{"id":8855,"date":"2024-12-01T10:41:03","date_gmt":"2024-12-01T10:41:03","guid":{"rendered":"https:\/\/finderica.com\/hood-bbwi-mstr-m-and-more\/"},"modified":"2024-12-01T10:41:03","modified_gmt":"2024-12-01T10:41:03","slug":"hood-bbwi-mstr-m-and-more","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=8855","title":{"rendered":"HOOD, BBWI, MSTR, M 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 in premarket trading: Bath &amp; Body Works \u2014 Shares popped 16% after third-quarter earnings edged out Wall Street forecasts. The retailer earned 49 cents per share, excluding items, on revenue of $1.61 billion, while analysts polled by LSEG had anticipated earnings of 47 cents per share and revenue of $1.58 billion. Robinhood \u2014 Shares of the brokerage firm rose more than 7% after Morgan Stanley upgraded the stock to overweight from equal weight. The investment firm said Robinhood&#8217;s revenue growth could be stronger postelection due to more active trading of stocks and crypto deregulation. Macy&#8217;s \u2014 Shares of the retailer fell 3% after Macy&#8217;s said it was delaying its official third-quarter results due to discovering that an employee had intentionally made incorrect accounting entries to hide delivery expenses. The errors took place over several years and amounted to between $132 million and $154 million. Macy&#8217;s said the accounting issues do not appear to have had an effect on the company&#8217;s cash position. Abercrombie &amp; Fitch \u2014 Shares rose 3% ahead of its third-quarter earnings expected Tuesday before the bell. Analysts polled by FactSet expect the clothing retailer to report earnings of $2.39 per share on revenue of $1.19 billion, with roughly $631.5 million in sales from Abercrombie and $557 million from its Hollister brand. Shares are up more than 15% this month, as investors have grown more enthusiastic after apparel retailer Gap raised its full-year outlook given a strong start to the holiday shopping season. Target \u2014 Shares gained nearly 2% after Oppenheimer listed the retailer as a top pick, citing an improved risk-to-reward skew. Target&#8217;s stock is down about 12% for the year and the stock&#8217;s dividend yield is very &#8220;attractive,&#8221; the firm said. MicroStrategy \u2014 The bitcoin development company&#8217;s stock jumped 3% after Bernstein more than doubled its price target to $600 from $290, suggesting more than 40% upside from Friday&#8217;s close. Shares have soared about 568% so far this year. Sally Beauty Holdings \u2014 Shares advanced nearly 3% following an upgrade to buy from hold at TD Cowen. Analyst Oliver Chen highlighted the beauty products retailer&#8217;s strong free cash flow and attractive valuation. Santander \u2014 The bank stock gained 2% after a Morgan Stanley upgrade to overweight from equal weight, citing resilience tied to its capital generation. Arm Holdings \u2014 Shares rose more than 1% after UBS initiated coverage of the chipmaker with a buy rating, citing upside from artificial intelligence demand. \u2014 CNBC&#8217;s Jesse Pound, Alex Harring, Michelle Fox, Samantha Subin and Pia Singh contributed reporting.<\/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\/25\/stocks-making-the-biggest-moves-premarket-hood-bbwi-mstr-m-and-more.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines in premarket trading: Bath &amp; Body Works \u2014 Shares popped 16% after third-quarter earnings edged out Wall Street forecasts. The retailer earned 49 cents per share, excluding items, on revenue of $1.61 billion, while analysts polled by LSEG had anticipated earnings of 47 cents per share and revenue of<\/p>\n","protected":false},"author":1,"featured_media":8856,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[2250,1842,3095],"class_list":{"0":"post-8855","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-bbwi","9":"tag-hood","10":"tag-mstr"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/8855","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=8855"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/8855\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/8856"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}