{"id":8243,"date":"2024-11-20T17:22:42","date_gmt":"2024-11-20T17:22:42","guid":{"rendered":"https:\/\/finderica.com\/tgt-dlb-nio-nflx-and-more\/"},"modified":"2024-11-20T17:22:42","modified_gmt":"2024-11-20T17:22:42","slug":"tgt-dlb-nio-nflx-and-more","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=8243","title":{"rendered":"TGT, DLB, NIO, NFLX and more"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines before the bell: Target \u2014 Shares plunged more than 17% after the Minneapolis-based retailer missed third-quarter earnings and revenue estimates and slashed its full-year guidance, just three months after raising that forecast. Target cited only a slight uptick in customer traffic and its CEO noted &#8220;lingering softness in discretionary categories.&#8221; Comcast \u2014 Shares rose more than 2% after the owner of NBCUniversal said it will spin off its cable assets, including CNBC and MSNBC, into a separate, publicly held company . The spinoff is expected to take about a year, the Brian Roberts-led company said. Goldman Sachs and Morgan Stanley advised the parent company. Delta Air Lines \u2014 The Atlanta-based carrier fell more than 1% after reiterating its outlook for the fourth quarter . Delta expects mid-single-digit sales growth next year, in line with analysts&#8217; expectations. Nio \u2014 U.S. shares fell more than 2% after the Chinese electric vehicle maker posted lower-than-expected revenue for the third quarter. Nio sales totaled 18.67 billion yuan for the period , down 2.1% year over year. Analysts polled by FactSet were estimating 19.13 billion yuan. Dolby Laboratories \u2014 Shares soared nearly 15% after the audio technology company&#8217;s quarterly results topped Wall Street estimates. Dolby earned 61 cents per share in its fiscal fourth quarter, above analysts&#8217; estimated 45 cents per share, according to FactSet. Dolby also raised its quarterly dividend 10% to 33 cents per share, payable Dec. 10. Robinhood \u2014 Shares rose more than 3%, extending Tuesday&#8217;s gains. On Wednesday, Needham upgraded the stock to buy from hold . The financial services platform said it is acquiring TradePMR for about $300 million to boost its advisory capabilities. Keysight Technologies \u2014 The electronics test and measurement equipment maker climbed more than 9% following better-than-expected fiscal fourth-quarter results. Keysight also gave an optimistic forecast for the current quarter, expecting adjusted earnings of between $1.65 and $1.71 per share versus analysts&#8217; consensus estimate of $1.57, according to FactSet. AppLovin \u2014 Shares advanced 2.3% after Piper Sandler initiated research coverage of the mobile app developer with an overweight rating, and a price target implying the stock has more upside ahead , even after it surged more than 700% in 2024. Powell Industries \u2014 Shares of the electrical equipment company fell 13% after new orders in the fiscal fourth quarter fell to $267 million from $356 million in the third quarter. Fourth-quarter revenue missed analysts&#8217; estimates, according to FactSet, while earnings per share topped forecasts. Super Micro Computer \u2014 Shares moved more than 2% lower after soaring more than 31% on Tuesday. The server maker announced it hired BDO as its new auditor and submitted a plan to the Nasdaq Stock Market outlining how it will comply with listing requirements. Netflix \u2014 Shares gained almost 1% after Netflix said the boxing match last week between former heavyweight champion Mike Tyson and Jake Paul drew 108 million global viewers , making it the most-streamed global sporting event ever. \u2014 CNBC&#8217;s Alex Harring, Jesse Pound, Pia Singh and Sarah Min contributed reporting. Disclosure: Comcast owns NBCUniversal, the parent company of CNBC.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/11\/20\/stocks-making-the-biggest-moves-premarket-tgt-dlb-nio-nflx-and-more.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines before the bell: Target \u2014 Shares plunged more than 17% after the Minneapolis-based retailer missed third-quarter earnings and revenue estimates and slashed its full-year guidance, just three months after raising that forecast. Target cited only a slight uptick in customer traffic and its CEO noted &#8220;lingering softness in discretionary<\/p>\n","protected":false},"author":1,"featured_media":8244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[2797,2799,2798,2796],"class_list":{"0":"post-8243","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-dlb","9":"tag-nflx","10":"tag-nio","11":"tag-tgt"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/8243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8243"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/8243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/8244"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}