|Bid||0.00 x 1000|
|Ask||0.00 x 1400|
|Day's Range||13.53 - 15.13|
|52 Week Range||13.53 - 23.60|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||22.83|
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Tuesday.
Let's check out the Yahoo Finance charts of the day. Sonos (SONO): Shares are down in early trade, at around 17.8%. Stock of the the home sound system maker dropped after releasing its first quarterly earnings report as a public company. The company posted a loss of 45 cents a share on revenue of $208 million. Nike (NKE): Shares up here, at around 1.2%. Canaccord Genuity upgraded the stock to "buy" from "hold" and upped the price target to $95 per share from $78 a share. The investment firm called the Nike ad featuring Colin Kaepernick "a stroke of genius." Tesla (TSLA): Shares are down here, at around 1.7%. Nomura Instinet lowers its rating of Tesla from Neutral to Buy and says that the stock is no longer investable and that CEO Elon Musk's actions may hurt the brand. For more on today's big stock movers check out the Final Round, live at 3:30 p.m
Integrated Device Technology, Sonos, Chili’s and Apple are the companies to watch.
The third quarter ends this month, and expectations seem to match the early earnings results that have already been released. There have been a few trouble spots, such as Sonos (NASDAQ:SONO), which dropped back to its IPO price following earnings, but the positive stock surprises are still running ahead of the disappointments.
Shares plunged after the maker of high-end wireless audio systems posted disappointing financial results last week, but there's still time to turn up the volume.
Generally, investors who own widely-held stocks or mega-cap companies can hope to at least match the market’s performance. It also signed a five year take-or-pay supply agreement for 100,000 kg with Cura Cannabis Solutions.
Shares of Sonos (NASDAQ:SONO) have come under intense pressure since the company reported earnings. In fact, Sonos stock actually fell 22% on Tuesday, bringing the stock’s year-to-date rally to just 10%. It’s been a bumpy road for Sonos stock — and that’s even before the company’s earnings-related plunge.
Shares of Sonos Inc. are on pace for their largest single-day percentage drop in history, after the speaker manufacturer delivered a bland first earnings report as a public company.
Stocks that moved substantially or traded heavily on Tuesday: Integrated Device Technology Inc., up $4.48 to $46.56 The chipmaker agreed to be bought by Renesas Electronics for $49 a share, or $6.34 billion. ...
Tech stocks powered higher Tuesday, pulling the overall market higher and adding to Monday’s meek bounce following a tough week of trading last week. As always though, the session was filled with big movers in both directions. Let’s look at what’s atop our list of top stock trades.Top Stock Trades for Tomorrow #1: Sonos
Wireless and home speaker manufacturer Sonos (NASDAQ:SONO) just reported its first quarterly numbers as a public company. Sonos stock dropped. Looking at the numbers, the trends and the industry, I’m not really seeing anything I like about Sonos.
Here are some of the companies with shares expected to trade actively in Tuesday’s session. Check back closer to the market open for an update. Sonos Inc.—Down 16%: The speaker maker, which went public last month, posted quarterly sales roughly in line with analyst targets and gave in-line full-year revenue projections.
Sonos stock is still struggling to recover after a disappointing earnings report sent shares of the audio hardware manufacturing company plummeting. The losses put Sonos on pace for its worst day since debuting on the public markets in August. Revenue was down pretty sharply on an annual basis thanks to declining sales of the company's Playbase audio streaming service (that retails for $699), which Sonos rolled out last year.
Morgan Stanley analyst Katy Huberty reiterated an Equal-weight rating and $20 price target. Jefferies analyst Brent Thill reiterated a Hold rating and $23 price target. Goldman Sachs analyst Rod Hall reiterated a Neutral rating and $25 price target.
Sonos (NASDAQ:SONO) stock was hit hard on Tuesday following the release of its earnings report for its fiscal third quarter of 2018.Source: Shutterstock
The pioneer of wireless high-end multiroom speakers sees sales decline in its first quarter as a public company, but it's not the end of the world.