Benzinga Market Summary: Levi Strauss, Walgreens And Micron Drop On Earnings, GDP Growth Slightly Beats Estimates, Presidential Debate To Take Place At 9:00 p.m. ET
Portfolio Pulse from Benzinga Newsdesk
Levi Strauss, Walgreens, and Micron experienced drops in their stock prices following their earnings reports. The GDP growth slightly exceeded estimates, and a presidential debate is scheduled for 9:00 p.m. ET.
June 27, 2024 | 4:34 pm
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POSITIVE IMPACT
The GDP growth slightly beating estimates may have a neutral to positive impact on SPY.
Slightly better-than-expected GDP growth could boost overall market sentiment, positively affecting SPY.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Levi Strauss' stock dropped following its earnings report.
The drop in Levi Strauss' stock price is directly linked to its earnings report, indicating investor disappointment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Micron's stock declined following its earnings report.
Micron's stock price drop is attributed to its earnings report, reflecting investor concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Walgreens' stock fell after releasing its earnings report.
Walgreens' stock decline is a direct reaction to its earnings report, suggesting negative investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100