Shares of TripAdvisor Inc. TRIP, -0.52% are down 1.3% in Monday afternoon trading after Barclays analyst Mario Lu downgraded the stock by two notches, to underweight from overweight. "ith recovery in global travel effectively halted in 3Q21 as the Covid Delta variant emerged, we believe investors are shifting focus...
Stocks ended with modest gains Monday, pulling back from intraday records but still logging another round of record finishes for the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite. The Dow DJIA, +0.26% rose around 94 points, or 0.3%, to close near 35,914 after briefly trading above the...
Shares of Clorox Inc. CLX, +0.24% were up more than 5% in after-hours trading Monday after the maker of cleaning supplies and other household products topped expectations for its latest quarter and expressed confidence in its full-year forecast despite a "volatile" environment. Clorox posted fiscal first-quarter net income of...
Shares of Mosaic Co. MOS, -0.26% dropped more than 5% in the extended session Monday after the producer of potash and phosphate fertilizers missed FactSet consensus on its third-quarter adjusted profit and sales. Mosaic said it earned $372 million, or 97 cents a share, in the third quarter, swinging...
Shares of Zillow Group Inc. Z, -6.28% dropped 6.4% in afternoon trading, after Bloomberg reported that the real estate services company was looking to sell off about 7,000 homes. Zillow's Class A shares ZG, -8.72% were down 6.3%. The report comes about two weeks after Bloomber reported that Zillow...
Expensify Inc. EXFY, , a cloud-based expense management software platform, set terms for its initial public offering on Monday, with plans to offer 9.7 million shares priced at $23 to $25 each. The company would raise $242.5 million at the top of that range at a valuation of more...
T. Rowe Price TROW, -1.76% rose for the third day in a row Monday after announcing its $4.2 billion acquisition of Oak Hill Advisors (OHA) on Thursday. The stock advanced by 0.8% on Monday morning, after a rise of 0.7% on Friday and 5.7% on Thursday. UBS analyst Brennan...
Pitney Bowes Inc. PBI, +1.42% announced Monday a general rate increase (GRI) of 5.9% for ecommerce services, starting Jan. 2. The shipping and mailing company's Chief Revenue Officer Patrick Allard said the 2022 GRI is being announced earlier than it every has "to put our clients in the best...
AMC Entertainment Holdings Inc. shares AMC, +0.40% jumped 2.5% in premarket trade Monday, after the cinema operator said October admissions revenue was the highest since the start of the pandemic. The company didn't offer hard numbers, but said domestic and international revenue was the highest since its theaters were...
Harley-Davidson HOG, -1.38% shares jumped 7% in early premarket trade after the U.S. and European Union agreed a deal on steel and aluminum tariffs. Harley-Davidson was facing a tariff of 56% in Europe as retaliation. "We are excited that this brings an end to a conflict that was not...