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A number of stocks fell in the afternoon session after the release of a stronger-than-anticipated Producer Price Index (PPI) report showed wholesale inflation rose more than expected in January.
The company said such trades violates its internal company policies about using confidential information for personal gain.
Shares of equipment distribution company Alta Equipment Group (NYSE:ALTG) jumped 4.2% in the afternoon session after the company reported better-than-expected fourth-quarter revenue and provided strong guidance for the upcoming year. For the quarter, sale
Shares of pharmaceutical company Amneal Pharmaceuticals (NASDAQ:AMRX) fell 6.3% in the afternoon session after the company reported fourth-quarter results that beat expectations but provided a full-year revenue forecast that fell short of analysts' estima
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Shares of digital advertising technology company PubMatic (NASDAQ:PUBM) jumped 13.4% in the afternoon session after the company reported fourth-quarter results that sailed past Wall Street's expectations and provided an optimistic forecast for the upcomin
Shares of pharmaceutical company Collegium Pharmaceutical (NASDAQ:COLL) fell 6.7% in the afternoon session after the company reported fourth-quarter earnings and revenue that fell short of analysts' expectations.
Shares of visual content marketplace Getty Images (NYSE:GETY) fell 5.9% in the afternoon session after the broader market sold off following a surprisingly high wholesale inflation report.
Shares of financial advisory firm Lazard (NYSE:LAZ) fell 5.3% in the afternoon session after hotter-than-expected inflation data sparked a broad market sell-off that particularly impacted the financial sector. The latest producer price index data came in
Shares of footwear and accessories discount retailer Designer Brands (NYSE:DBI) fell 7.4% in the afternoon session after investor concerns grew over industry-wide pressures following a government report indicating rising costs. A report from the U.S. Bure
Shares of department store chain Kohl’s (NYSE:KSS) fell 6.1% in the afternoon session after a higher-than-expected inflation report rattled the broader market, compounding concerns over the retailer's weakening sales. U.S. equities traded lower after the
Shares of interactive software platform Unity (NYSE:U) fell 7.7% in the afternoon session after a broader market sell-off was triggered by a worse-than-expected inflation report. The slide happened as major U.S. stock indexes, including the Dow, the S&P 5
The S&P 500 was on track for double-digit earnings growth, with more than half of companies having reported Q4 results so far.
Shares of regional banking company Fulton Financial (NASDAQ:FULT) fell 5.1% in the afternoon session after the broader market slumped amid a surprisingly discouraging update on inflation.
International Business Machines Corp. plunged the most in 25 years. Nassim Taleb warned of bankruptcies ahead. By Friday, the jitters had spread — with private credit worries, a hotter-than-expected inflation print, and Middle East fears pushing the S&P