Target, Holley, Ferroglobe And Other Big Losers From Wednesday
U.S. stocks closed mostly lower on Wednesday, with the Nasdaq Composite dropping around 175 points. Here is the list of some big stocks recording losses in the previous session.
What’s Going On With Advance Auto Parts Stock Today?
Advance Auto Parts Inc (NYSE: AAP) shares are trading lower Wednesday morning after the company reported worse-than-expected earnings results and cut full-year guidan
Wedbush Maintains Outperform on Advance Auto Parts, Lowers Price Target to $165
Wedbush analyst Seth Basham maintains Advance Auto Parts (NYSE:AAP) with a Outperform and lowers the price target from $200 to $165.
Wells Fargo Maintains Equal-Weight on Advance Auto Parts, Lowers Price Target to $180
Wells Fargo analyst Zachary Fadem maintains Advance Auto Parts (NYSE:AAP) with a Equal-Weight and lowers the price target from $200 to $180.
Why Advance Auto Parts Stock Is Falling After Hours
Advance Auto Parts Inc (NYSE: APP) shares are trading lower in Tuesday's after-hours session after the company reported worse-than-expected earnings results and cut full-year guidance.
Advance Auto Parts Lowers FY22 Adj. EPS To $12.60-$12.80 From $12.75-$13.25
Jeff Shepherd, executive vice president and chief financial officer, commented, "As we begin the final quarter of 2022, we're reiterating our full year guidance for net sales growth, comparable store sales and adjusted operating income margin expansion.
Nasdaq, S&P 500 Futures Skyrocket After Tamer PPI Data That Confirms Slowing Inflation, Walmart’s Beat-And-Raise Q3
The index futures are solidly higher in premarket trading on Tuesday, as stocks strive to return to winning ways amid lingering hopes of a Fed pause.
Investor Optimism Eases Ahead Of Retail Earnings
The CNN Money Fear and Greed index showed some easing in the overall market sentiment as US stocks dropped to start the week.
The S&P 500 jumped around 5.9% last week, recording its best weekly surge since June.
Earnings Scheduled For November 15, 2022
Companies Reporting Before The Bell
• Alkaline Water Co (NASDAQ:WTER) is likely to report quarterly loss at $0.05 per share on revenue of $18.31 million.