ADVFN US – Market Content Editor
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American Eagle Shares Slide Despite Higher Q4 Operating Income Outlook
American Eagle Outfitters (NYSE:AEO) lifted its fourth-quarter operating income guidance after reporting strong holiday-season trading, but the update failed to reassure investors. Shares of the apparel retailer fell about 9.7% in premarket trading on Monday, despite the improved forecast. The company now expects fourth-quarter operating income to come in between $167 million and $170 million,…
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Lexeo Therapeutics Shares Slide Following PKP2 Gene Therapy Update
Shares of Lexeo Therapeutics (NASDAQ:LXEO) dropped about 17% on Monday after the company published interim Phase I/II results for its PKP2 gene therapy candidate, LX2020, being developed for PKP2-associated arrhythmogenic cardiomyopathy. The clinical-stage genetic medicine company said LX2020 was generally well tolerated in ten treated participants, with no clinically meaningful complement activation reported. The data…
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Abercrombie & Fitch Shares Slide After Higher Capex Guidance and Tighter Sales Outlook
Abercrombie & Fitch (NYSE:ANF) said it has lifted its full-year capital spending expectations while trimming and narrowing parts of its sales and margin guidance, prompting a pullback in the stock. Shares of the apparel retailer fell about 5.5% in premarket trading on Monday following the update. The company now forecasts full-year capital expenditure of roughly…
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Meta Platforms Appoints Dina Powell McCormick as President
Meta Platforms (NASDAQ:META) said on Monday that it has named Dina Powell McCormick as president and vice chair, marking a notable shift in the company’s senior leadership. The announcement comes only weeks after Powell McCormick stepped down from Meta’s board of directors, moving from a non-executive role into one of the company’s top management positions.…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Slide Further as Political Pressure Intensifies Around Fed Chair
U.S. equity index futures extended losses on Monday as concerns mounted over the independence of the Federal Reserve, following confirmation that the Justice Department has opened a criminal investigation into testimony by Fed Chair Jerome Powell regarding cost overruns tied to a $2.5 billion renovation of the central bank’s Washington headquarters. By 05:50 ET, Dow…
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Walmart Shares Jump After Confirmation of Nasdaq-100 Index Inclusion
Walmart (NYSE:WMT) shares climbed about 3.6% on Monday morning after the retail giant was named as a new constituent of the Nasdaq-100 Index, with the change set to take effect on January 20, 2026. The world’s largest retailer will take the place of AstraZeneca (NASDAQ:AZN) in the high-profile index, which tracks the performance of 100…
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Moderna Shares Edge Higher After Company Lifts Revenue Outlook
Moderna (NASDAQ:MRNA) shares rose about 1% on Monday morning after the biotechnology company increased its revenue outlook for 2025 to around $1.9 billion, coming in slightly above analysts’ expectations of $1.89 billion. The updated forecast represents an improvement from the $1.6 billion to $2.0 billion range outlined during the company’s third-quarter earnings call. Alongside the…
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Shake Shack Shares Slide After Q4 Revenue Comes in Below Expectations
Shares of Shake Shack (NYSE:SHAK) dropped about 5.5% on Monday after the burger chain reported preliminary fourth-quarter revenue that missed analyst forecasts. The company said preliminary Q4 revenue totaled $400.5 million, falling short of the consensus estimate of $409 million. For the full fiscal year 2025, Shake Shack generated total revenue of $1.45 billion, including…
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Adaptive Biotechnologies Shares Jump After Q4 Revenue Far Outpaces Expectations
Shares of Adaptive Biotechnologies Corporation (NASDAQ:ADPT) surged around 16% in premarket trading on Monday after the company reported preliminary fourth-quarter revenue that came in well ahead of analyst forecasts. The commercial-stage biotechnology company said unaudited fourth-quarter revenue totaled approximately $72 million, up 51% from the same period in 2024 and significantly above the consensus estimate…
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Birkenstock Shares Slip Even as Q1 Revenue Matches Forecasts
Shares of Birkenstock (NYSE:BIRK) declined about 2.1% on Monday after the footwear group reported preliminary first-quarter revenue that came in broadly in line with market expectations. Birkenstock said preliminary revenue for the quarter totaled €402 million, effectively matching the Bloomberg Consensus forecast of €401.8 million. The company released the early figures ahead of its appearance…