H&M shares plunge 14% after disappointing Q2 profit, cautious outlook

2024-6-27 12:03

Shares of H&M dropped by more than 14% on Thursday morning after the company reported a smaller-than-expected increase in second-quarter profits. The disappointing earnings report also raised concerns about the retailer’s June sales and its ability to meet full-year profit margin targets. origin »

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shares disappointing profit earnings retailer concerns raised

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Источник: invezz.com

shares disappointing → Результатов: 8

Disappointing Q2 earnings send shares of Bitcoin Miner Hut 8 plummeting

Following the release of disappointing Q2 earnings results, Hut 8 (TSX: HUT), a Toronto-based Bitcoin mining company, had its shares drop 8% on Monday. The company reported that it mined 399 BTC during the quarter that ended on June 30; a decrease of 58% from the same time last year.

2023-8-15 22:27	Canada
hut disappointing company earnings shares bitcoin ended

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Cathie Wood's Ark Invest Offloads Over 1.4M Coinbase Shares as COIN Price Falls

Coinbase shares have taken a big hit following a disappointing results report and a report the company is being investigated by the U.S. Securities and Exchange Commission.

2022-7-27 09:55	Markets
report shares coinbase exchange commission results disappointing

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Cathie Wood's Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange's Stock Plummets

Shares of Coinbase Global (COIN) dove almost 25% on Wednesday after reporting disappointing first-quarter earnings.

2022-5-12 07:39	Markets
shares coinbase almost dove global coin first-quarter

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More volatile than Bitcoin? Netflix shares plunge 25%

The streaming service’s stock price took a major hit after releasing disappointing user numbers, making some in the crypto community cry foul at the volatility.

2022-4-20 06:04	volatility
making numbers user releasing disappointing volatility foul

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Cash App-Fueled Bitcoin Revenue a Bright Spot in Square’s Tough Quarter

Investors are fleeing Square’s stock after the company reported disappointing first-quarter earnings. Shares in after hours are down nearly 7%, as COVID-related struggles overshadowed the brightest spot in the earnings report — Bitcoin revenue.

2020-5-7 03:20	Square
square earnings spot bitcoin revenue down hours

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HSBC Shares Are In Red as Banks Reports Disappointing Full-Year 2019 Earnings

Coinspeaker HSBC Shares Are In Red as Banks Reports Disappointing Full-Year 2019 EarningsHSBC 2019 full-year earnings failed to meet the expectations. When it was revealed, HSBC shares price started to fall.

2020-2-18 16:47
hsbc 2019 full-year shares earnings disappointing red

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Billionaire Oprah Winfrey Loses $50 Million in Weight Watchers Shares after 30% Plunge

Shares of fitness firm WW, which was formerly known as Weight Watchers International, plunged 30% in pre-market hours on Wednesday wiping out nearly $50 million of the stake that Oprah Winfrey holds in the company, according to CNBC.

2019-2-27 15:45
million shares watchers weight winfrey oprah came

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Sweden to eliminate incentives for bitcoin miners, raising electricity tax by 6,000%

Sweden is doing away with tax incentives for data centers come July. This decision could affect bitcoin (BTC) miners who had turned to Nordic country to increase their profitability