Reply To: Traders Market Weekly: Memorial Weekend a Time for Reflection

#37328
Truman
Participant

Snap (SNAP 15.71, -6.76, -30.0%): says it expects Q2 revenues and adjusted EBITDA to be below low end of prior guidance range as macro conditions deteriorated faster and further than anticipated
Best Buy (BBY 73.80, +1.21, +1.7%): tops fiscal Q1 estimates, but lowers FY23 EPS guidance range and indicates revenues expected to be below consensus
Abercrombie & Fitch (ANF 21.13, -5.60, -21.0%): drops sharply following large fiscal Q1 earnings miss and disappointing revenue guidance
Roblox (RBLX 28.49, -1.57, -5.2%): drops after Atlantic Equities cuts rating to Neutral from Overweight