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Deckers Soars, Centene Tumbles, Intel Slides on CEO Warning

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Manage episode 496479927 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://podcastplayer.com/legal.

On this episode of Stock Movers:
- Deckers (DECK) shares soar as Net sales for Ugg and Hoka surpassed analysts' estimates in the fiscal first quarter ending June 30th, with Ugg sales rising about 19% and Hoka increasing roughly 20%.
- Centene (CNC) shares tumble after the health insurer reported adjusted loss per share for the second quarter, surprising analysts who’d forecasted a profit. The company also reported higher medical costs in the second quarter than Wall Street’s expectations.
- Intel (INTC) shares slide after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.

See omnystudio.com/listener for privacy information.

  continue reading

805 episodes

Artwork
iconShare
 
Manage episode 496479927 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://podcastplayer.com/legal.

On this episode of Stock Movers:
- Deckers (DECK) shares soar as Net sales for Ugg and Hoka surpassed analysts' estimates in the fiscal first quarter ending June 30th, with Ugg sales rising about 19% and Hoka increasing roughly 20%.
- Centene (CNC) shares tumble after the health insurer reported adjusted loss per share for the second quarter, surprising analysts who’d forecasted a profit. The company also reported higher medical costs in the second quarter than Wall Street’s expectations.
- Intel (INTC) shares slide after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.

See omnystudio.com/listener for privacy information.

  continue reading

805 episodes

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