Market Updates
Movers: AMC Entertainment, Bed Bath & Beyond, EVgo, Zebra Technologies
Scott Peters
30 Mar, 2023
New York City
Bed Bath & Beyond Inc dropped 23.3% to 61 cents after the struggling home goods retailer filed to raise $300 million in stock offering but also raised the prospect of a bankruptcy filing.
EVgo Inc soared 24.5% to $7.16 after the electric vehicle charging network company reported a surge in fourth quarter revenue and a rise in network throughput.
Revenue in the fourth quarter increased 283% to $27.3 million from $7.1 million and net loss fell to $17.0 million from $46.3 million and diluted loss per share fell to 6 cents from 18 cents a year ago.
For the full-year 2022, revenue soared 146% to $54.6 million from $22.2 million and net loss expanded to $27.6 million from $5.9 million and diluted loss per share rose to 40 cents from 9 cents a year ago.
The company guided 2023 revenue in the range of $105 million to $150 million and adjusted operating earnings between $78 million and $60 million.
Additionally, at year-end 2023, EVgo expects to have between 3,400 and 4,000 DC fast charging stalls in operation or under construction.
AMC Entertainment Holdings Inc edged down 0.4% to $4.98 after surging more than 13% in the last three days of trading on a speculation that Amazon.com Inc may acquire the network of movie theater operators.
Zebra Technologies Corp increased 3.1% to $305.33 after the mobile computing and scanning solutions provider announced a leadership change.
The company appointed Joe White as new Chief Product & Solutions Officer, replacing Bill Burns who became the company's CEO earlier this month.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|