Market Updates
U.S. Movers: Capri Holdings, Deckers Outdoor, DexCom, Digital Realty, L3Harris, Tapestry Inc.
Scott Peters
25 Oct, 2024
New York City
L3Harris Technologies rose 4.7% to $255.96 after the defense contractor reported better-than-expected results in the third quarter.
Deckers Outdoor Corporation jumped 10.7% to $168.28 after the maker of Ugg and Hoka reported sharply higher-than-expected fiscal second quarter earnings and revenue.
Tapestry Inc. increased 13.9% to $50.63, and Capri Holdings declined 47% to $22.09 after a federal judge blocked a merger between the two fashion companies.
Digital Realty Trust soared 14.3% to $188.88 after the real estate company reported record lease bookings in the third quarter.
DexCom declined 3.5% to $72.33 despite the company reporting higher-than-expected quarterly earnings, but slower revenue growth weighed on the stock.
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Earnings
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