Walmart Falls, Coty Tumbles, CoreWeave Rises After Rating Upgrade
On this episode of Stock Movers:
- Walmart (WMT) shares fell after its' profit missed expectations for the first time in three years, due to a rise in insurance claims, legal charges and restructuring costs. Walmart raised its full-year sales guidance, with Chief Financial Officer John David Rainey saying "the consumer is resilient" and that the company continues to gain market share across all income levels.
- Coty (COTY) shares tumble in biggest intraday drop since March 2020, after the personal care products company forecast steep sales declines and reported a wider-than-expected loss for the fourth quarter.
- CoreWeave (CRWV) shares rise after the company was raised to buy from neutral at Arete Research and HC Wainwright & Co. as they see the cloud-software company’s recent selling pressure decreasing and see opportunities for growth.
See omnystudio.com/listener for privacy information.
You May Also Like

120 jaar IJsfabriek Strombeek
The Podcast Planet

DarrenDaily On-Demand
Darren Hardy LLC

Unstoppable Success
Jaclyn Strominger

Audio-CD.at Indie Podcasts: Wiener Börse, Sport, Musik (und mehr)
Christian Drastil Comm. (Agentur für Investor Relations und Podcasts)

Right About Now - Legendary Business Advice
The Radcast Network

Good Morning Business
BFM Business

Prof G Markets
Vox Media Podcast Network

Datasets
Visionary

Life Beyond the Briefs
Brian Glass

Habits and Hustle
Melanie Ricardo
Community discussion