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Company News For Aug 20, 2019

Zacks Equity Research
  • The Estée Lauder Companies Inc.’s EL shares gained 12.5% after the company reported fourth quarter fiscal 2019 earnings per share of $0.64, higher than the Zacks Consensus Estimate of $0.53
  • Palo Alto Networks, Inc.’s PANW shares lost 0.6% after the company announced that its executive vice president of worldwide sales, Dave Peranich was stepping down from his post
  • Shares of Weibo Corporation WB rallied 14.1% after the company reported second quarter 2019 earnings per share of $0.68, higher than the Zacks Consensus Estimate of $0.63
  • Shares of Fulcrum Therapeutics, Inc. FULC rose 21.2% afterthe company announced the initiation of Phase 2b clinical trial of losmapimod for FSHD


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