Company News for Sep 23, 2021
Companies In The News Are: FDX, SFIX, GIS, HOOD.
- FedEx Corp.’s FDX shares plunged 9.1% after the company reported first-quarter fiscal 2022 adjusted earnings per share of $4.37, missing the Zacks Consensus Estimate of $4.96.
- Stitch Fix Inc.’s SFIX shares soared 15.7% after posting fourth-quarter fiscal 2021 adjusted earnings per share of $0.19, beating the Zacks Consensus Estimate of loss per share of $0.14.
- Shares of General Mills Inc. GIS surged 3.3% after reporting first-quarter fiscal 2022 adjusted earnings per share of $0.99, surpassing the Zacks Consensus Estimate of $0.88.
- Shares of Robinhood Markets Inc. HOOD climbed 10.9% following announcement that its new crypto wallet will enable customers to send and receive crypto assets off its platform.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.Click here for the 4 trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
General Mills, Inc. (GIS): Free Stock Analysis Report
FedEx Corporation (FDX): Free Stock Analysis Report
Stitch Fix, Inc. (SFIX): Free Stock Analysis Report
Robinhood Markets, Inc. (HOOD): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research