The company's YoY decrease in Q3 EPS and lower Q4 revenue guidance have led to a drop in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
BP shares fell 4.6% following weaker-than-expected Q3 profit.
The company's weaker-than-expected Q3 profit has negatively impacted its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Coherus BioSciences shares fell 7.3% in pre-market trading.
The company's shares have fallen in pre-market trading, but the specific reason is not mentioned in the article.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Lattice Semiconductor shares dipped 17.5% after reporting Q3 financial results and issuing weak sales forecast for Q4.
The company's poor Q3 results and weak Q4 sales forecast have negatively impacted its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
PetMed Express shares tumbled 26.8% after reporting weaker-than-expected Q2 sales.
The company's weaker-than-expected Q2 sales have led to a significant drop in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
POSCO Holdings shares slipped 4.7% after reporting a decline in Q3 sales.
The company's decline in Q3 sales has led to a drop in its share price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
V.F. Corporation shares declined 7.9% after the company reported downbeat Q2 earnings and withdrew its full-year guidance.
The company's downbeat Q2 earnings and withdrawal of full-year guidance have negatively impacted its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Western Digital shares declined 4.5% after reporting a proposed $1.3 billion convertible notes offering.
The company's proposed $1.3 billion convertible notes offering has led to a drop in its share price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100