Winners and losers
First, the bad news Keurig Green Mountain (GMCR) closed the day down as analysts expect an earnings drop when the company reports tomorrow. Urban Outfitters (URBN) slid after reporting weak earnings after the close yesterday and Chesapeake Energy (CHK) was just one of a few names in that sector that had a rough time of it today thanks to slumping crude prices.
And now the big winners, Fossil (FOSL) continues to try and claw its way back after being decimated over the last year. The company is still nowhere near its 52-week average but did pop today. Meanwhile, Mattel (MAT) climbed today as investors made a bet on a big holiday toy-selling season. And finally Netflix (NFLX) popped after a report from Ericsson suggested mobile data usage will grow by ten times globally in the next six years.
Look ahead to tomorrow
- Some of the last big retail names to release Q3 earnings, Target (TGT) and Lowe's (LOW) both report before the bell.
- The Federal Reserve is set to release the minutes of it October meeting and could shed some more light on the potential timing of a rate hike.
- We'll speak with the CEO of Hasbro (HAS) about some of the hottest toys flying off shelves right now, many of which are based on the upcoming Star Wars movie, "The Force Awakens."