Yesterday, Macy’s (M) stock fell 10.9% after department store peer Kohl’s (KSS) announced weak third-quarter results and shared a gloomy outlook.
Target soared more than 9% in the premarket session today following its robust fiscal 2019 third-quarter results and upbeat earnings outlook.
Home Depot stock fell 5.4% on Tuesday after posting lower-than-expected Q3 sales. Some analysts cut their price targets following its lower sales outlook.
Lowe's posted mixed third-quarter earnings results today. Its top line continued to benefit from higher comps, but both its sales and comps fell short.
The debate on whether social media companies should review political ads on their platforms continues to rage, and Facebook (FB) has held its ground.