Market Updates
Movers: 3M Company, Best Buy, Big Lots, Cryptocurrencies Stocks, Heico, NIO
Scott Peters
29 Aug, 2023
New York City
Best Buy Co Inc fell 5.6% to $78.28 after the electronics retailer reported fiscal second quarter results ahead of market expectations.
The company also tightened its upper end of its full-year revenue outlook.
Big Lots Inc soared 31% to $8.22 after the deep discount retailer reported smaller-than-expected loss.
Big Lots said quarterly revenue rose to $1.14 billion and adjusted loss of earnings per share of $3.24.
Heico Corp declined 1.2% to $165.91 after the company said its operating margin declined from a year ago but quarterly results were ahead of market expectations.
Nio Inc declined 4.5% to $10.48 after the China-based electric vehicle maker reported a wider quarterly loss.
3M Company 1.9% to $106.10 after the company agreed to settle lawsuits related to defective military earplugs for $6.01 billion.
Cryptocurrency linked stocks advanced after a court ruled against the Securities and Exchange Commission in a suit related to spot bitcoin ETFs.
Marathon Digital jumped 27.5%, Coinbase Global soared 14.5% and Riot Platforms jumped 16.5%.
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 |
|---|