GameStop (NYSE:GME), Hewlett-Packard Company (NYSE:HPQ), Dollar Tree (NASDAQ:DLTR) and Abercrombie & Fitch (NYSE:ANF) Remained the Hot Market Movers of Today
One of the stocks included in market movers of today are Hewlett-Packard Company (NYSE:HPQ), the struggling manufacturers of PCs. HP’s shares dipped down by -12.53% mainly because of its fairly weak report for the quarter that was revealed on Wednesday. HP owned up to its disappointing enterprise business segment’s performance. Thursday wasn’t that great for HP as well because the stock was Dow’s worst performing element by a landslide. Shares of Hewlett-Packard Company (NYSE:HPQ) dived down by -12.45%; with a share volume of 46.37 million, they are currently being traded at a value of $22.24. HPQ stock’s range over 52 weeks has been between $11.35 and $27.78.
There was no good news for Abercrombie & Fitch Co. (NYSE:ANF) as well; today the company’s shares dipped down by -17.99% before the opening of the market. Revenue and profit reported for the quarter by Abercrombie were way below the expected figures from Wall Street. A guidance for a full year was not provided by Abercrombie & Fitch Co. Share of Abercrombie & Fitch Co. (NYSE:ANF) jumped down by -17.88% and valued at $38.43; the volume share of the stock was 13.33 million. Abercrombie’s range over 52 weeks has been between $30.06 and $55.23.
Both HP and Abercrombie suffered the consequences of announcing weak earnings report; their stocks suffered loss percentage in double digits.
All were not losers in the stock markets; there were some gainers as well.
GameStop Corp, the videogame retailer reported strong revenue and profit results for the quarter, which were better than what was expected as a result of which shares of GameStop Corp (NYSE:GME) went up by 16%. GameStop have revealed current quarter’s earnings guidance that too is better than the forecasts. In the current session, shares of GameStop Corp. (NYSE:GME) rallied by 11.19% ($52.95); the stocks’ share volume was 7.50 million shares. GameStop’s range over 52 weeks has been between $17.94 and $56.08.
Shares of Dollar Tree, Inc. (NASDAQ:DLTR) jumped up by 3% because of its strong earnings report. According to the company, the strong earnings report was mainly due to stronger ticket price and higher traffic. With a share volume of 2.18 million, shares of Dollar Tree, Inc. (NASDAQ:DLTR) went up by 1.43% ($52.58); the stock’s 52 range has been between $37.12 and $55.02.