Target shares open at record after blowing out Wall Street estimates for the second quarter

Indonesia Berita Berita

Target shares open at record after blowing out Wall Street estimates for the second quarter
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Target shares opened at record high after the retailer beat second-quarter earnings expectations and boosted its full-year estimates.

Target set its previous intraday high of $90.39 on Sept. 10, 2018. Its shares opened at $99.87 and briefly eclipsed $100 a share in the first few minutes of trading.

The retailer on Wednesday beat analysts polled by Refinitiv's earnings and revenue expectations, saying its investments in same-day shipping and in-store pick up drew more customers.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

CNBC /  🏆 12. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Fashion’s IPOs: Who Wins on Wall Street?Fashion’s IPOs: Who Wins on Wall Street?A flurry of offerings over the past year has five new(ish) names vying for attention, but who has the right business model to endure?
Baca lebih lajut »

Dow rallies more than 200 points as Wall Street continues rebound from August sell-offDow rallies more than 200 points as Wall Street continues rebound from August sell-offAll 3 major U.S. indices climbed today as Treasury yields rebounded, quelling fears of a looming recession. Equities also got a boost after the U.S. agreed to temporarily soften policy against Huawei. The Dow rose 0.96% as the S&P jumped 1.21%.
Baca lebih lajut »

Wall Street rallies on hopes of global economic stimulusWall Street rallies on hopes of global economic stimulusU.S. stocks climbed on Monday as reports of stimulus efforts in China and German...
Baca lebih lajut »

FDIC approves tweak of Volcker Rule, easing trading regulations for Wall Street banksFDIC approves tweak of Volcker Rule, easing trading regulations for Wall Street banksThe FDIC on Tuesday voted to approve a five-agency revision of the post-crisis regulation known as the Volcker Rule.
Baca lebih lajut »

U.S. regulators hand Wall Street a major win with stripped-down 'Volcker Rule'U.S. regulators hand Wall Street a major win with stripped-down 'Volcker Rule'U.S. banking regulators on Tuesday approved changes easing a rule introduced aft...
Baca lebih lajut »

Asian stocks follow Wall Street lower before US Fed releaseAsian stocks follow Wall Street lower before US Fed releaseEquities fell in Asia as investors took a step back after recent gains, with the focus now turning to a key speech by Federal Reserve boss Jerome Powell at the end of the week.
Baca lebih lajut »



Render Time: 2025-03-16 16:14:02