Market Updates
U.S. Movers: Boston Beer, eBay, First Solar, Urban Outfitters
Scott Peters
28 Feb, 2024
New York City
First Solar rose 6.4% to $154.10 after the solar panel maker reported a 30% increase in its net income in the fourth quarter and the company guided annual revenue that met analysts' expectations.
eBay Inc. jumped 5.4% to $46.75 after the online marketplace operator reported fourth-quarter results that met investor expectations.
The company also increased its dividend per share by 2 cents and announced a plan to buyback as much as $2 billion.
Boston Beer dropped 10% to $333.48 after the craft brewery reported weaker-than-expected fourth-quarter results.
The company reported revenue of $394 million and earnings per share of $1.49.
Urban Outfitters plunged 9.5% to $42.69 after the apparel retailer reported weaker-than-expected fiscal fourth quarter results.
Walt Disney declined 0.3% to $108.88 and the company announced the merger of its India operations with media assets held by Reliance Industries.
The newly formed Star India venture will have properties controlled by Disney and Reliance, and Reliance plans to contribute $1.4 billion to driven future growth.
After the merger, Mukesh Ambani controlled Viacom18 will have 36.8%, Reliance Industries will own 16.38%, and Disney will hold 36.84%.
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 |
|---|