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Bumble Rises, FedEx Drops, Blackberry Gains on Revenue Forecast

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Manage episode 490789499 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

On this episode of Stock Movers:
- Bumble (BMBL) shares rise after the company said it’s cutting almost one-third of its staff, months after founder Whitney Wolfe Herd returned as chief executive officer to overhaul the struggling dating app.
- FedEx (FDX) shares drop after the company warned that its profit will be worse than expected this quarter and declines to offer guidance for the rest of the year due to the uncertain global demand environment.
- Blackberry (BB) shares gain after the software company boosted its revenue forecast for the full year. Analysts were positive about the company’s forecast and hiked their price target on the stock.

See omnystudio.com/listener for privacy information.

  continue reading

465 episodes

Artwork
iconShare
 
Manage episode 490789499 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

On this episode of Stock Movers:
- Bumble (BMBL) shares rise after the company said it’s cutting almost one-third of its staff, months after founder Whitney Wolfe Herd returned as chief executive officer to overhaul the struggling dating app.
- FedEx (FDX) shares drop after the company warned that its profit will be worse than expected this quarter and declines to offer guidance for the rest of the year due to the uncertain global demand environment.
- Blackberry (BB) shares gain after the software company boosted its revenue forecast for the full year. Analysts were positive about the company’s forecast and hiked their price target on the stock.

See omnystudio.com/listener for privacy information.

  continue reading

465 episodes

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