Check out the companies making headlines in the midday trading: Cloud Strike – Cybersecurity stocks fell almost 7% after the company’s revenue forecast against Undershot Analyst estimates for the current quarter. CrowdStrike said that while analysts voted by RSEG are looking for $1.16 billion, revenues are expected in the range of $1.14 billion to $1.15 billion. Dollar Tree – Discount Retailer Slided 7%. Adjusted earnings per share could potentially see up to 50% pullbacks in the current quarter compared to the previous year, but Analyst expected it to vote by Factset. The company cited pressure from President Donald Trump’s tariffs as one of the headwinds affecting revenue forecasts. Thor Industries – A rise of 3% shortly after a better-than-expected third-quarter results. The recreational vehicle manufacturer recorded a profit of $2.53 per share on revenues of $28.9 billion compared to revenues of $1.79 per share, $2.61 billion from analysts surveyed by FactSet. Tesla – Elon Musk’s electric car company has pulled back more than 3%. Sales data for May reflects the continued slump in Europe. This includes a 67% decline in France and a 68% fall in Portugal compared to the previous year. Overall, Tesla’s stock fell 17% as it faces a political blow from its job with so-called government efficiency and masks, which declined in 17%. ASANA – Shares plummeted over 17% after the enterprise software company shared soft guidance. Asana considers second-quarter adjusted revenues ranging from 4 cents to 5 cents per share to be in the range of $192 million to $194 million. Analysts voted by LSEG were looking for 4 cents per share with revenues of $193 million. Guidewire Software – Insurance technology providers surged 16% after its third-quarter revenue report surpassed Wall Street estimates. Guidewire reported an adjusted earnings of 88 cents per share against revenues of $294 million, but analysts surveyed by LSEG found 46 cents per share and revenues of $284 million. Constellation Energy – Energy stock fell 3% following downgrades to Citigroup. Constellation Energy agreed to sell nuclear power to the Metaplatform on Tuesday. The bank said it has not disclosed terms of the transaction, but estimates that tech companies will pay between $75 and $90 per megawatt-hour power. Flowserve, Chart Industries – Flowserve’s shares fell by more than 4%, and the chart industry pulled back more than 6% following news that the company has agreed to combine in an equal trading all-stock merger. Chart provides equipment for the cryogenic liquefaction of gases, while flow rate is a major supplier of industrial machinery, including pumps and valves. -CNBC’s Alex Harring and Michelle Fox contributed the report.
CRWD, TSLA, DLTR, THO, etc.
