General Mills, Steelcase And 3 Stocks To Watch Heading Into Wednesday
Portfolio Pulse from Avi Kapoor
General Mills, Steelcase, 23andMe, Intuitive Machines, and Sangoma Technologies are key stocks to watch. General Mills and Steelcase are expected to report earnings, while 23andMe faces board resignations. Intuitive Machines secured a NASA contract, and Sangoma Technologies is expected to report a loss.
September 18, 2024 | 6:13 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
23andMe's independent directors resigned, causing shares to dip 15% in after-hours trading.
The resignation of independent directors is a significant governance issue, leading to a sharp decline in share price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Sangoma Technologies is expected to report a quarterly loss of 3 cents per share on $61.03 million revenue. Shares fell 6% in after-hours trading.
The expected loss and decline in share price suggest a negative short-term impact on SANG stock.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
General Mills is expected to report earnings of $1.06 per share on $4.80 billion revenue. Shares rose 0.4% in after-hours trading.
Positive earnings expectations and a slight increase in after-hours trading suggest a potential short-term positive impact on GIS stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Intuitive Machines secured a NASA contract worth up to $4.82 billion, causing shares to jump 55.6% in after-hours trading.
The significant NASA contract is a major positive development, leading to a substantial increase in share price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 85
POSITIVE IMPACT
Steelcase is expected to report earnings of 37 cents per share on $864.10 million revenue. Shares gained 0.8% in after-hours trading.
Positive earnings expectations and a slight increase in after-hours trading suggest a potential short-term positive impact on SCS stock.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75