WeWork shares plunge on report of looming chapter as Match Group inventory slumps on Tinder proprietor’s Israel warning

Stock decliners:

WeWork Inc.
WE,
-11.63%
shares sank 36% after the Wall Street Journal reported that the co-working-space supplier was planning to file for chapter safety.

PayCom Software Inc.’s inventory
PAYC,
+2.05%
tanked 35% after the corporate posted blended quarterly earnings and the outlook for fourth quarter got here in brief.

Shares of Big 5 Sporting Goods Corp. 
BGFV,
-0.14%
slid 17% after the sportswear vendor forecast a internet loss and a drop in same-store gross sales for its fourth quarter.

Shares of Yum China Holdings Inc.
YUMC,
-1.05%
fell 12% after the proprietor of KFC, Pizza Hut and different fast-food manufacturers in China missed expectations for its third quarter and mentioned it sees softening demand forward.

Match Group Inc.’s
MTCH,
+1.65%
inventory slumped 7% after the Tinder proprietor posted underwhelming steering for the fourth quarter in warning traders a few drop in income from Israel.

Livent Corp.’s inventory
LTHM,
-0.34%
declined 4% after the lithium-ore miner missed Wall Street expectations for its third quarter and lowered its steering for the 12 months.

Shares in Advanced Micro Devices Inc.
AMD,
+2.41%
fell 2% regardless of a third-quarter beat for the chip maker, as a weaker-than-expected forecast for current-quarter income spooked traders.

Source web site: www.marketwatch.com

Rating
( No ratings yet )
Loading...