Zscaler shares fall more than 10% on rising outlook and job cuts
by Zscaler Inc. shares fell in Thursday’s extended session after the cybersecurity firm raised its revenue forecast for the year by announcing layoffs. Zscaler ZS, +4.43% …
Tag: Stock price movement/disruptions
Silvergate shares tumble as crypto bank warns it could fail
Shares of Silvergate Capital Corp. lost more than 40% of their value Thursday after the company delayed its financial statements and said it was evaluating …
Tesla shares fall 5% as Elon Musk’s ‘Master Plan 3’ falls short on details on cars and finances
Shares of Tesla Inc. plunged more than 5% in the extended session Wednesday after the EV maker teased a “next-generation” EV platform but stopped short …
3M stocks surge after company says 90% of earplug plaintiffs had ‘normal’ hearing
Shares of 3M Co. rose Wednesday after the consumer, industrial and health care products maker said US Department of Defense records show the “overwhelming majority” …
Rivian shares tumble after gains. Because Wall Street isn’t worried
Text size Rivian plans to roughly double production in 2023 to approximately 50,000 vehicles. Wall Street wanted more. Spencer Platt/Getty Images Electric start of the …
AMC stock plunges after 14th straight quarterly loss, fourth straight year in the red
AMC Entertainment Holdings Inc. reported a loss for the 14th consecutive quarter and fourth consecutive year on Tuesday, and shares fell in after-hours trading. The …
AMC reports earnings today. What to expect.
Text size AMC stock slipped in trading on Tuesday, but its preferred stock units rallied. Scott Olson/Getty Images AMC Entertainment Holdings is going to give …
Workday promises to return to more than 20% subscription growth after offering conservative forecasts
Shares of Workday Inc. fluctuated in the extended session Monday after the cloud HR software company said it was still on track for growth goals …
Do layoffs pay off? Meta, Amazon and other tech stocks paint a mixed picture.
Text size Tech companies have announced more than 100,000 job cuts so far this year. Fizkes/Dreamstime Some tech companies have seen their shares soar after …
Unity Software’s shares are sinking after earnings. An analyst cut his rating.
Text size Unity provided a cautious outlook for the in-game ad market in the near term and into 2023. David Paul Morris/Bloomberg Unity software Shares …