[ad_1] Check out among the largest movers within the premarket: Lordstown Motors (RIDE) – The electrical truck maker was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes that the just lately introduced sale of Lordstown’s Ohio plant to Foxconn values the plant at lower than a fifth of prior estimates. Lordstown tumbled 6.8% … Read more
[ad_1] A client walks previous a Mattress Bathtub & Past Inc. retailer Andrew Harrer | Bloomberg | Getty Photos Take a look at the businesses making headlines in noon buying and selling. Bed Bath & Beyond – Shares of the big-box retailer plunged 23% after the company slashed its revenue and earnings outlook amid provide chain challenges and … Read more
[ad_1] Try the businesses making headlines earlier than the bell: CarMax (KMX) – The auto retailer missed estimates by 18 cents with quarterly earnings of $1.72 per share, though income topped analyst projections. Comparable pre-owned automotive gross sales rose 6.2%, lower than the 7.3% estimate of analysts surveyed by StreetAccount. CarMax tumbled 7.1% within the … Read more