Check out the companies that make headlines for Permarket Trading: Li Auto. Stocks fell by about 2% after JPMorgan downgraded the Chinese electric car company to neutral. Analyst Nick Lai cited the tough competition as a reason for attention. Tapestry – New York coaches and Kate Spade’s parents sank more than 10% after missing analyst estimates for the full year outlook. Tapestry forecasts full-year profits of between $5.30 and $5.45 per share, with analysts voting on Fact Set looking for $5.49. Deer – Agricultural equipment manufacturers have fallen by about 6% after Deer trimmed the top edge of their full-year outlook. The Moline, Illinois-based manufacturer forecasts net profits of between $4.75 billion and $5.25 billion, compared to previous forecasts of between $4.75 billion and $55 billion. Ibotta – Tech companies plummeted more than 34% after quarter results missed analyst estimates. Ibotta earned 8 cents per share, under 19 cents per share, surveyed by analysts estimated by LSEG. Ibotta reported revenue of $86 million below analysts’ forecast of $90.5 million. Coherent – Semiconductor manufacturers have dropped by more than 19% as Fiscal’s fourth quarter non-GAAP operating profit margin totaling 18.0% versus the estimated fact set consensus of 18.2%. FactSet data shows analyst consensus estimates range from 89 cents to $1.23, with quarter revenue per share, excluding one-off items ranging from 93 cents to $1.13 compared to analyst consensus estimates. First quarter revenues were pinned from $1.46 billion to $1.6 billion against the consensus of $1.55 billion. Bullish – Stocks have skyrocketed 14% in long-term trading. Stocks surged more than 83% on Wednesday. This is the first day for a public company. Kratos Defense and Security Solutions – Shares rose about 3% after BTIG upgraded defense stocks to buy on Thursday. Analyst Andre Madrid said the company could become a major beneficiary of a wide range of defense budgets. DLOCAL – Financial technology inventory surged more than 23% shortly after quarter revenue and revenue exceeded expectations. HSBC bought and bought Dlocal, while analyst Neha Agarwala is looking at new products that could drive better cost management and revenue. -CNBC’s Alex Harring contributed the report.
de, tpr, cohr, blsh, etc.
