Purple has gotten torched over the last six months - since October 2024, its stock price has dropped 25.8% to $0.67 per share. This might have investors contemplating their next move.
Shareholders of TransUnion would probably like to forget the past six months even happened. The stock dropped 32.3% and now trades at $71.53. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for all countries. This reminded markets that the global trade environment remained volatile, limiting the potential for sustained gains.
Shares of smart home company SmartRent (NYSE:SMRT) fell 29.5% in the morning session after the company announced that sales for Q1 2025 would fall 18-20% compared to the previous year, raising concerns about weakening demand and competitive pressures which could negatively impact investor confidence and future growth prospects. Compounding the uncertainty, President and CEO Shane Paladin resigned, prompting the board to appoint Chairman John Dorman as interim CEO. The leadership transition, particularly during a period of financial underperformance, may deepen market anxiety regarding the stability of the business while the board searches for a permanent successor.
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for most countries. This added layer of uncertainty reminded investors that the global trade environment remained volatile, limiting the potential for sustained market gains.
The technology sector is preparing for a period of uncertainty and volatility due to recent tariffs and the upcoming earnings season according to Wedbush Analyst, Dan Ives.
Kid’s apparel and accessories retailer The Children’s Place (NASDAQ:PLCE)
will be announcing earnings results tomorrow after the bell. Here’s what to look for.
Microsoft Corporation (NASDAQ: MSFT) has decided to suspend its billion-dollar data center project in Licking County, Ohio. This move is the latest in a series of data center project cancellations by the software behemoth.
Microsoft trades at $383.71 per share and has stayed right on track with the overall market, losing 7.7% over the last six months while the S&P 500 is down 7.7%. This may have investors wondering how to approach the situation.
Repligen trades at $120.32 per share and has moved almost in lockstep with the market over the last six months. The stock has lost 10.5% while the S&P 500 is down 7.7%. This might have investors contemplating their next move.
