Running-shoe maker On’s stock slides 14% after surprise loss and revenue miss

Date:

March 12, 2024

Swiss running-shoe company On Holding AG’s stock fell 14% Tuesday to put it on track for its biggest one-day selloff in almost two years, after the company posted an unexpected loss for the fourth quarter and revenue that fell short of estimates.

Source link

African Development Bank chief criticizes opaque loans tied to Africa's natural resources

Ex-Jaguars employee who stole more than $22 million from team sentenced to 6 1/2 years in prison

Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Running-shoe maker On’s stock slides 14% after surprise loss and revenue miss

Recent posts

Tyson Foods’ stock soars 5% after profit beat offsets fifth straight sales miss

‘I gave up a job that I loved passionately’: My husband secretly set up a trust that includes our home and his investments. What...

Trump could deliver lower oil prices but ‘mixed’ performances for oil and gas stocks

This practice can drastically reduce your risk of getting dementia

May is usually a good time to buy Treasuries. Why investors may want to disregard this seasonal noise.

Marathon Digital swings to a profit, but its stock falls after earnings

This chart shows what sets Nvidia apart from the rest of the Magnificent Seven

Bill Holdings’ stock rallies, then falls after hours. Investors may have been looking for more profits after layoffs.

Super Micro’s stock has surged 900% in a year. Why BofA is making a ‘buy’ call.

United resuming first flights to Tel Aviv since October after ‘detailed safety analysis’

Nvidia’s earnings report could kill the momentum driving U.S. stocks higher, regardless of how it turns out.

Coinbase’s stock soars after crypto platform swings to profit, as ‘risk on’ activity resumes

Jeff Bezos unloads another $2 billion of Amazon stock. He’s sold $4 billion this month.

Stocks, bonds slump as traders shift Fed rate-cut expectations to September

Canopy Growth is seeking shareholder approval for Canopy USA

Related articles

What next for Norfolk Southern after split decision in board battle with Ancora?

Here’s what we know about Biden’s tariffs on Chinese EVs, solar products and more

Fed’s Jefferson says slowing progress on inflation is ‘a source of concern’

Why the global platinum is headed for a second straight yearly deficit

Blink Charging’s CEO says drop in EV sales is mostly a Tesla problem

Subsidized internet and online-safety measures fail to make it into FAA bill

Ford plans to make Lucid and Waymo veteran its new CFO, as EV demand remains in flux

Why a less chaotic bond market could signal potential stock-buying opportunities

Company

Follow us