Reply To: Traders Market Weekly: Valuation Matters in Earnings Season

#40147
Truman
Participant

From last night:

Arrival (ARVL) proposes a reorganization which includes a 30% reduction in spend… ARVL up 3.4%
Clorox (CLX) increases quarterly dividend by 2% to $1.18/sh, new yield is 3.3%… CLX up 0.7%
Desktop Metal’s (DM) CFO resigning to pursue other interests… DM down 2.1%
Twitter (TWTR) inches higher after filing suit against Elon Musk to hold him to original merger agreement, according to CNBC… TWTR up 0.9%
Victoria’s Secret (VSCO) announces new corporate leadership structure uniting its three lines of businesses as a single, collaborative organization resulting in an estimated $40 mln cost reduction in the run rate on an annualized basis starting in Q3… VSCO down 0.1%