share_log

Market-Moving News for August 8th

Benzinga ·  Aug 8 08:34

LLY: 13% | Eli Lilly shares are trading higher after the company reported better-than-expected Q2 financial results and raised its full-year guidance.

SEDG: -17% | SolarEdge Technologies shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results and issued Q3 revenue guidance below estimates. Also, Piper Sandler maintained a Neutral rating on the stock and lowered its price target from $29 to $25.

BMBL: -42% | Bumble shares are trading lower after the company reported worse-than-expected Q2 revenue results. Also, multiple firms downgraded their respective ratings and price targets on the stock.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment