FinancialBuzz.com’s latest Buzz on the Street Show: Featuring Our Stock Market Earnings Report on Under Armour, Inc., Shopify Inc., Teva Pharmaceutical Industries Ltd. and Cisco Systems, Inc.
Under Armour, Inc. (NYSE: UA) stock plummeted after the apparel company missed expectations and compounded that with a weak guidance. The company lost 3 cents per share on revenues of 1.44 billion dollars.
However, Shopify Inc. (NYSE: SHOP) shares climbed to a 52-week high after the company earned 43 cents per share on revenues of 505.2 million dollars and its full-year outlook also topped expectations.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) shares also climbed as the company earned 62 cents per share on revenues of 4.5 billion dollars, beating analyst expectations.
And then, Cisco Systems, Inc. (NASDAQ: CSCO) stock dropped despite beating analyst expectations, reporting an EPS of 77 cents on revenues of 12.01 billion dollars… turns out that revenues for its 2 largest business segments continued to trend down, discouraging investors.
The NASDAQ Stock Exchange is the second-largest stock exchange in the world by market capitalization, behind only the New York Stock Exchange located in the big apple.
The New York Stock Exchange (NYSE) is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world’s largest stock exchange by market capitalization of its listed companies.
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