These are the stocks posting the largest moves in midday trading.
— Shares fell 12% after a weak fiscal fourth-quarter outlook. The electronic design company forecasted adjusted earnings per share in the range of $1.83 to $1.89 with revenue of $1.29 billion to $1.31 billion.
Analysts polled by FactSet, meanwhile, are forecasting an adjusted $2 per share on $1.39 billion in revenue.— The cosmetics company pulled back about 2% after issuing lower-than-expected guidance. The company expects an adjusted loss of 31 cents to 21 cents per share in its fiscal first quarter. Analysts polled by FactSet had estimated earnings of 98 cents per share.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Xpeng shares drop 6% as the Chinese electric carmaker reports mounting lossesThe Chinese electric carmaker's troubles continued with Friday results showing a wider-than-expected loss in the second quarter.
Read more »
XPeng Stock Tumbles on Wider-Than-Expected LossThe Chinese electric-vehicle maker reports a wider-than-expected second-quarter loss and the stock is falling.
Read more »
Xpeng’s stock slides 6.4% premarket after Chinese EV makers’ earnings fall short of estimatesXpeng Inc.’s stock slid 6.4% in premarket trade Friday, after the Chinese electric vehicle maker posted weaker-than-expected second-quarter earnings. Xpeng...
Read more »
Xpeng shares drop 6% after the Chinese electric carmaker posts a record quarterly lossThe Chinese electric carmaker’s troubles continued with Friday results showing a wider-than-expected loss in the second quarter.
Read more »
Xpeng shares drop 7% after the Chinese electric car maker posts a record quarterly lossThe Chinese electric carmaker’s troubles continued with Friday results showing a wider-than-expected loss in the second quarter.
Read more »
Xpeng’s stock slides 6% after Chinese EV maker’s earnings fall short of estimatesWider losses for XPeng weighed on the company's stock as well as on U.S. shares of Nio and Li Auto.
Read more »