Automobiles sit parked outdoors of a Ceremony Support Corp. retailer
Luke Sharrett | Bloomberg | Getty Photos
Try the businesses making headlines in noon buying and selling.
Ceremony Support — Shares of Ceremony Support dropped almost 14% in noon buying and selling after the pharmacy operator reported a quarterly loss, although a smaller-than-expected one, and lowered its full-year monetary steering citing seasonal markdowns amongst different points.
associated investing information
Nike — Nike shares jumped greater than 13% after the corporate simply topped earnings and income estimates for its most up-to-date quarter. The athletic attire and footwear maker’s outcomes gave a lift to different athleisure shares. Beneath Armour gained greater than 6%, Skechers rose 5% and Lululemon added 3.8%.
FedEx — The supply big noticed shares rise greater than 4% as buyers cheered one other spherical of “aggressive” cost-cutting measures. The corporate additionally beat earnings expectations, however earnings fell from the identical interval final yr.
Six Flags — Shares of the amusement park operator have been up almost 12% following information that activist shareholder Land & Buildings Funding Administration has collected a 3% stake within the firm.
BlackBerry — BlackBerry shares tumbled by about 9% after the corporate reported a quarterly loss. Income beat estimates however the efficiency of its cyber enterprise fell in need of StreetAccount estimates, coming in at $106 million versus estimates of $111.8 million.
Carnival — Shares jumped greater than 4% after Carnival posted a smaller-than-expected loss in its newest quarter, although income was worse than anticipated. CEO Josh Weinstein mentioned sturdy momentum in reserving volumes has continued in December, “which bodes properly for 2023 total.”
Cintas — Cintas shares obtained a greater than 2% increase after the uniform maker beat earnings and income estimates for its most up-to-date quarter, in response to FactSet. It additionally raised its full-year earnings outlook for 2023.
— CNBC’s Sarah Min contributed reporting
