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Company News For Sep 27, 2019

Zacks Equity Research
  • Shares of Rite Aid Corporation RAD gained 1.8% after the company reported fiscal Q2 earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.08.
  • Shares of Beyond Meat, Inc. BYND rose 11.6% after McDonald’s announced plans to test the company’s plant-based burger.
  • Shares of Schnitzer Steel Industries, Inc. SCHN declined 10.7% after the company announced that the markets for recycled metals had weakened in fiscal Q4.
  • Shares of Carnival Corporation & Plc CCL lost 8.6% after the company cut its full-year profit forecast for the third time because of higher fuel costs.

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