Meta and MGM Lower; Everpure Gain
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Meta (META) shares are taking a breather off a massive rip after it unveiled the Muse Charm, a palm-sized gadget for using the company's artificial intelligence assistant Muse, with a 2-inch display and a new operating system. The device is expected to go on sale by December, with pricing to be determined, and is intended for Muse enthusiasts, with the company considering follow-up generations if the concept proves successful.
- MGM Resorts (MGM) shares are lower after Barry Diller’s People Inc. dropped plans to acquire the rest of the casino giant.
- Stitch Fix (SFIX) shares are down falling after the online personal styling platform forecast a much weaker full-year 2027 Ebitda that analysts expected. The company also reported loss per share from continuing operations for the fourth quarter of 2.0c.
- Everpure (P) gains as the data-storage company forecast revenue for 2028 that exceeded the average analyst estimate.
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